Funding you earn now, next payment 11:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.031%
Price spread now: Binance against gTrade (Gains Network)+0.178%142s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.178% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 142 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 | gTrade (Gains Network) FET/USD | 0.2080 | L +0.0006% / S −0.0003% | pay 0.0001% / 1h | 50m 58s | $10K | — | 150x |
| Short | Binance FETUSDT | 0.2084 | 0.0100 | get 0.0100% / 8h | 5h 50m | $32.2M | $111.1M | 75x |
gTrade (Gains Network) FET/USD
Binance FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against gTrade (Gains Network). 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
- $19.83
- Price spread: +0.178% → 0.000%
- $17.83
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $17.67
- Costs to cover
- 0.200%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 15 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 2.37 bp | 10.3 bp −$10 | 21.8 bp −$218 | 126.8 bp −$12.7K | doesn't fit |
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 exchanges
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 | −0.5955% | 1h | 0.2082 | +0.082% | $34K | $334K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.2077 | −0.158% | $147K | $270K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.1150% | 1h | 0.2086 | +0.269% | $1.0M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FET/USDlong | L +0.0006% / S −0.0003% | 1h | 0.2080 | long leg | $10K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2100 | +0.947% | $2K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2083 | +0.135% | $162K | $746K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2084 | +0.178% | $32.2M | $111.1M | 75x | |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2084 | +0.178% | $1.1M | $7.7M | 20x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2082 | +0.082% | $2.9M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2083 | +0.130% | $30.2M | $25.4M | 200x | 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
MEXC FET_USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2085 | +0.226% | $11.1M | $17.3M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2084 | +0.178% | $16.6M | $12.2M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2083 | +0.130% | — | $5.8M | — | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2086 | +0.273% | $314K | $562K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2081 | +0.034% | $37K | $13K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2083 | +0.144% | $39K | $220K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0302% | 1h | 0.2076 | −0.199% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2081 | +0.034% | $1.8M | $3.3M | 100x | as long as short |
| Phoenix FET | +0.0418% | 1h | 0.2082 | +0.101% | $36K | $36K | 5x | as long as short |
| Hyperliquid FET | +0.0532% | 1h | 0.2087 | +0.303% | $9.3M | $7.7M | 5x | as long as short |
KuCoin FETUSDTM
Bitget FETUSDT
BingX FET-USDT
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET