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+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.005%
Price spread now: Orderly against Gate−0.049%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FET_USDT0.20350.0054pay 0.0054% / 8h34m 43s$2.8M$12.1M50x
ShortOrderly PERP_FET_USDC0.20340.0100get 0.0100% / 8h34m 43s$38K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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
$9.66
Price spread: −0.049% → 0.000%
−$4.91
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.25
Costs to cover
0.210%
Break-even
18.8 days
Slippage unknown: Gate: live order book, 4 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago2.45 bp16.1 bp −$1640.5 bp −$40567.5 bp −$6,750128.2 bp −$64.1K
Sell Orderly no order-book sample
Orderly: 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−0.2690%1h0.20350.000%$28K$200K10xas long as short
Coinbase International FET-PERP-INTX−0.0728%1h0.2055+0.983%$154K$205K50xas long as short
Kraken Futures PF_FETUSD−0.0479%1h0.2037+0.091%$1.0M$2.2M50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0013%1h0.2035−0.015%$32K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−1.229%$3K$166K12xas long as short
Gate FET_USDTlong+0.0054%8h0.2035long leg$2.8M$12.1M50x
Aster FETUSDT+0.0100%8h0.2038+0.147%$340K$543K10xas long as short
Binance FETUSDT+0.0100%8h0.2039+0.197%$31.8M$108.6M75xas long as short
MEXC FET_USDT+0.0100%8h0.2038+0.147%$34.4M$25.0M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2039+0.197%$10.6M$19.1M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2037+0.111%$298K$339Kas long as short
Orderly PERP_FET_USDCshort+0.0100%8h0.2034−0.049%$38K$5K10x
Extended FET-USD+0.0104%1h0.2037+0.105%$34K$190K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2033−0.076%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2038+0.147%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0311%8h0.2037+0.098%$5.6Mas long as short
Bitget FETUSDT+0.0320%8h0.2040+0.246%$16.5M$11.5M75xas long as short
OKX FET-USDT-SWAP+0.0320%4h0.2041+0.295%$988K$7.8M20xas long as short
Phoenix FET+0.0508%1h0.2041+0.280%$36K$45K5xas long as short
Hyperliquid FET+0.0625%1h0.2041+0.275%$9.0M$8.0M5xas long as short