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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni FET0.20200.0100pay 0.0100% / 8h7h 56m$276K$524K
ShortBingX FET-USDT0.20200.0130get 0.0130% / 8h7h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 42 min ago7.43 bpdoesn't fit37.2 bp −$372doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago4.95 bp14.0 bp −$1419.5 bp −$19579.5 bp −$7,954370.8 bp −$185.4K

FET on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.2700%1h0.2028+0.385%$42K$313K10xas long as short
Coinbase International FET-PERP-INTX−0.0736%1h0.2032+0.583%$153K$263K50xas long as short
Kraken Futures PF_FETUSD−0.0304%1h0.2029+0.446%$1.0M$2.1M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2027+0.311%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−0.506%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2020−0.011%$188K$751K10xas long as short
Gate FET_USDT+0.0100%8h0.2018−0.110%$2.7M$12.0M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2023+0.137%$10.5M$17.8M50xas long as short
Variational Omni FETlong+0.0100%8h0.2020long leg$276K$524K
Orderly PERP_FET_USDC+0.0100%8h0.2026+0.286%$36K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget FETUSDT+0.0114%8h0.2021+0.038%$16.5M$11.7M75xas long as short
MEXC FET_USDT+0.0126%8h0.2020−0.011%$30.0M$25.0M200xas long as short
Extended FET-USD+0.0128%1h0.20200.000%$33K$205K10xas long as short
Binance FETUSDT+0.0129%8h0.2020−0.013%$30.8M$111.8M75xas long as short
BingX FET-USDTshort+0.0130%8h0.2020−0.011%$5.9M
GMX FET/USD [ETH-USDC]L +0.0202% / S −0.0301%1h0.2027+0.350%$13K100xas long as short
OKX FET-USDT-SWAP+0.0221%4h0.2019−0.061%$1.0M$8.0M20xas long as short
BloFin FET-USDT+0.0246%8h0.2029+0.434%$1.7M$3.3M100xas long as short
Phoenix FET+0.0597%1h0.2023+0.157%$35K$35K5xas long as short
Hyperliquid FET+0.0756%1h0.2023+0.157%$8.5M$8.5M5xas long as short