Funding you earn now, next payment 07:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.012%
Price spread now: Gate against Extended+0.003%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.676% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.003%, 7d avg −0.025%
=Together, before fees+0.011%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.028% dearer against Extended than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.026% in total) that is about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2003 | 0.0128 | pay 0.0016% / 1h | 8m 31s | $37K | $203K | 10x |
| Short | Gate FET_USDT | 0.2003 | 0.0100 | get 0.0100% / 8h | 1h 08m | $2.6M | $12.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$5.88
- Price spread: +0.003% → −0.025%
- $2.85
- Slippage, 4 orders
- −$47.59
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$70.62
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from Extended: live order book, 33 min ago; Gate: live order book, 5 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 Extended live order book, 33 min ago | 7.51 bp | 17.1 bp −$17 | 158.2 bp −$1,582 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.49 bp | 16.5 bp −$17 | 51.1 bp −$511 | 95.5 bp −$9,548 | 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 | −0.3720% | 1h | 0.2007 | +0.203% | $41K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0688% | 1h | 0.2012 | +0.452% | $151K | $264K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2006 | +0.173% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.352% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2005 | +0.112% | $187K | $817K | 10x | as long as short |
| Gate FET_USDTshort | +0.0100% | 8h | 0.2003 | +0.003% | $2.6M | $12.9M | 50x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2003 | +0.003% | $10.5M | $18.3M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2008 | +0.259% | $285K | $506K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2006 | +0.153% | $36K | $11K | 10x | as long as short |
| Extended FET-USDlong | +0.0128% | 1h | 0.2003 | long leg | $37K | $203K | 10x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FET_USDT | +0.0130% | 8h | 0.2003 | +0.003% | $29.5M | $25.2M | 200x | as long as short |
| Binance FETUSDT | +0.0131% | 8h | 0.2004 | +0.045% | $30.6M | $114.4M | 75x | as long as short |
| Bitget FETUSDT | +0.0193% | 8h | 0.2006 | +0.153% | $16.3M | $11.8M | 75x | as long as short |
| BingX FET-USDT | +0.0193% | 8h | 0.2005 | +0.103% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2006 | +0.173% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0250% | 8h | 0.2006 | +0.153% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0400% | 4h | 0.2004 | +0.053% | $992K | $8.1M | 20x | as long as short |
| Phoenix FET | +0.0635% | 1h | 0.2011 | +0.377% | $35K | $38K | 5x | as long as short |
| Kraken Futures PF_FETUSD | +0.0647% | 1h | 0.2008 | +0.268% | $992K | $2.2M | 50x | as long as short |
| Hyperliquid FET | +0.0653% | 1h | 0.2006 | +0.153% | $8.4M | $8.4M | 5x | as long as short |
Extended FET-USD
Gate FET_USDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
KuCoin FETUSDTM
Variational Omni FET
MEXC FET_USDT
Binance FETUSDT
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Kraken Futures PF_FETUSD
Hyperliquid FET