Funding you earn now, next payment 23:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.010%
Price spread now: BloFin against GMX+0.102%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.102% dearer against GMX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FET/USD [ETH-USDC] | 0.2023 | L +0.0201% / S −0.0278% | pay 0.0025% / 1h | 10m 50s | $14K | — | 100x |
| Short | BloFin FET-USDT | 0.2025 | 0.0220 | get 0.0220% / 8h | 1h 10m | $1.7M | $2.6M | 100x |
GMX FET/USD [ETH-USDC]
BloFin FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.02
- Price spread: +0.102% → 0.000%
- $10.18
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.8
- Costs to cover
- 0.240%
- Break-even
- 24.1 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 2 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 BloFin live order book, 2 min ago | 7.43 bp | 20.5 bp −$21 | 31.8 bp −$318 | 140.9 bp −$14.1K | 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 | −0.3197% | 1h | 0.2024 | +0.052% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2024 | +0.052% | $151K | $202K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2024 | +0.058% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0069% | 8h | 0.2022 | −0.046% | $2.7M | $12.0M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2023 | +0.001% | $344K | $535K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2024 | +0.031% | $31.6M | $107.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2023 | +0.003% | $34.6M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2024 | +0.052% | $10.5M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2019 | −0.183% | $274K | $317K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2022 | −0.046% | $37K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2023 | +0.007% | $34K | $190K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0184% | 4h | 0.2027 | +0.201% | $873K | $7.6M | 20x | as long as short |
| GMX FET/USD [ETH-USDC]long | L +0.0201% / S −0.0278% | 1h | 0.2023 | long leg | $14K | — | 100x | |
| BloFin FET-USDTshort | +0.0220% | 8h | 0.2025 | +0.102% | $1.7M | $2.6M | 100x | |
| Hyperliquid FET | +0.0249% | 1h | 0.2026 | +0.166% | $8.9M | $7.9M | 5x | as long as short |
| BingX FET-USDT | +0.0317% | 8h | 0.2025 | +0.102% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0331% | 8h | 0.2025 | +0.102% | $16.4M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0358% | 1h | 0.2025 | +0.078% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.640% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2019 | −0.200% | $35K | $36K | 5x | as long as short |
Extended FET-USD
OKX FET-USDT-SWAP
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET