Funding you earn now, next payment 16:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Variational Omni−0.011%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.865%−$87 · spread now −0.011%, 7d avg −0.020%
=Together, before fees−0.847%+ Points / potential airdropVariational Omni: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FET | 0.2020 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $276K | $524K | — |
| Short | BingX FET-USDT | 0.2020 | 0.0130 | get 0.0130% / 8h | 7h 56m | — | $5.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.3
- Price spread: −0.011% → −0.020%
- $0.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2.81
- Costs to cover
- 0.100%
- Break-even
- 10.1 days
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; BingX: live order book, 9 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 42 min ago | 7.43 bp | doesn't fit | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.95 bp | 14.0 bp −$14 | 19.5 bp −$195 | 79.5 bp −$7,954 | 370.8 bp −$185.4K |
FET on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.2700% | 1h | 0.2028 | +0.385% | $42K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0736% | 1h | 0.2032 | +0.583% | $153K | $263K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0304% | 1h | 0.2029 | +0.446% | $1.0M | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2027 | +0.311% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.506% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2020 | −0.011% | $188K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2018 | −0.110% | $2.7M | $12.0M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2023 | +0.137% | $10.5M | $17.8M | 50x | as long as short |
| Variational Omni FETlong | +0.0100% | 8h | 0.2020 | long leg | $276K | $524K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2026 | +0.286% | $36K | $11K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FETUSDT | +0.0114% | 8h | 0.2021 | +0.038% | $16.5M | $11.7M | 75x | as long as short |
| MEXC FET_USDT | +0.0126% | 8h | 0.2020 | −0.011% | $30.0M | $25.0M | 200x | as long as short |
| Extended FET-USD | +0.0128% | 1h | 0.2020 | 0.000% | $33K | $205K | 10x | as long as short |
| Binance FETUSDT | +0.0129% | 8h | 0.2020 | −0.013% | $30.8M | $111.8M | 75x | as long as short |
| BingX FET-USDTshort | +0.0130% | 8h | 0.2020 | −0.011% | — | $5.9M | — | |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0301% | 1h | 0.2027 | +0.350% | $13K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0221% | 4h | 0.2019 | −0.061% | $1.0M | $8.0M | 20x | as long as short |
| BloFin FET-USDT | +0.0246% | 8h | 0.2029 | +0.434% | $1.7M | $3.3M | 100x | as long as short |
| Phoenix FET | +0.0597% | 1h | 0.2023 | +0.157% | $35K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0756% | 1h | 0.2023 | +0.157% | $8.5M | $8.5M | 5x | as long as short |
Variational Omni FET
BingX FET-USDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Bitget FETUSDT
MEXC FET_USDT
Extended FET-USD
Binance FETUSDT
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BloFin FET-USDT
Phoenix FET
Hyperliquid FET