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Price arb /

FET

all FET markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.527%
7d average+0.280%if it closes, per $10,000$53funding while held, a day+$7.50
Long on Kraken FuturesShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_FETUSD0.20080.0038pay 0.0005% / 1h41m 31s$1.0M$2.6M50x
ShortCoinbase International FET-PERP-INTX0.20190.0288get 0.0036% / 1h41m 31s$189K$191K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$52.75
Funding while held
$7.5
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$40.24
Spread needed to break even
0.200%
Slippage unknown: Kraken Futures: live order book, 4 min ago; Coinbase International: live order book, 8 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0250%
Per $10,000 a day
+$7.50
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 4 min ago17.51 bp24.1 bp −$2455.5 bp −$555doesn't fitdoesn't fit
Sell Coinbase International live order book, 8 min ago17.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

FET price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.1740cheapest
OKX0.2002+15.057%Binance0.2003+15.104%Gate0.2003+15.115%MEXC0.2003+15.115%Extended0.2004+15.170%BingX0.2004+15.172%KuCoin0.2005+15.230%Bitget0.2005+15.230%Deribit0.2005+15.230%Aster0.2005+15.232%GMX0.2006+15.282%Orderly0.2006+15.287%gTrade (Gains Network)0.2007+15.330%
Kraken Futures0.2008+15.426%
Hyperliquid0.2009+15.448%BloFin0.2015+15.805%
Coinbase International0.2019+16.034%
Phoenix0.2023+16.253%Variational Omni0.2032+16.797%

FET on 20 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective FET/USDC PERP−13.364%+0.0033%1h$2K$65K12xas long as short
OKX FET-USDT-SWAP−0.319%+0.0100%4h$870K$6.9M20xas long as short
Binance FETUSDT−0.278%+0.0100%8h$31.5M$102.4M75xas long as short
Gate FET_USDT−0.269%−0.0030%8h$2.8M$10.7M50xas long as short
MEXC FET_USDT−0.269%+0.0100%8h$35.1M$19.9M200xas long as short
Extended FET-USD−0.221%+0.0104%1h$30K$147K10xas long as short
BingX FET-USDT−0.219%+0.0100%8h—$5.0M—as long as short
KuCoin FETUSDTM−0.170%+0.0100%8h$10.4M$14.8M50xas long as short
Bitget FETUSDT−0.170%+0.0100%8h$16.3M$11.1M75xas long as short
Deribit FET_USDC-PERPETUAL−0.170%−0.2734%1h$18K$157K10xas long as short
Show all 20 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster FETUSDT−0.168%+0.0100%8h$294K$447K10xas long as short
GMX FET/USD [ETH-USDC]−0.125%L +0.0205% / S −0.0362%1h$14K—100xas long as short
Orderly PERP_FET_USDC−0.120%+0.0077%8h$37K$40K10xas long as short
gTrade (Gains Network) FET/USD−0.082%L +0.0005% / S −0.0011%1h$36K—150xas long as short
Kraken Futures PF_FETUSDlong0.000%+0.0038%1h$1.0M$2.6M50x
Hyperliquid FET+0.020%+0.0773%1h$10.0M$6.5M5xas long as short
BloFin FET-USDT+0.328%+0.0220%8h$1.7M$2.5M100xas long as short
Coinbase International FET-PERP-INTXshort+0.527%+0.0288%1h$189K$191K50x
Phoenix FET+0.717%+0.0316%1h$27K$52K5xas long as short
Variational Omni FET+1.188%+0.0100%8h$285K$252K—as long as short