FET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.067%

Price spread now: Injective against gTrade (Gains Network)−1.892%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 1.892% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −1.892% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$189 on $10k: about 8 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) FET/USD	0.2049	L +0.0006% / S −0.0012%	pay 0.0001% / 1h	52m 40s	$32K	—	150x
Short	Injective FET/USDC PERP	0.2010	0.0033	get 0.0004% / 1h	52m 40s	$3K	$166K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now −1.892%Rate

Funding earned: $5.75
Price spread: −1.892% → 0.000%: −$189.19
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$193.46
Costs to cover: 0.100%
Break-even: 242.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Injective: 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	−0.3155%	1h	0.2049	+0.012%	$28K	$200K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0728%	1h	0.2051	+0.109%	$153K	$205K	50x	as long as short
Kraken Futures PF_FETUSD	−0.0475%	1h	0.2052	+0.174%	$1.0M	$2.2M	50x	as long as short
gTrade (Gains Network) FET/USDlong	L +0.0006% / S −0.0012%	1h	0.2049	long leg	$32K	—	150x
Injective FET/USDC PERPshort	+0.0033%	1h	0.2010	−1.892%	$3K	$166K	12x
Gate FET_USDT	+0.0070%	8h	0.2049	+0.012%	$2.8M	$12.0M	50x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2051	+0.099%	$342K	$540K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2048	−0.037%	$32.0M	$108.0M	75x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2048	−0.037%	$34.5M	$24.8M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2049	+0.012%	$10.6M	$19.1M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2046	−0.124%	$289K	$327K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2049	+0.012%	$38K	$5K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2050	+0.040%	$34K	$190K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2049	+0.021%	$14K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2049	+0.012%	$1.7M	$2.7M	100x	as long as short
BingX FET-USDT	+0.0318%	8h	0.2050	+0.061%	—	$5.6M	—	as long as short
OKX FET-USDT-SWAP	+0.0321%	4h	0.2052	+0.158%	$999K	$7.8M	20x	as long as short
Bitget FETUSDT	+0.0339%	8h	0.2050	+0.061%	$16.5M	$11.4M	75x	as long as short
Phoenix FET	+0.0508%	1h	0.2048	−0.022%	$36K	$45K	5x	as long as short
Hyperliquid FET	+0.1005%	1h	0.2052	+0.178%	$9.1M	$7.9M	5x	as long as short