FET

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0375%/8h= +41.0% APRnext payment +$0.47 per $10,000 · paid last 24h −0.078%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.135%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.135% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 29 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_FETUSD	0.2012	−0.0364	get 0.0046% / 1h	49m 58s	$991K	$2.2M	50x
Short	gTrade (Gains Network) FET/USD	0.2009	L +0.0006% / S −0.0011%	get 0.0001% / 1h	49m 58s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.135%Rate

Funding earned: $78.72
Price spread: −0.135% → 0.000%: −$13.49
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $45.22
Costs to cover: 0.200%
Break-even: 3.0 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 4 min ago	9.39 bp	21.0 bp −$21	59.9 bp −$599	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.4210%	1h	0.2009	−0.145%	$38K	$307K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.1192%	1h	0.2021	+0.452%	$143K	$251K	50x	as long as short
Kraken Futures PF_FETUSDlong	−0.0364%	1h	0.2012	long leg	$991K	$2.2M	50x
gTrade (Gains Network) FET/USDshort	L +0.0006% / S −0.0011%	1h	0.2009	−0.135%	$33K	—	150x
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−0.095%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2009	−0.134%	$194K	$812K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2010	−0.095%	$30.8M	$113.5M	75x	as long as short
Gate FET_USDT	+0.0100%	8h	0.2009	−0.145%	$2.7M	$12.4M	50x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2010	−0.095%	$31.2M	$24.5M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2010	−0.095%	$10.5M	$18.7M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2019	+0.359%	$278K	$477K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2008	−0.195%	$38K	$7K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2010	−0.114%	$33K	$253K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2008	−0.199%	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2020	+0.402%	$1.7M	$3.1M	100x	as long as short
BingX FET-USDT	+0.0242%	8h	0.2010	−0.095%	—	$5.9M	—	as long as short
Bitget FETUSDT	+0.0253%	8h	0.2012	+0.004%	$16.3M	$11.8M	75x	as long as short
OKX FET-USDT-SWAP	+0.0266%	4h	0.2013	+0.054%	$1.0M	$8.1M	20x	as long as short
Phoenix FET	+0.0435%	1h	0.2022	+0.491%	$35K	$38K	5x	as long as short
Hyperliquid FET	+0.0582%	1h	0.2012	+0.001%	$8.7M	$8.4M	5x	as long as short