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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0330%/8h= +36.1% APRpaid last 24h +0.028%
Price spread now: OKX against gTrade (Gains Network)+0.085%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 +$10 a day on $10k at the current rate, and OKX is 0.085% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 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/USD0.2058L +0.0006% / S −0.0012%pay 0.0001% / 1h48m 21s$32K150x
ShortOKX FET-USDT-SWAP0.20600.0336get 0.0168% / 4h48m 21s$1.0M$7.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$69.32
Price spread: +0.085% → 0.000%
$8.45
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$57.77
Costs to cover
0.200%
Break-even
1.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago4.87 bp21.2 bp −$2159.5 bp −$595doesn'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−0.2657%1h0.2058−0.013%$28K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0728%1h0.2055−0.158%$154K$205K50xas long as short
Kraken Futures PF_FETUSD−0.0474%1h0.2058−0.031%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDlongL +0.0006% / S −0.0012%1h0.2058long leg$32K150x
Injective FET/USDC PERP+0.0033%1h0.2010−2.345%$3K$166K12xas long as short
Gate FET_USDT+0.0073%8h0.2056−0.110%$2.9M$12.0M50xas long as short
Aster FETUSDT+0.0100%8h0.2057−0.062%$344K$540K10xas long as short
Binance FETUSDT+0.0100%8h0.2058−0.027%$32.2M$108.2M75xas long as short
MEXC FET_USDT+0.0100%8h0.2057−0.061%$34.8M$24.9M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2058−0.013%$10.7M$19.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2051−0.341%$294K$332Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2056−0.110%$38K$5K10xas long as short
Extended FET-USD+0.0104%1h0.2057−0.047%$34K$190K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2057−0.084%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2057−0.061%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0321%8h0.2059+0.036%$5.6Mas long as short
OKX FET-USDT-SWAPshort+0.0336%4h0.2060+0.085%$1.0M$7.9M20x
Bitget FETUSDT+0.0339%8h0.2059+0.036%$16.6M$11.4M75xas long as short
Phoenix FET+0.0508%1h0.2057−0.061%$36K$45K5xas long as short
Hyperliquid FET+0.0987%1h0.2060+0.094%$9.2M$7.9M5xas long as short