Funding you earn now, next payment 03:00 UTC+0.2199%/8h= +240.8% APRnext payment +$2.75 per $10,000 · paid last 24h +0.493%
Price spread now: gTrade (Gains Network) against Deribit−0.158%53s7-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
Funding pays, the price is against you. gTrade (Gains Network) is 0.158% cheaper against Deribit than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6 hours of funding at the current rate (+$66 a day). The two prices were read 53 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 | Deribit FET_USDC-PERPETUAL | 0.2049 | −0.2184 | get 0.0273% / 1h | 29m 30s | $30K | $230K | 10x |
| Short | gTrade (Gains Network) FET/USD | 0.2046 | L +0.0006% / S −0.0015% | get 0.0002% / 1h | 29m 30s | $23K | — | 150x |
Deribit FET_USDC-PERPETUAL
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. 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
- $461.87
- Price spread: −0.158% → 0.000%
- −$15.81
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $429.05
- Costs to cover
- 0.170%
- Break-even
- 0.5 days
Slippage unknown: Deribit: live order book, 34 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 Deribit live order book, 34 min ago | 4.92 bp | 8.4 bp −$8 | doesn't fit | 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-PERPETUALlong | −0.2184% | 1h | 0.2049 | long leg | $30K | $230K | 10x | |
| Coinbase International FET-PERP-INTX | −0.0872% | 1h | 0.2054 | +0.244% | $150K | $228K | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0015% | 1h | 0.2046 | −0.158% | $23K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.903% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2047 | −0.118% | $214K | $772K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2047 | −0.098% | $31.7M | $111.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2047 | −0.098% | $2.8M | $12.3M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2048 | −0.049% | $30.6M | $24.2M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2049 | 0.000% | $10.8M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2049 | +0.004% | $343K | $424K | — | as long as short |
Coinbase International FET-PERP-INTX
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2045 | −0.195% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2046 | −0.167% | $35K | $249K | 10x | as long as short |
| Kraken Futures PF_FETUSD | +0.0114% | 1h | 0.2051 | +0.083% | $993K | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2046 | −0.171% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2051 | +0.098% | $1.7M | $2.9M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0277% | 4h | 0.2048 | −0.049% | $1.0M | $8.2M | 20x | as long as short |
| BingX FET-USDT | +0.0394% | 8h | 0.2047 | −0.098% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0415% | 8h | 0.2049 | 0.000% | $16.6M | $11.8M | 75x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2052 | +0.142% | $36K | $39K | 5x | as long as short |
| Hyperliquid FET | +0.0737% | 1h | 0.2051 | +0.078% | $9.0M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Phoenix FET
Hyperliquid FET