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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0756%/8h= +82.8% APRnext payment +$0.95 per $10,000 · paid last 24h −0.047%
Price spread now: gTrade (Gains Network) against Coinbase International−0.241%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
Funding pays, the price is against you. gTrade (Gains Network) is 0.241% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.241% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 25 hours of funding at the current rate (+$23 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International FET-PERP-INTX0.2022−0.0744get 0.0093% / 1h37m 01s$152K$201K50x
ShortgTrade (Gains Network) FET/USD0.2017L +0.0006% / S −0.0012%get 0.0002% / 1h37m 01s$32K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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
$158.84
Price spread: −0.241% → 0.000%
−$24.09
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$114.75
Costs to cover
0.200%
Break-even
1.9 days
Slippage unknown: Coinbase International: live order book, 46 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 Coinbase International live order book, 46 min ago12.39 bp31.0 bp −$31doesn't fitdoesn'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−0.4194%1h0.2016−0.297%$27K$200K10xas long as short
Coinbase International FET-PERP-INTXlong−0.0744%1h0.2022long leg$152K$201K50x
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0012%1h0.2017−0.241%$32K150x
Gate FET_USDT+0.0053%8h0.2016−0.297%$2.7M$11.9M50xas long as short
Aster FETUSDT+0.0100%8h0.2018−0.177%$343K$535K10xas long as short
Binance FETUSDT+0.0100%8h0.2017−0.268%$31.5M$107.3M75xas long as short
MEXC FET_USDT+0.0100%8h0.2015−0.346%$34.6M$25.1M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2017−0.247%$10.4M$19.1M50xas long as short
Variational Omni FET+0.0100%8h0.2023+0.063%$275K$317Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2014−0.396%$37K$5K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended FET-USD+0.0104%1h0.2016−0.288%$34K$190K10xas long as short
OKX FET-USDT-SWAP+0.0162%4h0.2019−0.148%$856K$7.6M20xas long as short
Hyperliquid FET+0.0164%1h0.2018−0.208%$8.9M$7.9M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2015−0.350%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2018−0.198%$1.7M$2.6M100xas long as short
BingX FET-USDT+0.0299%8h0.2018−0.198%$5.6Mas long as short
Bitget FETUSDT+0.0315%8h0.2019−0.148%$16.4M$11.4M75xas long as short
Kraken Futures PF_FETUSD+0.0359%1h0.2019−0.161%$1.0M$2.2M50xas long as short
Injective FET/USDC PERP+0.0553%1h0.2010−0.593%$3K$166K12xas long as short
Phoenix FET+0.0599%1h0.2025+0.148%$27K$36K5xas long as short