Funding you earn now, next payment 23:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.056%
Price spread now: GMX against Extended+0.196%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.196% dearer against Extended than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2004 | 0.0104 | pay 0.0013% / 1h | 52m 54s | $33K | $189K | 10x |
| Short | GMX FET/USD [ETH-USDC] | 0.2008 | L +0.0201% / S −0.0278% | get 0.0035% / 1h | 52m 54s | $13K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $36.49
- Price spread: +0.196% → 0.000%
- $19.57
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $39.06
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 28 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 28 min ago | 9.17 bp | 18.0 bp −$18 | 140.9 bp −$1,409 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4703% | 1h | 0.2009 | +0.250% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2019 | +0.749% | $158K | $191K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2009 | +0.234% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0018% | 8h | 0.2004 | 0.000% | $2.7M | $11.8M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2009 | +0.225% | $8.9M | $7.8M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2007 | +0.167% | $340K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2004 | +0.007% | $31.3M | $107.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2004 | 0.000% | $34.6M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2004 | 0.000% | $10.3M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2012 | +0.416% | $273K | $316K | — | 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 | 0.2008 | +0.200% | $37K | $5K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2004 | long leg | $33K | $189K | 10x | |
| OKX FET-USDT-SWAP | +0.0132% | 4h | 0.2007 | +0.150% | $854K | $7.5M | 20x | as long as short |
| GMX FET/USD [ETH-USDC]short | L +0.0201% / S −0.0278% | 1h | 0.2008 | +0.196% | $13K | — | 100x | |
| BloFin FET-USDT | +0.0220% | 8h | 0.2008 | +0.200% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0247% | 8h | 0.2005 | +0.050% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0279% | 8h | 0.2006 | +0.100% | $16.3M | $11.3M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0360% | 1h | 0.2012 | +0.408% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | +0.300% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2015 | +0.544% | $27K | $36K | 5x | as long as short |
Extended FET-USD
GMX FET/USD [ETH-USDC]
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET