Settings8H · net · $10k
Funding arb · Price arb /

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Gate+0.101%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.284%+$28 on $10k
Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.101%, 7d avg +0.112%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FET_USDT0.19860.0100pay 0.0100% / 8h2h 52m$2.6M$12.7M50x
ShortBloFin FET-USDT0.19880.0220get 0.0220% / 8h2h 52m$1.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.2
Price spread: +0.101% → +0.112%
−$1.08
Slippage, 4 orders
−$41.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$44.05
Costs to cover
0.682%
Break-even
19.2 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.52 bp18.9 bp −$1949.1 bp −$49163.2 bp −$6,318doesn't fit
Sell BloFin live order book, 6 min ago7.60 bp13.6 bp −$1431.4 bp −$31489.2 bp −$8,924doesn't fit

FET on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.3758%1h0.1988+0.101%$38K$298K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.1991+0.252%$148K$257K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.1987+0.050%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+1.208%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.1986+0.004%$190K$809K10xas long as short
Binance FETUSDT+0.0100%8h0.1989+0.136%$30.2M$114.8M75xas long as short
Gate FET_USDTlong+0.0100%8h0.1986long leg$2.6M$12.7M50x
MEXC FET_USDT+0.0100%8h0.1987+0.050%$29.8M$24.9M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.1987+0.050%$10.4M$18.6M50xas long as short
Variational Omni FET+0.0100%8h0.1987+0.058%$272K$479Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.1987+0.050%$37K$7K10xas long as short
Extended FET-USD+0.0104%1h0.1988+0.121%$33K$201K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1986+0.018%$13K100xas long as short
BingX FET-USDT+0.0204%8h0.1989+0.151%$6.0Mas long as short
Bitget FETUSDT+0.0213%8h0.1988+0.101%$16.0M$11.9M75xas long as short
BloFin FET-USDTshort+0.0220%8h0.1988+0.101%$1.7M$3.2M100x
OKX FET-USDT-SWAP+0.0374%4h0.1989+0.151%$986K$8.1M20xas long as short
Kraken Futures PF_FETUSD+0.0462%1h0.1989+0.155%$970K$2.2M50xas long as short
Phoenix FET+0.0649%1h0.1987+0.040%$34K$37K5xas long as short
Hyperliquid FET+0.0889%1h0.1988+0.101%$8.5M$8.4M5xas long as short