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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.021%
Price spread now: Extended against OKX−0.009%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.009%, 7d avg −0.037%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 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: Extended is 0.028% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FET-USDT-SWAP0.20880.0100pay 0.0050% / 4h1h 56m$1.1M$7.8M20x
ShortExtended FET-USD0.20880.0104get 0.0013% / 1h56m 36s$38K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: −0.009% → −0.037%
$2.78
Slippage, 4 orders
−$62.24
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$73.62
Costs to cover
0.772%
Break-even
620.5 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 52 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 OKX live order book, 4 min ago2.38 bp24.3 bp −$2475.4 bp −$754doesn't fitdoesn't fit
Sell Extended live order book, 52 min ago9.88 bp18.5 bp −$1970.0 bp −$700doesn't fitdoesn't fit

FET on 20 exchanges

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−0.5920%1h0.2094+0.287%$33K$324K10xas long as short
Coinbase International FET-PERP-INTX−0.1152%1h0.2091+0.144%$148K$271K50xas long as short
Kraken Futures PF_FETUSD−0.1144%1h0.2096+0.385%$1.1M$2.0M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0003%1h0.2094+0.289%$10K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2100+0.575%$2K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2094+0.287%$162K$746K10xas long as short
Binance FETUSDT+0.0100%8h0.2094+0.273%$32.4M$110.9M75xas long as short
OKX FET-USDT-SWAPlong+0.0100%4h0.2088long leg$1.1M$7.8M20x
Gate FET_USDT+0.0100%8h0.20880.000%$2.9M$12.4M50xas long as short
MEXC FET_USDT+0.0100%8h0.20880.000%$30.5M$25.2M200xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h0.2095+0.335%$11.2M$17.2M50xas long as short
Bitget FETUSDT+0.0100%8h0.20880.000%$16.7M$12.2M75xas long as short
BingX FET-USDT+0.0100%8h0.20880.000%$5.8Mas long as short
Variational Omni FET+0.0100%8h0.2098+0.479%$315K$562Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2093+0.239%$37K$13K10xas long as short
Extended FET-USDshort+0.0104%1h0.2088−0.009%$38K$213K10x
GMX FET/USD [ETH-USDC]L +0.0199% / S −0.0277%1h0.2094+0.273%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2098+0.479%$1.8M$3.3M100xas long as short
Hyperliquid FET+0.0354%1h0.2097+0.421%$9.3M$7.8M5xas long as short
Phoenix FET+0.0453%1h0.2100+0.584%$36K$36K5xas long as short