Funding you earn now, next payment 03:00 UTC−0.0365%/8h= −40.0% APRpaid last 24h −0.047%
Price spread now: gTrade (Gains Network) against Bitget−0.194%45s7-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 0.194% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Bitget FETUSDT | 0.2068 | 0.0380 | pay 0.0380% / 8h | 5h 10m | $16.8M | $11.8M | 75x |
| Short | gTrade (Gains Network) FET/USD | 0.2064 | L +0.0006% / S −0.0015% | get 0.0002% / 1h | 10m 39s | $23K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bitget. 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
- −$76.63
- Price spread: −0.194% → 0.000%
- −$19.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$118.02
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 2.43 bp | 17.3 bp −$17 | 35.7 bp −$357 | 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 | −0.2649% | 1h | 0.2064 | −0.193% | $39K | $294K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0872% | 1h | 0.2065 | −0.145% | $152K | $232K | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0015% | 1h | 0.2064 | −0.194% | $23K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.805% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2067 | −0.048% | $216K | $780K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2066 | −0.090% | $32.1M | $112.2M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2066 | −0.097% | $2.8M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2065 | −0.145% | $30.9M | $24.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2066 | −0.097% | $10.9M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2063 | −0.237% | $345K | $424K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2064 | −0.193% | $39K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2068 | −0.015% | $34K | $246K | 10x | as long as short |
| Kraken Futures PF_FETUSD | +0.0113% | 1h | 0.2068 | −0.023% | $1.0M | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2064 | −0.198% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2070 | +0.097% | $1.8M | $3.0M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0251% | 4h | 0.2068 | 0.000% | $1.1M | $8.3M | 20x | as long as short |
| BingX FET-USDT | +0.0372% | 8h | 0.2068 | 0.000% | — | $6.0M | — | as long as short |
| Bitget FETUSDTlong | +0.0380% | 8h | 0.2068 | long leg | $16.8M | $11.8M | 75x | |
| Hyperliquid FET | +0.0491% | 1h | 0.2068 | −0.010% | $9.1M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2058 | −0.479% | $36K | $39K | 5x | as long as short |
Bitget FETUSDT
gTrade (Gains Network) FET/USD
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Hyperliquid FET
Phoenix FET