data as of
Settings8H · net · $10k
Price arb /

FET

all FET markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$8
spread now+0.277%7d average+0.078%fees + slippage, in and out−$27spread needed0.274%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FET_USDT0.19490.0100pay 0.0100% / 8h3h 32m$35.4M$15.4M200x
ShortHyperliquid FET0.19540.0102get 0.0013% / 1h32m 56s$9.2M$5.1M5x

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
$27.71
Funding while held
$0.06
Slippage, 4 orders
−$18.37
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$0.39
Spread needed to break even
0.274%
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 11 min ago.

Cost of waiting

funding view
Funding /8h
+0.0002%
Per $10,000 a day
+$0.06
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 MEXC live order book, 2 min ago2.57 bp3.5 bp −$49.1 bp −$9150.0 bp −$5,001177.8 bp −$88.9K
Sell Hyperliquid live order book, 11 min ago0.77 bp9.8 bp −$10doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective FET/USDC PERP−10.723%+0.0033%1h$2K$65K12xas long as short
Variational Omni FET−0.198%+0.0100%8h$271K$108Kas long as short
MEXC FET_USDTlong0.000%+0.0100%8h$35.4M$15.4M200x
GMX FET/USD [ETH-USDC]+0.014%L +0.0203% / S −0.0336%1h$13K100xas long as short
Phoenix FET+0.036%+0.0368%1h$26K$41K5xas long as short
Gate FET_USDT+0.051%+0.0056%8h$2.6M$7.9M75xas long as short
Orderly PERP_FET_USDC+0.051%+0.0096%8h$36K$51K10xas long as short
Extended FET-USD+0.057%+0.0104%1h$31K$140K10xas long as short
gTrade (Gains Network) FET/USD+0.102%L +0.0005% / S −0.0008%1h$41K150xas long as short
KuCoin FETUSDTM+0.103%+0.0100%8h$9.3M$11.1M50xas long as short
Show all 20 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL+0.103%−0.1285%1h$35K$107K10xas long as short
Aster FETUSDT+0.132%+0.0100%8h$190K$304K10xas long as short
Binance FETUSDT+0.151%+0.0100%8h$29.7M$81.2M75xas long as short
BingX FET-USDT+0.154%+0.0100%8h$4.1Mas long as short
BloFin FET-USDT+0.154%+0.0220%8h$1.6M$1.5M100xas long as short
OKX FET-USDT-SWAP+0.205%+0.0100%4h$797K$5.0M20xas long as short
Bitget FETUSDT+0.205%+0.0100%8h$15.0M$8.4M75xas long as short
Kraken Futures PF_FETUSD+0.211%+0.0779%1h$1.0M$2.3M50xas long as short
Hyperliquid FETshort+0.277%+0.0102%1h$9.2M$5.1M5x
Coinbase International FET-PERP-INTX+0.308%+0.0152%1h$174K$246K50xas long as short