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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0289%/8h= −31.7% APRpaid last 24h −0.048%
Price spread now: gTrade (Gains Network) against Bitget−0.164%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.164% cheaper against Bitget than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FETUSDT0.20580.0302pay 0.0302% / 8h7h 41m$16.6M$11.5M75x
ShortgTrade (Gains Network) FET/USD0.2055L +0.0006% / S −0.0013%get 0.0002% / 1h41m 59s$32K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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
−$60.76
Price spread: −0.164% → 0.000%
−$16.38
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$99.14
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago2.43 bp13.4 bp −$1331.4 bp −$314doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.2175%1h0.2057−0.049%$29K$202K10xas long as short
Kraken Futures PF_FETUSD−0.1257%1h0.2059+0.052%$1.0M$2.2M50xas long as short
Coinbase International FET-PERP-INTX−0.0704%1h0.2057−0.049%$153K$208K50xas long as short
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0013%1h0.2055−0.164%$32K150x
Injective FET/USDC PERP+0.0033%1h0.2010−2.332%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2056−0.089%$342K$542K10xas long as short
Binance FETUSDT+0.0100%8h0.2056−0.097%$32.1M$109.9M75xas long as short
Gate FET_USDT+0.0100%8h0.2056−0.097%$2.8M$12.0M50xas long as short
MEXC FET_USDT+0.0100%8h0.2054−0.194%$34.6M$24.8M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.20580.000%$10.8M$19.2M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2041−0.817%$359K$399Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2056−0.097%$38K$6K10xas long as short
Extended FET-USD+0.0104%1h0.2056−0.118%$36K$231K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2055−0.169%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2052−0.292%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0286%8h0.20580.000%$5.7Mas long as short
Hyperliquid FET+0.0288%1h0.2059+0.034%$9.1M$8.1M5xas long as short
Bitget FETUSDTlong+0.0302%8h0.2058long leg$16.6M$11.5M75x
OKX FET-USDT-SWAP+0.0306%4h0.2059+0.049%$1.0M$8.0M20xas long as short
Phoenix FET+0.0467%1h0.2046−0.603%$36K$45K5xas long as short