Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: Variational Omni against gTrade (Gains Network)+0.169%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.169% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FET/USD | 0.2017 | L +0.0006% / S −0.0004% | pay 0.0001% / 1h | 45m 31s | $20K | — | 150x |
| Short | Variational Omni FET | 0.2020 | 0.0100 | get 0.0100% / 8h | 45m 31s | $281K | $510K | — |
gTrade (Gains Network) FET/USD
Variational Omni FETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.83
- Price spread: +0.169% → 0.000%
- $16.89
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $26.72
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 58 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 Variational Omni RFQ quote, 58 min ago | 7.50 bp | doesn't fit | 32.5 bp −$325 | 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 | −0.3207% | 1h | 0.2018 | +0.064% | $42K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0792% | 1h | 0.2023 | +0.312% | $152K | $263K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0011% | 1h | 0.2021 | +0.234% | $997K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USDlong | L +0.0006% / S −0.0004% | 1h | 0.2017 | long leg | $20K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.332% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2018 | +0.053% | $188K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2016 | −0.035% | $2.7M | $12.7M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2017 | +0.015% | $10.5M | $18.1M | 50x | as long as short |
| Variational Omni FETshort | +0.0100% | 8h | 0.2020 | +0.169% | $281K | $510K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2017 | +0.015% | $36K | $11K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0128% | 1h | 0.2017 | +0.012% | $37K | $203K | 10x | as long as short |
| MEXC FET_USDT | +0.0131% | 8h | 0.2017 | +0.015% | $29.8M | $25.0M | 200x | as long as short |
| Binance FETUSDT | +0.0131% | 8h | 0.2018 | +0.064% | $30.8M | $112.7M | 75x | as long as short |
| Bitget FETUSDT | +0.0167% | 8h | 0.2018 | +0.064% | $16.3M | $11.6M | 75x | as long as short |
| BingX FET-USDT | +0.0173% | 8h | 0.2017 | +0.015% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2018 | +0.054% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0252% | 8h | 0.2022 | +0.263% | $1.7M | $3.3M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0316% | 4h | 0.2019 | +0.114% | $1.0M | $8.0M | 20x | as long as short |
| Phoenix FET | +0.0597% | 1h | 0.2019 | +0.099% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0636% | 1h | 0.2019 | +0.109% | $8.5M | $8.4M | 5x | as long as short |
Extended FET-USD
MEXC FET_USDT
Binance FETUSDT
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET