Funding you earn now, next payment 09:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against KuCoin−0.407%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.407% cheaper against KuCoin than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2108 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $11.0M | $17.6M | 50x |
| Short | gTrade (Gains Network) FET/USD | 0.2099 | L +0.0006% / S −0.0004% | get 0.0000% / 1h | 1m 24s | $21K | — | 150x |
KuCoin FETUSDTM
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against KuCoin. 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
- −$20.22
- Price spread: −0.407% → 0.000%
- −$40.65
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$82.88
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 4.77 bp | 30.1 bp −$30 | 78.4 bp −$784 | 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 | −0.3061% | 1h | 0.2107 | −0.047% | $43K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0736% | 1h | 0.2109 | +0.047% | $145K | $282K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0292% | 1h | 0.2111 | +0.147% | $1.1M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0004% | 1h | 0.2099 | −0.407% | $21K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2100 | −0.380% | $2K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2108 | 0.000% | $193K | $763K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2108 | 0.000% | $1.1M | $8.0M | 20x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2107 | −0.047% | $2.9M | $12.6M | 50x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2108 | long leg | $11.0M | $17.6M | 50x | |
| Bitget FETUSDT | +0.0100% | 8h | 0.2110 | +0.095% | $17.3M | $11.5M | 75x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
OKX FET-USDT-SWAP
Gate FET_USDT
Bitget FETUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2100 | −0.372% | $306K | $577K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2107 | −0.047% | $37K | $12K | 10x | as long as short |
| Binance FETUSDT | +0.0101% | 8h | 0.2107 | −0.038% | $32.2M | $111.2M | 75x | as long as short |
| MEXC FET_USDT | +0.0103% | 8h | 0.2107 | −0.047% | $30.8M | $25.7M | 200x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2106 | −0.076% | $32K | $203K | 10x | as long as short |
| BingX FET-USDT | +0.0118% | 8h | 0.2107 | −0.047% | — | $5.6M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0203% / S −0.0301% | 1h | 0.2106 | −0.079% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0227% | 8h | 0.2101 | −0.332% | $1.8M | $3.5M | 100x | as long as short |
| Phoenix FET | +0.0594% | 1h | 0.2102 | −0.266% | $36K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0771% | 1h | 0.2111 | +0.128% | $9.3M | $7.8M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Binance FETUSDT
MEXC FET_USDT
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET