Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.061%
Price spread now: Injective against Gate+1.107%84s7-day average −0.491% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 4 days (all we have)−1.772%−$177 · spread now +1.107%, 7d avg −0.491%
=The price spread pays, funding is against you. Injective is 1.598% dearer against Gate than usual: you sell high and buy low (spread +1.107% now, against its 7-day average of −0.491%): +$160 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.309%, so the current rate has only just turned against you. The two prices were read 84 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 | 0.2077 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $3.2M | $12.2M | 50x |
| Short | Injective FET/USDC PERP | 0.2100 | 0.0033 | get 0.0004% / 1h | 9m 52s | $2K | $166K | 12x |
Gate FET_USDT
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.107% → −0.491%
- $159.81
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $130.79
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 min ago; Injective: 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 Gate live order book, 2 min ago | 2.41 bp | 19.0 bp −$19 | 41.9 bp −$419 | 54.5 bp −$5,447 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.3589% | 1h | 0.2076 | −0.048% | $34K | $311K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1968% | 1h | 0.2076 | −0.048% | $146K | $274K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0238% | 1h | 0.2080 | +0.122% | $1.0M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0003% | 1h | 0.2074 | −0.130% | $10K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2100 | +1.107% | $2K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2078 | +0.048% | $161K | $748K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2078 | +0.048% | $31.7M | $106.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2079 | +0.096% | $928K | $7.3M | 20x | as long as short |
| Gate FET_USDTlong | +0.0100% | 8h | 0.2077 | long leg | $3.2M | $12.2M | 50x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.2077 | 0.000% | $29.0M | $25.7M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
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 | 0.2077 | 0.000% | $10.9M | $16.6M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2078 | +0.048% | $16.4M | $11.6M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2077 | 0.000% | — | $5.8M | — | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2074 | −0.148% | $307K | $617K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2074 | −0.144% | $37K | $12K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2077 | +0.013% | $34K | $257K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0211% / S −0.0364% | 1h | 0.2074 | −0.137% | $15K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2075 | −0.096% | $1.8M | $3.1M | 100x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2074 | −0.159% | $37K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0930% | 1h | 0.2079 | +0.077% | $10.0M | $7.8M | 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