Funding you earn now, next payment 23:00 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against BingX−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.091% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FET-USDT | 0.2008 | 0.0247 | pay 0.0247% / 8h | 1h 52m | — | $5.6M | — |
| Short | gTrade (Gains Network) FET/USD | 0.2006 | L +0.0006% / S −0.0012% | get 0.0002% / 1h | 52m 28s | $31K | — | 150x |
BingX FET-USDT
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BingX. 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
- −$49.28
- Price spread: −0.091% → 0.000%
- −$9.11
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$78.39
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 13 min ago; gTrade (Gains Network): no order-book sample. 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 BingX live order book, 13 min ago | 5.01 bp | 11.7 bp −$12 | 16.0 bp −$160 | 77.6 bp −$7,758 | 394.6 bp −$197.3K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.4703% | 1h | 0.2009 | +0.050% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2019 | +0.548% | $158K | $191K | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0012% | 1h | 0.2006 | −0.091% | $31K | — | 150x | |
| Gate FET_USDT | +0.0020% | 8h | 0.2005 | −0.149% | $2.7M | $11.8M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2009 | +0.035% | $8.9M | $7.8M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2009 | +0.041% | $340K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2007 | −0.054% | $31.4M | $107.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2007 | −0.050% | $34.6M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2007 | −0.050% | $10.3M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2012 | +0.216% | $273K | $316K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2005 | −0.149% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2006 | −0.089% | $33K | $189K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0132% | 4h | 0.2008 | 0.000% | $854K | $7.5M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0200% / S −0.0278% | 1h | 0.2005 | −0.139% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2008 | 0.000% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDTlong | +0.0247% | 8h | 0.2008 | long leg | — | $5.6M | — | |
| Bitget FETUSDT | +0.0279% | 8h | 0.2009 | +0.050% | $16.4M | $11.3M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0360% | 1h | 0.2012 | +0.208% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | +0.100% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2015 | +0.344% | $27K | $36K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET