FET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.008%

Price spread now: Variational Omni against Gate−0.577%7-day average +0.079% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.860%+$86 · spread now −0.577%, 7d avg +0.079%

Together, before fees+0.868%+ Points / potential airdropVariational Omni: Active · farm board+$87 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.656% cheaper against Gate than usual: you would sell low and buy high (spread −0.577% now, against its 7-day average of +0.079%). If the spread goes back, that is −$66 on $10k: about 3 months of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.008% in total) that is about 9 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate FET_USDT	0.2041	0.0076	pay 0.0076% / 8h	1h 01m	$2.8M	$12.1M	50x
Short	Variational Omni FET	0.2029	0.0100	get 0.0100% / 8h	1h 01m	$285K	$327K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.577%Rate

Funding earned: $5.04
Price spread: −0.577% → +0.079%: −$65.6
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$75.56
Costs to cover: 0.150%
Break-even: 111.9 days

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 17 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 Gate live order book, 2 min ago	2.45 bp	16.5 bp −$16	39.1 bp −$391	55.3 bp −$5,529	doesn't fit
Sell Variational Omni RFQ quote, 17 min ago	7.45 bp	doesn't fit	32.3 bp −$323	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	−0.3166%	1h	0.2042	+0.049%	$28K	$200K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0744%	1h	0.2043	+0.098%	$153K	$204K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0012%	1h	0.2041	−0.014%	$32K	—	150x	as long as short
Gate FET_USDTlong	+0.0076%	8h	0.2041	long leg	$2.8M	$12.1M	50x
Aster FETUSDT	+0.0100%	8h	0.2041	−0.002%	$341K	$540K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2040	−0.069%	$31.9M	$107.8M	75x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2039	−0.098%	$34.9M	$25.2M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2041	0.000%	$10.7M	$19.1M	50x	as long as short
Variational Omni FETshort	+0.0100%	8h	0.2029	−0.577%	$285K	$327K	—
Orderly PERP_FET_USDC	+0.0100%	8h	0.2041	0.000%	$38K	$5K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended FET-USD	+0.0104%	1h	0.2043	+0.078%	$34K	$190K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2041	+0.002%	$14K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2040	−0.049%	$1.7M	$2.7M	100x	as long as short
OKX FET-USDT-SWAP	+0.0234%	4h	0.2044	+0.147%	$986K	$7.8M	20x	as long as short
BingX FET-USDT	+0.0317%	8h	0.2042	+0.049%	—	$5.6M	—	as long as short
Bitget FETUSDT	+0.0335%	8h	0.2044	+0.147%	$16.5M	$11.5M	75x	as long as short
Hyperliquid FET	+0.0338%	1h	0.2043	+0.108%	$9.0M	$7.9M	5x	as long as short
Kraken Futures PF_FETUSD	+0.0354%	1h	0.2045	+0.181%	$1.0M	$2.2M	50x	as long as short
Injective FET/USDC PERP	+0.0553%	1h	0.2010	−1.519%	$3K	$166K	12x	as long as short
Phoenix FET	+0.0599%	1h	0.2029	−0.563%	$35K	$36K	5x	as long as short