FET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.011%

Price spread now: MEXC against Gate+0.099%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.099%, 7d avg +0.018%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.081% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate FET_USDT	0.2018	0.0077	pay 0.0077% / 8h	6h 43m	$2.7M	$12.2M	50x
Short	MEXC FET_USDT	0.2020	0.0100	get 0.0100% / 8h	6h 43m	$31.3M	$24.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.099%Rate

Funding earned: $4.83
Price spread: +0.099% → +0.018%: $8.09
Slippage, 4 orders: −$26.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$29.07
Costs to cover: 0.420%
Break-even: 49.1 days

Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 10 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, 5 min ago	2.48 bp	16.1 bp −$16	39.6 bp −$396	54.9 bp −$5,493	115.0 bp −$57.5K
Sell MEXC live order book, 10 min ago	2.48 bp	5.1 bp −$5	12.3 bp −$123	71.7 bp −$7,167	211.6 bp −$105.8K

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	−0.4681%	1h	0.2018	0.000%	$29K	$231K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0760%	1h	0.2015	−0.149%	$147K	$215K	50x	as long as short
Kraken Futures PF_FETUSD	−0.0742%	1h	0.2021	+0.125%	$983K	$2.2M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0023%	1h	0.2015	−0.161%	$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	+0.0077%	8h	0.2018	long leg	$2.7M	$12.2M	50x
Aster FETUSDT	+0.0100%	8h	0.2017	−0.053%	$307K	$577K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2022	+0.192%	$31.4M	$111.9M	75x	as long as short
MEXC FET_USDTshort	+0.0100%	8h	0.2020	+0.099%	$31.3M	$24.8M	200x
KuCoin FETUSDTM	+0.0100%	8h	0.2020	+0.099%	$10.6M	$19.2M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2016	−0.090%	$333K	$420K	—	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	0.2020	+0.120%	$33K	$247K	10x	as long as short
Hyperliquid FET	+0.0118%	1h	0.2022	+0.213%	$9.0M	$8.3M	5x	as long as short
OKX FET-USDT-SWAP	+0.0156%	4h	0.2023	+0.248%	$999K	$8.1M	20x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2014	−0.221%	$13K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2020	+0.099%	$1.7M	$2.8M	100x	as long as short
BingX FET-USDT	+0.0287%	8h	0.2021	+0.149%	—	$6.0M	—	as long as short
Bitget FETUSDT	+0.0317%	8h	0.2024	+0.297%	$16.3M	$11.7M	75x	as long as short
Phoenix FET	+0.0474%	1h	0.2019	+0.074%	$35K	$43K	5x	as long as short