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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against KuCoin−0.101%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$820.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$10 on $10k
Price spread, last 7 days+0.080%+$8 · spread now −0.101%, 7d avg −0.053%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.048% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FETUSDTM0.19740.0100pay 0.0100% / 8h2h 28m$10.3M$18.5M50x
ShortGate FET_USDT0.19720.0100get 0.0100% / 8h2h 28m$2.6M$12.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.101% → −0.053%
−$4.79
Slippage, 4 orders
−$54.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$86.31
Costs to cover
0.815%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Gate: 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 KuCoin live order book, 6 min ago2.53 bp19.9 bp −$2053.0 bp −$530doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago5.06 bp16.0 bp −$1654.3 bp −$54381.6 bp −$8,163doesn'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−0.3285%1h0.1973−0.051%$38K$299K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.1995+1.064%$149K$259K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.1972−0.078%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+1.824%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.19740.000%$188K$810K10xas long as short
Binance FETUSDT+0.0100%8h0.1975+0.026%$30.1M$114.5M75xas long as short
Gate FET_USDTshort+0.0100%8h0.1972−0.101%$2.6M$12.8M50x
MEXC FET_USDT+0.0100%8h0.1973−0.051%$29.3M$25.1M200xas long as short
KuCoin FETUSDTMlong+0.0100%8h0.1974long leg$10.3M$18.5M50x
Variational Omni FET+0.0100%8h0.1977+0.162%$271K$479Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDC+0.0100%8h0.1972−0.101%$37K$7K10xas long as short
Extended FET-USD+0.0104%1h0.1973−0.026%$33K$198K10xas long as short
Bitget FETUSDT+0.0190%8h0.1976+0.101%$16.0M$11.9M75xas long as short
BingX FET-USDT+0.0195%8h0.19740.000%$6.0Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1971−0.149%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.1977+0.152%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0378%4h0.1975+0.051%$970K$8.0M20xas long as short
Kraken Futures PF_FETUSD+0.0465%1h0.1976+0.103%$1.0M$2.2M50xas long as short
Phoenix FET+0.0649%1h0.1977+0.172%$34K$37K5xas long as short
Hyperliquid FET+0.0820%1h0.1976+0.081%$8.4M$8.5M5xas long as short