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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: KuCoin against gTrade (Gains Network)+0.124%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 KuCoin is 0.124% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 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/USD0.2018L +0.0006% / S −0.0011%pay 0.0001% / 1h24m 21s$33K150x
ShortKuCoin FETUSDTM0.20210.0100get 0.0100% / 8h4h 24m$10.6M$18.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$19.72
Price spread: +0.124% → 0.000%
$12.44
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$10.15
Costs to cover
0.220%
Break-even
3.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell KuCoin live order book, 4 min ago2.48 bp24.4 bp −$2462.1 bp −$621doesn'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−0.3691%1h0.2022+0.174%$38K$307K10xas long as short
Coinbase International FET-PERP-INTX−0.0984%1h0.2021+0.124%$146K$239K50xas long as short
Kraken Futures PF_FETUSD−0.0454%1h0.2025+0.308%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDlongL +0.0006% / S −0.0011%1h0.2018long leg$33K150x
Injective FET/USDC PERP+0.0033%1h0.2010−0.421%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2018−0.005%$201K$805K10xas long as short
Binance FETUSDT+0.0100%8h0.2020+0.075%$31.0M$113.9M75xas long as short
Gate FET_USDT+0.0100%8h0.2018−0.024%$2.7M$12.5M50xas long as short
MEXC FET_USDT+0.0100%8h0.2020+0.075%$30.1M$24.5M200xas long as short
KuCoin FETUSDTMshort+0.0100%8h0.2021+0.124%$10.6M$18.9M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2017−0.068%$337K$418Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2018−0.024%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2018−0.001%$33K$252K10xas long as short
Hyperliquid FET+0.0174%1h0.2021+0.139%$8.8M$8.4M5xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2018−0.002%$13K100xas long as short
BloFin FET-USDT+0.0220%8h0.2021+0.124%$1.7M$3.1M100xas long as short
OKX FET-USDT-SWAP+0.0230%4h0.2019+0.025%$1.0M$8.2M20xas long as short
BingX FET-USDT+0.0281%8h0.2021+0.124%$6.0Mas long as short
Bitget FETUSDT+0.0290%8h0.2021+0.124%$16.4M$11.9M75xas long as short
Phoenix FET+0.0505%1h0.2032+0.679%$35K$39K5xas long as short