After costs, if the gap returns to its 7d average, $10k−$75
spread now−0.069%7d average+0.108%fees + slippage, in and out−$57spread needed0.572%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2035 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $906K | $7.0M | 20x |
| Short | Hyperliquid FET | 0.2034 | 0.0879 | get 0.0110% / 1h | 5m 38s | $10.0M | $6.3M | 5x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$6.88
- Funding while held
- $23.36
- Slippage, 4 orders
- −$38.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.74
- Spread needed to break even
- 0.572%
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0779%
- Per $10,000 a day
- +$23.36
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 4.89 bp | 15.9 bp −$16 | 65.2 bp −$652 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.97 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective FET/USDC PERP | −14.496% | +0.0033% | 1h | $2K | $65K | 12x | as long as short |
| Aster FETUSDT | −0.155% | +0.0100% | 8h | $299K | $443K | 10x | as long as short |
| Gate FET_USDT | −0.147% | −0.0027% | 8h | $2.9M | $10.7M | 50x | as long as short |
| Extended FET-USD | −0.129% | +0.0104% | 1h | $31K | $147K | 10x | as long as short |
| Binance FETUSDT | −0.127% | +0.0100% | 8h | $32.1M | $100.5M | 75x | as long as short |
| MEXC FET_USDT | −0.098% | +0.0100% | 8h | $35.2M | $19.4M | 200x | as long as short |
| KuCoin FETUSDTM | −0.098% | +0.0100% | 8h | $10.0M | $14.1M | 50x | as long as short |
| Hyperliquid FETshort | −0.069% | +0.0879% | 1h | $10.0M | $6.3M | 5x | |
| BingX FET-USDT | −0.049% | +0.0100% | 8h | — | $4.7M | — | as long as short |
| OKX FET-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $906K | $7.0M | 20x |
Show all 20 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget FETUSDT | 0.000% | +0.0100% | 8h | $16.4M | $10.9M | 75x | as long as short |
| GMX FET/USD [ETH-USDC] | +0.036% | L +0.0206% / S −0.0362% | 1h | $14K | — | 100x | as long as short |
| Orderly PERP_FET_USDC | +0.049% | +0.0076% | 8h | $38K | $41K | 10x | as long as short |
| Deribit FET_USDC-PERPETUAL | +0.098% | −0.2199% | 1h | $16K | $146K | 10x | as long as short |
| Variational Omni FET | +0.104% | +0.0100% | 8h | $289K | $237K | — | as long as short |
| gTrade (Gains Network) FET/USD | +0.110% | L +0.0005% / S −0.0008% | 1h | $41K | — | 150x | as long as short |
| BloFin FET-USDT | +0.246% | +0.0220% | 8h | $1.7M | $2.5M | 100x | as long as short |
| Kraken Futures PF_FETUSD | +0.268% | +0.0294% | 1h | $1.0M | $2.6M | 50x | as long as short |
| Phoenix FET | +0.673% | +0.0386% | 1h | $28K | $49K | 5x | as long as short |
| Coinbase International FET-PERP-INTX | +0.835% | +0.0160% | 1h | $189K | $191K | 50x | as long as short |
OKX FET-USDT-SWAP
Hyperliquid FET
Injective
Aster
Gate
Extended
Binance
MEXC
KuCoin
BingX
Bitget
GMX
Deribit
Variational Omni
gTrade (Gains Network)
BloFin
Kraken Futures
Phoenix
Coinbase International