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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.028%
Price spread now: Bitget against gTrade (Gains Network)+0.157%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) FET/USD0.2008L +0.0006% / S −0.0012%pay 0.0001% / 1h51m 48s$32K150x
ShortBitget FETUSDT0.20110.0102get 0.0102% / 8h2h 51m$16.4M$11.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$20.19
Price spread: +0.157% → 0.000%
$15.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$13.88
Costs to cover
0.220%
Break-even
2.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 2 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 2 min ago4.95 bp12.0 bp −$1235.7 bp −$357doesn't fitdoesn't fit
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−0.3720%1h0.2007−0.042%$26K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0480%1h0.2013+0.256%$160K$189K50xas long as short
Gate FET_USDT−0.0117%8h0.2007−0.042%$2.7M$11.8M50xas long as short
gTrade (Gains Network) FET/USDlongL +0.0006% / S −0.0012%1h0.2008long leg$32K150x
Kraken Futures PF_FETUSD+0.0032%1h0.2013+0.254%$1.1M$2.1M50xas long as short
Aster FETUSDT+0.0100%8h0.2010+0.097%$346K$527K10xas long as short
Binance FETUSDT+0.0100%8h0.2009+0.041%$31.4M$107.2M75xas long as short
OKX FET-USDT-SWAP+0.0100%4h0.2011+0.157%$864K$7.5M20xas long as short
MEXC FET_USDT+0.0100%8h0.2008+0.007%$35.4M$25.2M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2007−0.042%$10.4M$18.9M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FET-USDT+0.0100%8h0.2008+0.007%$5.6Mas long as short
Variational Omni FET+0.0100%8h0.2021+0.679%$274K$315Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2006−0.092%$37K$5K10xas long as short
Bitget FETUSDTshort+0.0102%8h0.2011+0.157%$16.4M$11.4M75x
Extended FET-USD+0.0104%1h0.2009+0.035%$32K$144K10xas long as short
Hyperliquid FET+0.0107%1h0.2011+0.132%$9.0M$7.6M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2006−0.068%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2014+0.306%$1.7M$2.6M100xas long as short
Injective FET/USDC PERP+0.0371%1h0.2030+1.103%$3K$118K12xas long as short
Phoenix FET+0.0476%1h0.2014+0.291%$27K$37K5xas long as short