After costs, if the gap returns to its 7d average, $10k−$120
spread now−0.250%7d average+0.019%fees + slippage, in and out−$93spread needed0.932%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FETUSD | 0.2071 | −0.0241 | get 0.0030% / 1h | 44m 44s | $1.0M | $2.6M | 50x |
| Short | BloFin FET-USDT | 0.2066 | 0.0220 | get 0.0220% / 8h | 7h 44m | $1.7M | $2.6M | 100x |
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
- −$24.97
- Funding while held
- $13.82
- Slippage, 4 orders
- −$71.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.31
- Spread needed to break even
- 0.932%
Slippage from Kraken Futures: live order book, 5 min ago; BloFin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0461%
- Per $10,000 a day
- +$13.82
- 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, 5 min ago | 23.40 bp | 29.4 bp −$29 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.44 bp | 16.8 bp −$17 | 35.4 bp −$354 | 166.3 bp −$16.6K | 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 | −15.990% | +0.0033% | 1h | $2K | $65K | 12x | as long as short |
| Phoenix FET | −0.713% | +0.0511% | 1h | $28K | $53K | 5x | as long as short |
| MEXC FET_USDT | −0.636% | +0.0100% | 8h | $34.8M | $20.8M | 200x | as long as short |
| Gate FET_USDT | −0.588% | +0.0100% | 8h | $2.9M | $10.9M | 50x | as long as short |
| Extended FET-USD | −0.541% | +0.0104% | 1h | $31K | $147K | 10x | as long as short |
| OKX FET-USDT-SWAP | −0.539% | +0.0100% | 4h | $851K | $7.4M | 20x | as long as short |
| KuCoin FETUSDTM | −0.539% | +0.0100% | 8h | $10.5M | $16.1M | 50x | as long as short |
| BingX FET-USDT | −0.491% | +0.0100% | 8h | — | $5.1M | — | as long as short |
| Aster FETUSDT | −0.476% | +0.0100% | 8h | $351K | $515K | 10x | as long as short |
| Bitget FETUSDT | −0.443% | +0.0100% | 8h | $16.7M | $11.5M | 75x | as long as short |
Show all 20 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni FET | −0.414% | +0.0100% | 8h | $285K | $272K | — | as long as short |
| Binance FETUSDT | −0.399% | +0.0100% | 8h | $32.6M | $106.2M | 75x | as long as short |
| Hyperliquid FET | −0.366% | +0.0136% | 1h | $9.9M | $7.0M | 5x | as long as short |
| BloFin FET-USDTshort | −0.250% | +0.0220% | 8h | $1.7M | $2.6M | 100x | |
| GMX FET/USD [ETH-USDC] | −0.151% | L +0.0207% / S −0.0362% | 1h | $14K | — | 100x | as long as short |
| Orderly PERP_FET_USDC | −0.105% | +0.0079% | 8h | $38K | $35K | 10x | as long as short |
| gTrade (Gains Network) FET/USD | −0.081% | L +0.0006% / S −0.0011% | 1h | $37K | — | 150x | as long as short |
| Deribit FET_USDC-PERPETUAL | −0.057% | −0.2640% | 1h | $21K | $197K | 10x | as long as short |
| Kraken Futures PF_FETUSDlong | 0.000% | −0.0241% | 1h | $1.0M | $2.6M | 50x | |
| Coinbase International FET-PERP-INTX | +0.137% | +0.0280% | 1h | $189K | $195K | 50x | as long as short |
Kraken Futures PF_FETUSD
BloFin FET-USDT
Injective
Phoenix
MEXC
Gate
Extended
OKX
KuCoin
BingX
Aster
Bitget
Variational Omni
Binance
Hyperliquid
GMX
gTrade (Gains Network)
Deribit
Coinbase International