Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.050%
Price spread now: Injective against Gate−1.951%7-day average −0.547% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.260%+$26 on $10k
+Price spread, last 3 days (all we have)+1.140%+$114 · spread now −1.951%, 7d avg −0.547%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.404% cheaper against Gate than usual: you would sell low and buy high (−$140 if the spread goes back to its 7-day average of −0.547%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.260%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FET_USDT | 0.2050 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $2.8M | $12.3M | 50x |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0033 | get 0.0004% / 1h | 21m 00s | $3K | $166K | 12x |
Gate FET_USDT
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.951% → −0.547%
- −$140.4
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$169.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Injective: no order-book sample. 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 Gate live order book, 3 min ago | 2.43 bp | 16.0 bp −$16 | 34.3 bp −$343 | 57.8 bp −$5,776 | 113.9 bp −$57.0K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.3635% | 1h | 0.2051 | +0.049% | $29K | $223K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1260% | 1h | 0.2053 | +0.171% | $998K | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2048 | −0.098% | $150K | $213K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2051 | +0.067% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2010 | −1.951% | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2053 | +0.122% | $340K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2050 | 0.000% | $32.1M | $110.7M | 75x | as long as short |
| Gate FET_USDTlong | +0.0100% | 8h | 0.2050 | long leg | $2.8M | $12.3M | 50x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.2050 | 0.000% | $34.9M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2053 | +0.146% | $10.9M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
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 | 0.2051 | +0.057% | $361K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2050 | 0.000% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2050 | +0.020% | $34K | $248K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2051 | +0.031% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2051 | +0.049% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0295% | 8h | 0.2051 | +0.049% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0307% | 8h | 0.2053 | +0.146% | $16.5M | $11.6M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0307% | 4h | 0.2054 | +0.195% | $1.0M | $8.2M | 20x | as long as short |
| Hyperliquid FET | +0.0449% | 1h | 0.2053 | +0.141% | $9.2M | $8.3M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2060 | +0.498% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET