Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.6% APRnext payment +$1.70 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Gate+0.099%108s7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.099%, 7d avg +0.124%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread +0.099% now, against its 7-day average of +0.124%). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$5 a day). The two prices were read 108 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 | Gate FET_USDT | 0.2018 | 0.0050 | pay 0.0050% / 8h | 6h 47m | $2.7M | $12.1M | 50x |
| Short | BloFin FET-USDT | 0.2020 | 0.0220 | get 0.0220% / 8h | 6h 47m | $1.7M | $2.8M | 100x |
Gate FET_USDT
BloFin FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $35.7
- Price spread: +0.099% → +0.124%
- −$2.49
- Slippage, 4 orders
- −$31.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.06
- Costs to cover
- 0.583%
- Break-even
- 11.9 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 6 min ago.
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 Gate live order book, 1 min ago | 2.48 bp | 16.1 bp −$16 | 39.6 bp −$396 | 54.9 bp −$5,493 | 115.0 bp −$57.5K |
| Sell BloFin live order book, 6 min ago | 7.41 bp | 13.6 bp −$14 | 34.9 bp −$349 | 156.1 bp −$15.6K | doesn't fit |
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 | −0.5177% | 1h | 0.2016 | −0.099% | $29K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2028 | +0.496% | $148K | $215K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0743% | 1h | 0.2019 | +0.061% | $981K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2019 | +0.034% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.396% | $3K | $166K | 12x | as long as short |
| Gate FET_USDTlong | +0.0050% | 8h | 0.2018 | long leg | $2.7M | $12.1M | 50x | |
| Hyperliquid FET | +0.0100% | 1h | 0.2020 | +0.099% | $9.0M | $8.3M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2017 | −0.045% | $307K | $577K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2017 | −0.030% | $31.3M | $112.1M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2015 | −0.149% | $31.2M | $24.8M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2019 | +0.050% | $10.6M | $19.2M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | +0.257% | $354K | $401K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2016 | −0.099% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2018 | +0.010% | $33K | $247K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0152% | 4h | 0.2019 | +0.050% | $999K | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2016 | −0.097% | $13K | — | 100x | as long as short |
| BloFin FET-USDTshort | +0.0220% | 8h | 0.2020 | +0.099% | $1.7M | $2.8M | 100x | |
| BingX FET-USDT | +0.0287% | 8h | 0.2020 | +0.099% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0309% | 8h | 0.2019 | +0.050% | $16.2M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2026 | +0.396% | $35K | $43K | 5x | as long as short |
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
Phoenix FET