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: KuCoin against Variational Omni−0.207%7-day average +0.007% · 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)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.207%, 7d avg +0.007%
Together, before fees−0.036%+ Points / potential airdropVariational Omni: 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: KuCoin is 0.213% cheaper against Variational Omni than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni FET0.19990.0100pay 0.0100% / 8h3h 24m$274K$478K
ShortKuCoin FETUSDTM0.19950.0100get 0.0100% / 8h3h 24m$10.3M$18.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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: −0.207% → +0.007%
−$21.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$33.33
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; KuCoin: live order book, 4 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, 30 min ago7.44 bpdoesn't fit32.3 bp −$323doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago2.50 bp24.1 bp −$2468.7 bp −$687doesn'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−0.3744%1h0.1995−0.207%$38K$307K10xas long as short
Coinbase International FET-PERP-INTX−0.1192%1h0.2005+0.294%$148K$257K50xas long as short
Kraken Futures PF_FETUSD−0.0366%1h0.2001+0.088%$978K$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.1997−0.084%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+0.544%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.1996−0.174%$193K$808K10xas long as short
Binance FETUSDT+0.0100%8h0.1995−0.207%$30.5M$114.0M75xas long as short
Gate FET_USDT+0.0100%8h0.1994−0.257%$2.7M$12.6M50xas long as short
MEXC FET_USDT+0.0100%8h0.1996−0.157%$30.1M$24.7M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.1995−0.207%$10.3M$18.6M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FETlong+0.0100%8h0.1999long leg$274K$478K
Orderly PERP_FET_USDC+0.0100%8h0.1997−0.107%$37K$7K10xas long as short
Extended FET-USD+0.0104%1h0.1995−0.191%$33K$253K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.1997−0.129%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.1998−0.057%$1.7M$3.1M100xas long as short
BingX FET-USDT+0.0246%8h0.1997−0.107%$5.9Mas long as short
Bitget FETUSDT+0.0251%8h0.1997−0.107%$16.2M$11.9M75xas long as short
OKX FET-USDT-SWAP+0.0368%4h0.1994−0.257%$1.0M$8.1M20xas long as short
Phoenix FET+0.0435%1h0.2001+0.084%$35K$38K5xas long as short
Hyperliquid FET+0.0672%1h0.1996−0.182%$8.5M$8.4M5xas long as short