Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.6% APRnext payment −$1.24 per $10,000 · paid last 24h −0.008%
Price spread now: Gate against Aster−0.139%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 5 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.139%, 7d avg −0.099%
=Together, before fees+0.105%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.041% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster FETUSDT | 0.2016 | 0.0100 | pay 0.0100% / 8h | 2h 18m | $347K | $529K | 10x |
| Short | Gate FET_USDT | 0.2013 | −0.0024 | pay 0.0024% / 8h | 2h 18m | $2.7M | $11.8M | 50x |
Aster FETUSDT
Gate FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. 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
- −$26.04
- Price spread: −0.139% → −0.099%
- −$4.06
- Slippage, 4 orders
- −$66.03
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$119.12
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; Gate: live order book, 5 min ago.
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 Aster live order book, 4 min ago | 12.38 bp | 33.4 bp −$33 | 364.6 bp −$3,646 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.48 bp | 18.8 bp −$19 | 48.4 bp −$484 | 84.9 bp −$8,490 | doesn't fit |
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 | −0.4691% | 1h | 0.2014 | −0.089% | $27K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | +0.307% | $161K | $189K | 50x | as long as short |
| Gate FET_USDTshort | −0.0024% | 8h | 0.2013 | −0.139% | $2.7M | $11.8M | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2015 | −0.036% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2017 | +0.080% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDTlong | +0.0100% | 8h | 0.2016 | long leg | $347K | $529K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2015 | −0.029% | $31.4M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2017 | +0.059% | $859K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2015 | −0.040% | $34.9M | $25.4M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2015 | −0.040% | $10.4M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2019 | +0.178% | $274K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2013 | −0.139% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2015 | −0.046% | $32K | $144K | 10x | as long as short |
| BingX FET-USDT | +0.0191% | 8h | 0.2015 | −0.040% | — | $5.6M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2013 | −0.144% | $13K | — | 100x | as long as short |
| Bitget FETUSDT | +0.0205% | 8h | 0.2018 | +0.109% | $16.5M | $11.4M | 75x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2015 | −0.040% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0220% | 1h | 0.2016 | +0.030% | $9.0M | $7.7M | 5x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2010 | −0.288% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2020 | +0.193% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
Bitget FETUSDT
BloFin FET-USDT
Hyperliquid FET
Injective FET/USDC PERP
Phoenix FET