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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0217%/8h= −23.8% APRpaid last 24h −0.066%
Price spread now: gTrade (Gains Network) against BloFin−0.132%50s7-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 4 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 −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.132% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FET-USDT0.20460.0220pay 0.0220% / 8h4h 52m$1.8M$3.2M100x
ShortgTrade (Gains Network) FET/USD0.2043L +0.0006% / S −0.0003%get 0.0000% / 1h52m 21s$10K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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
−$45.66
Price spread: −0.132% → 0.000%
−$13.2
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$80.86
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago4.88 bp12.1 bp −$1223.6 bp −$236104.2 bp −$10.4Kdoesn'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 exchanges

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−0.5105%1h0.2043−0.147%$33K$311K10xas long as short
Coinbase International FET-PERP-INTX−0.1968%1h0.2048+0.098%$144K$275K50xas long as short
Kraken Futures PF_FETUSD−0.0242%1h0.2046−0.008%$1.0M$2.0M50xas long as short
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0003%1h0.2043−0.132%$10K150x
Injective FET/USDC PERP+0.0033%1h0.2100+2.639%$2K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2044−0.120%$158K$757K10xas long as short
Binance FETUSDT+0.0100%8h0.2043−0.142%$31.3M$109.6M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2043−0.147%$938K$7.6M20xas long as short
Gate FET_USDT+0.0100%8h0.2042−0.196%$2.9M$11.9M50xas long as short
MEXC FET_USDT+0.0100%8h0.2043−0.147%$28.5M$25.2M200xas long as short
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin FETUSDTM+0.0100%8h0.2043−0.147%$10.9M$17.1M50xas long as short
Bitget FETUSDT+0.0100%8h0.2043−0.147%$16.1M$11.8M75xas long as short
BingX FET-USDT+0.0100%8h0.2044−0.098%$5.8Mas long as short
Variational Omni FET+0.0100%8h0.2049+0.145%$282K$610Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2042−0.196%$36K$12K10xas long as short
Extended FET-USD+0.0104%1h0.2042−0.176%$38K$212K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0190% / S −0.0221%1h0.2043−0.170%$11K100xas long as short
BloFin FET-USDTlong+0.0220%8h0.2046long leg$1.8M$3.2M100x
Phoenix FET+0.0467%1h0.2047+0.073%$35K$35K5xas long as short
Hyperliquid FET+0.0827%1h0.2046−0.010%$9.8M$8.0M5xas long as short