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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.002%
Price spread now: Extended against KuCoin−0.002%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.957% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.002%, 7d avg −0.049%
Together, before fees−0.110%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.046% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FETUSDTM0.20360.0100pay 0.0100% / 8h7h 40m$10.5M$17.7M50x
ShortExtended FET-USD0.20360.0136get 0.0017% / 1h40m 43s$30K$202K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$7.56
Price spread: −0.002% → −0.049%
$4.6
Slippage, 4 orders
−$78.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$83.57
Costs to cover
0.957%
Break-even
84.4 days
Slippage from KuCoin: live order book, 8 min ago; Extended: live order book, 55 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 KuCoin live order book, 8 min ago2.46 bp23.9 bp −$2487.8 bp −$878doesn't fitdoesn't fit
Sell Extended live order book, 55 min ago8.71 bp18.9 bp −$1947.7 bp −$477doesn't fitdoesn'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−0.2691%1h0.2034−0.098%$42K$313K10xas long as short
Coinbase International FET-PERP-INTX−0.0736%1h0.2035−0.049%$143K$272K50xas long as short
Kraken Futures PF_FETUSD−0.0303%1h0.2037+0.030%$1.0M$2.0M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2034−0.122%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−1.277%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2037+0.043%$189K$752K10xas long as short
Gate FET_USDT+0.0100%8h0.20360.000%$2.8M$12.1M50xas long as short
KuCoin FETUSDTMlong+0.0100%8h0.2036long leg$10.5M$17.7M50x
Variational Omni FET+0.0100%8h0.2034−0.090%$288K$555Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2034−0.098%$36K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FETUSDT+0.0116%8h0.2039+0.147%$16.7M$11.7M75xas long as short
Extended FET-USDshort+0.0136%1h0.2036−0.002%$30K$202K10x
Binance FETUSDT+0.0136%8h0.2038+0.098%$31.2M$111.9M75xas long as short
MEXC FET_USDT+0.0138%8h0.20360.000%$30.2M$25.1M200xas long as short
BingX FET-USDT+0.0138%8h0.2037+0.049%$5.9Mas long as short
GMX FET/USD [ETH-USDC]L +0.0202% / S −0.0301%1h0.2035−0.054%$13K100xas long as short
OKX FET-USDT-SWAP+0.0219%4h0.2037+0.049%$1.0M$8.0M20xas long as short
BloFin FET-USDT+0.0256%8h0.2034−0.098%$1.7M$3.3M100xas long as short
Phoenix FET+0.0594%1h0.2037+0.064%$35K$35K5xas long as short
Hyperliquid FET+0.0816%1h0.2039+0.157%$8.6M$8.5M5xas long as short