After costs, if the gap returns to its 7d average, $10k−$44
spread now+0.138%7d average−0.053%fees + slippage, in and out−$63spread needed0.629%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FETUSD | 0.2039 | −0.0244 | get 0.0031% / 1h | 56m 44s | $1.0M | $2.6M | 50x |
| Short | Binance FETUSDT | 0.2041 | 0.0100 | get 0.0100% / 8h | 7h 56m | $32.1M | $105.0M | 75x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.82
- Funding while held
- $10.33
- Slippage, 4 orders
- −$42.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.72
- Spread needed to break even
- 0.629%
Slippage from Kraken Futures: live order book, 3 min ago; Binance: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0344%
- Per $10,000 a day
- +$10.33
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 12.55 bp | 18.0 bp −$18 | 62.7 bp −$627 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.46 bp | 11.0 bp −$11 | 19.4 bp −$194 | 143.1 bp −$14.3K | doesn't fit |
FET price on every exchange
against the cheapest. Click to use as the short leg.FET on 20 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective FET/USDC PERP | −14.645% | +0.0033% | 1h | $2K | $65K | 12x | as long as short |
| Variational Omni FET | −0.394% | +0.0100% | 8h | $279K | $270K | — | as long as short |
| Phoenix FET | −0.228% | +0.0511% | 1h | $28K | $52K | 5x | as long as short |
| BloFin FET-USDT | −0.125% | +0.0220% | 8h | $1.7M | $2.6M | 100x | as long as short |
| Orderly PERP_FET_USDC | −0.076% | +0.0078% | 8h | $38K | $37K | 10x | as long as short |
| Extended FET-USD | −0.012% | +0.0104% | 1h | $31K | $147K | 10x | as long as short |
| Kraken Futures PF_FETUSDlong | 0.000% | −0.0244% | 1h | $1.0M | $2.6M | 50x | |
| MEXC FET_USDT | +0.023% | +0.0100% | 8h | $35.3M | $20.4M | 200x | as long as short |
| Aster FETUSDT | +0.061% | +0.0100% | 8h | $348K | $510K | 10x | as long as short |
| Gate FET_USDT | +0.072% | +0.0100% | 8h | $2.9M | $10.7M | 50x | as long as short |
Show all 20 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | +0.072% | −0.1218% | 1h | $19K | $157K | 10x | as long as short |
| KuCoin FETUSDTM | +0.121% | +0.0100% | 8h | $10.5M | $16.0M | 50x | as long as short |
| BingX FET-USDT | +0.121% | +0.0100% | 8h | — | $5.1M | — | as long as short |
| Binance FETUSDTshort | +0.138% | +0.0100% | 8h | $32.1M | $105.0M | 75x | |
| GMX FET/USD [ETH-USDC] | +0.145% | L +0.0206% / S −0.0362% | 1h | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.170% | +0.0100% | 4h | $863K | $7.2M | 20x | as long as short |
| gTrade (Gains Network) FET/USD | +0.191% | L +0.0006% / S −0.0022% | 1h | $22K | — | 150x | as long as short |
| Hyperliquid FET | +0.214% | +0.0673% | 1h | $10.1M | $6.7M | 5x | as long as short |
| Bitget FETUSDT | +0.268% | +0.0100% | 8h | $16.7M | $11.3M | 75x | as long as short |
| Coinbase International FET-PERP-INTX | +0.415% | +0.0280% | 1h | $188K | $191K | 50x | as long as short |
Kraken Futures PF_FETUSD
Binance FETUSDT
Injective
Variational Omni
Phoenix
BloFin
Extended
MEXC
Aster
Gate
Deribit
KuCoin
BingX
GMX
OKX
gTrade (Gains Network)
Hyperliquid
Bitget
Coinbase International