FET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.047%

Price spread now: Gate against BloFin0.000%7-day average −0.124% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now 0.000%, 7d avg −0.124%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.124% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.124%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin FET-USDT	0.2059	0.0220	pay 0.0220% / 8h	5h 16m	$1.7M	$3.0M	100x
Short	Gate FET_USDT	0.2059	0.0100	get 0.0100% / 8h	5h 16m	$2.8M	$12.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$25.2
Price spread: 0.000% → −0.124%: $12.4
Slippage, 4 orders: −$43.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$83.57
Costs to cover: 0.708%
Break-even: never at this rate

Slippage from BloFin: live order book, 1 min ago; Gate: live order book, 2 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 BloFin live order book, 1 min ago	7.28 bp	17.1 bp −$17	26.3 bp −$263	116.6 bp −$11.7K	doesn't fit
Sell Gate live order book, 2 min ago	4.86 bp	19.6 bp −$20	54.7 bp −$547	91.1 bp −$9,106	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	−0.3141%	1h	0.2057	−0.097%	$39K	$294K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0872%	1h	0.2060	+0.049%	$152K	$232K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0015%	1h	0.2059	−0.001%	$23K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−2.380%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2060	+0.058%	$215K	$771K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2060	+0.049%	$32.0M	$112.2M	75x	as long as short
Gate FET_USDTshort	+0.0100%	8h	0.2059	0.000%	$2.8M	$12.5M	50x
MEXC FET_USDT	+0.0100%	8h	0.2059	0.000%	$30.8M	$24.3M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2061	+0.097%	$10.8M	$18.9M	50x	as long as short
Variational Omni FET	+0.0100%	8h	0.2063	+0.200%	$346K	$424K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_FET_USDC	+0.0100%	8h	0.2057	−0.097%	$39K	$7K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2060	+0.041%	$34K	$252K	10x	as long as short
Kraken Futures PF_FETUSD	+0.0113%	1h	0.2060	+0.038%	$1.0M	$2.2M	50x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0202% / S −0.0278%	1h	0.2059	−0.017%	$14K	—	100x	as long as short
BloFin FET-USDTlong	+0.0220%	8h	0.2059	long leg	$1.7M	$3.0M	100x
OKX FET-USDT-SWAP	+0.0258%	4h	0.2062	+0.146%	$1.1M	$8.3M	20x	as long as short
BingX FET-USDT	+0.0385%	8h	0.2061	+0.097%	—	$5.9M	—	as long as short
Bitget FETUSDT	+0.0400%	8h	0.2063	+0.194%	$16.8M	$11.8M	75x	as long as short
Hyperliquid FET	+0.0569%	1h	0.2061	+0.083%	$9.0M	$8.4M	5x	as long as short
Phoenix FET	+0.0669%	1h	0.2061	+0.087%	$36K	$39K	5x	as long as short