FET

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0372%/8h= −40.7% APRnext payment −$0.46 per $10,000 · paid last 24h +0.080%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.100%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Kraken Futures

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

The price spread pays, funding is against you. Kraken Futures is 0.100% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) FET/USD	0.2003	L +0.0006% / S −0.0011%	pay 0.0001% / 1h	29m 57s	$33K	—	150x
Short	Kraken Futures PF_FETUSD	0.2005	−0.0365	pay 0.0046% / 1h	29m 57s	$980K	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$78.03
Price spread: +0.100% → 0.000%: $10.03
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Kraken Futures live order book, 4 min ago	8.77 bp	16.2 bp −$16	57.3 bp −$573	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit FET_USDC-PERPETUAL	−0.4720%	1h	0.2002	−0.050%	$38K	$307K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.1192%	1h	0.2005	+0.100%	$148K	$257K	50x	as long as short
Kraken Futures PF_FETUSDshort	−0.0365%	1h	0.2005	+0.100%	$980K	$2.2M	50x
gTrade (Gains Network) FET/USDlong	L +0.0006% / S −0.0011%	1h	0.2003	long leg	$33K	—	150x
Injective FET/USDC PERP	+0.0033%	1h	0.2010	+0.349%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2003	−0.015%	$193K	$808K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2002	−0.050%	$30.6M	$113.9M	75x	as long as short
Gate FET_USDT	+0.0100%	8h	0.2000	−0.150%	$2.7M	$12.6M	50x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2001	−0.100%	$30.4M	$24.7M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2000	−0.150%	$10.4M	$18.7M	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	0.2003	+0.007%	$274K	$478K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2002	−0.050%	$38K	$7K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2000	−0.130%	$33K	$253K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0301%	1h	0.2002	−0.041%	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2002	−0.050%	$1.7M	$3.1M	100x	as long as short
BingX FET-USDT	+0.0246%	8h	0.2002	−0.050%	—	$5.9M	—	as long as short
Bitget FETUSDT	+0.0258%	8h	0.2003	0.000%	$16.2M	$11.9M	75x	as long as short
OKX FET-USDT-SWAP	+0.0360%	4h	0.2002	−0.050%	$1.0M	$8.1M	20x	as long as short
Phoenix FET	+0.0435%	1h	0.1996	−0.369%	$35K	$38K	5x	as long as short
Hyperliquid FET	+0.0686%	1h	0.2003	+0.015%	$8.6M	$8.4M	5x	as long as short