Funding you earn now, next payment 01:00 UTC−0.0766%/8h= −83.9% APRnext payment −$0.96 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against gTrade (Gains Network)+0.295%52s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Coinbase International is 0.295% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.295% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 31 hours. The two prices were read 52 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 | 0.2026 | L +0.0006% / S −0.0015% | pay 0.0001% / 1h | 19m 24s | $23K | — | 150x |
| Short | Coinbase International FET-PERP-INTX | 0.2032 | −0.0760 | pay 0.0095% / 1h | 19m 24s | $148K | $218K | 50x |
gTrade (Gains Network) FET/USD
Coinbase International FET-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$160.88
- Price spread: +0.295% → 0.000%
- $29.47
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$151.42
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 48 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 Coinbase International live order book, 48 min ago | 7.30 bp | 57.1 bp −$57 | doesn't fit | doesn't fit | 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 19 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 | −0.4664% | 1h | 0.2025 | −0.051% | $30K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTXshort | −0.0760% | 1h | 0.2032 | +0.295% | $148K | $218K | 50x | |
| Kraken Futures PF_FETUSD | −0.0740% | 1h | 0.2027 | +0.050% | $988K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USDlong | L +0.0006% / S −0.0015% | 1h | 0.2026 | long leg | $23K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.791% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2027 | +0.051% | $260K | $718K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2028 | +0.081% | $31.4M | $112.1M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2026 | −0.001% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2027 | +0.048% | $31.7M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2027 | +0.048% | $10.6M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2030 | +0.202% | $335K | $420K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2026 | −0.001% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2025 | −0.029% | $33K | $247K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0164% | 4h | 0.2031 | +0.245% | $1.0M | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2024 | −0.113% | $14K | — | 100x | as long as short |
| Hyperliquid FET | +0.0281% | 1h | 0.2030 | +0.181% | $9.0M | $8.3M | 5x | as long as short |
| BingX FET-USDT | +0.0347% | 8h | 0.2027 | +0.048% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0367% | 8h | 0.2028 | +0.097% | $16.4M | $11.8M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2031 | +0.270% | $35K | $43K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Phoenix FET