Funding you earn now, next payment 00:00 UTC+0.0193%/8h= +21.1% APRnext payment +$1.93 per $10,000 · paid last 24h +0.008%
Price spread now: Aster against Gate+0.142%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 5 days (all we have)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.142%, 7d avg +0.099%
=Together, before fees−0.108%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.025% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FET_USDT | 0.2007 | −0.0093 | get 0.0093% / 8h | 2h 41m | $2.7M | $11.8M | 50x |
| Short | Aster FETUSDT | 0.2010 | 0.0100 | get 0.0100% / 8h | 2h 41m | $346K | $527K | 10x |
Gate FET_USDT
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $40.53
- Price spread: +0.142% → +0.099%
- $4.37
- Slippage, 4 orders
- −$67.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$45.53
- Costs to cover
- 0.904%
- Break-even
- 14.9 days
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 45 min ago.
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 Gate live order book, 2 min ago | 4.99 bp | 19.2 bp −$19 | 45.0 bp −$450 | 62.9 bp −$6,288 | 124.5 bp −$62.3K |
| Sell Aster live order book, 45 min ago | 9.86 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.3220% | 1h | 0.2010 | +0.149% | $26K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2010 | +0.149% | $160K | $188K | 50x | as long as short |
| Gate FET_USDTlong | −0.0093% | 8h | 0.2007 | long leg | $2.7M | $11.8M | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2009 | +0.091% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2013 | +0.288% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2010 | +0.142% | $346K | $527K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2004 | −0.158% | $31.3M | $107.0M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2007 | 0.000% | $856K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2006 | −0.050% | $35.2M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2008 | +0.050% | $10.4M | $19.0M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2009 | +0.075% | $273K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2007 | 0.000% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2008 | +0.038% | $32K | $144K | 10x | as long as short |
| BingX FET-USDT | +0.0123% | 8h | 0.2009 | +0.100% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0130% | 8h | 0.2010 | +0.149% | $16.4M | $11.4M | 75x | as long as short |
| Hyperliquid FET | +0.0148% | 1h | 0.2008 | +0.065% | $9.0M | $7.6M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2008 | +0.028% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2009 | +0.100% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2030 | +1.146% | $3K | $118K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2008 | +0.065% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Injective FET/USDC PERP
Phoenix FET