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

FET

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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 0.000%
Price spread now: Variational Omni against MEXC+0.158%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.774%+$77 · spread now +0.158%, 7d avg +0.051%
Together, before fees+0.774%+ Points / potential airdropVariational Omni: Active · farm board+$77 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: Variational Omni is 0.107% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FET_USDT0.20200.0100pay 0.0100% / 8h6h 47m$31.3M$24.8M200x
ShortVariational Omni FET0.20230.0100get 0.0100% / 8h6h 47m$354K$401K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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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: +0.158% → +0.051%
$10.68
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$10.68
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: MEXC: live order book, 6 min ago; Variational Omni: RFQ quote, 21 min ago. Net counts fees only.

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, 6 min ago2.48 bp5.7 bp −$611.2 bp −$11269.6 bp −$6,957210.1 bp −$105.1K
Sell Variational Omni RFQ quote, 21 min ago7.29 bpdoesn't fit36.4 bp −$364doesn'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−0.5171%1h0.2018−0.099%$29K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0760%1h0.2028+0.396%$148K$215K50xas long as short
Kraken Futures PF_FETUSD−0.0742%1h0.2022+0.088%$983K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0022%1h0.2017−0.149%$21K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.495%$3K$166K12xas long as short
Gate FET_USDT+0.0037%8h0.20200.000%$2.8M$12.1M50xas long as short
Hyperliquid FET+0.0100%1h0.2025+0.238%$9.0M$8.3M5xas long as short
Aster FETUSDT+0.0100%8h0.2018−0.096%$307K$577K10xas long as short
Binance FETUSDT+0.0100%8h0.2023+0.155%$31.4M$112.1M75xas long as short
MEXC FET_USDTlong+0.0100%8h0.2020long leg$31.3M$24.8M200x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h0.2023+0.149%$10.6M$19.2M50xas long as short
Variational Omni FETshort+0.0100%8h0.2023+0.158%$354K$401K
Orderly PERP_FET_USDC+0.0100%8h0.2017−0.149%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2022+0.075%$33K$247K10xas long as short
OKX FET-USDT-SWAP+0.0149%4h0.2024+0.198%$1.0M$8.1M20xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2015−0.225%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.20200.000%$1.7M$2.8M100xas long as short
BingX FET-USDT+0.0270%8h0.2022+0.099%$6.0Mas long as short
Bitget FETUSDT+0.0305%8h0.2024+0.198%$16.3M$11.7M75xas long as short
Phoenix FET+0.0474%1h0.2026+0.297%$35K$43K5xas long as short