Funding you earn now, next payment 04:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.026%
Price spread now: Aster against GMX+0.026%7-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
=The price spread pays, funding is against you. Aster is 0.026% dearer against GMX than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FET/USD [ETH-USDC] | 0.2026 | L +0.0201% / S −0.0278% | pay 0.0025% / 1h | 31m 22s | $14K | — | 100x |
| Short | Aster FETUSDT | 0.2026 | 0.0100 | get 0.0100% / 8h | 4h 31m | $202K | $805K | 10x |
GMX FET/USD [ETH-USDC]
Aster FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$21.3
- Price spread: +0.026% → 0.000%
- $2.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.68
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 26 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 26 min ago | 12.21 bp | 31.1 bp −$31 | 292.1 bp −$2,921 | doesn't fit | doesn't fit |
GMX: 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 | −0.3195% | 1h | 0.2025 | −0.027% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2025 | −0.027% | $147K | $239K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0453% | 1h | 0.2027 | +0.080% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2026 | +0.035% | $34K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.767% | $3K | $166K | 12x | as long as short |
| Aster FETUSDTshort | +0.0100% | 8h | 0.2026 | +0.026% | $202K | $805K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2028 | +0.121% | $31.2M | $113.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2026 | +0.023% | $2.7M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2029 | +0.171% | $31.3M | $24.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2028 | +0.121% | $10.7M | $18.9M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Binance FETUSDT
Gate FET_USDT
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 | 0.2005 | −1.007% | $336K | $423K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2026 | +0.023% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2029 | +0.151% | $33K | $254K | 10x | as long as short |
| Hyperliquid FET | +0.0145% | 1h | 0.2029 | +0.156% | $8.8M | $8.5M | 5x | as long as short |
| GMX FET/USD [ETH-USDC]long | L +0.0201% / S −0.0278% | 1h | 0.2026 | long leg | $14K | — | 100x | |
| OKX FET-USDT-SWAP | +0.0215% | 4h | 0.2031 | +0.270% | $1.0M | $8.3M | 20x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2018 | −0.372% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0290% | 8h | 0.2028 | +0.121% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0300% | 8h | 0.2029 | +0.171% | $16.4M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2023 | −0.106% | $35K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
Hyperliquid FET
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET