Funding you earn now, next payment 05:00 UTC−0.0351%/8h= −38.5% APRpaid last 24h −0.044%
Price spread now: gTrade (Gains Network) against OKX−0.179%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$11 a day on $10k at the current rate, and gTrade (Gains Network) is 0.179% cheaper against OKX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2004 | 0.0362 | pay 0.0181% / 4h | 3h 30m | $1.0M | $8.1M | 20x |
| Short | gTrade (Gains Network) FET/USD | 0.2000 | L +0.0006% / S −0.0011% | get 0.0001% / 1h | 30m 34s | $33K | — | 150x |
OKX FET-USDT-SWAP
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against OKX. 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
- −$73.75
- Price spread: −0.179% → 0.000%
- −$17.86
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$111.61
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 5.01 bp | 20.1 bp −$20 | 62.2 bp −$622 | 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 | −0.4225% | 1h | 0.2002 | −0.100% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1192% | 1h | 0.1998 | −0.299% | $148K | $256K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0366% | 1h | 0.2004 | +0.010% | $980K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0011% | 1h | 0.2000 | −0.179% | $33K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.299% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2002 | −0.103% | $193K | $807K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2003 | −0.050% | $30.6M | $113.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2002 | −0.100% | $2.7M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2003 | −0.050% | $30.4M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2003 | −0.050% | $10.4M | $18.7M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
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 | 0.2003 | −0.042% | $274K | $478K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2002 | −0.100% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2004 | +0.002% | $33K | $253K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2001 | −0.166% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2002 | −0.100% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0246% | 8h | 0.2004 | 0.000% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0258% | 8h | 0.2005 | +0.050% | $16.2M | $11.9M | 75x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0362% | 4h | 0.2004 | long leg | $1.0M | $8.1M | 20x | |
| Phoenix FET | +0.0435% | 1h | 0.1996 | −0.419% | $35K | $38K | 5x | as long as short |
| Hyperliquid FET | +0.0688% | 1h | 0.2004 | −0.005% | $8.6M | $8.4M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET
Hyperliquid FET