FET

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h −0.053%

Price spread now: gTrade (Gains Network) against GMX+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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. gTrade (Gains Network) is 0.099% dearer against GMX than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX FET/USD [ETH-USDC]	0.2031	L +0.0201% / S −0.0278%	pay 0.0025% / 1h	1m 08s	$14K	—	100x
Short	gTrade (Gains Network) FET/USD	0.2033	L +0.0006% / S −0.0022%	get 0.0003% / 1h	1m 08s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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 GMXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.099%Rate

Funding earned: −$37.56
Price spread: +0.099% → 0.000%: $9.95
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$49.61
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and 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 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	−0.4654%	1h	0.2029	−0.099%	$29K	$230K	10x	as long as short
Kraken Futures PF_FETUSD	−0.1274%	1h	0.2031	−0.003%	$986K	$2.2M	50x	as long as short
Coinbase International FET-PERP-INTX	−0.0704%	1h	0.2038	+0.344%	$149K	$213K	50x	as long as short
gTrade (Gains Network) FET/USDshort	L +0.0006% / S −0.0022%	1h	0.2033	+0.099%	$21K	—	150x
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−1.034%	$3K	$166K	12x	as long as short
Gate FET_USDT	+0.0039%	8h	0.2027	−0.197%	$2.8M	$12.5M	50x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2029	−0.091%	$337K	$577K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2027	−0.174%	$31.6M	$111.3M	75x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2028	−0.148%	$33.0M	$25.2M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2029	−0.099%	$10.8M	$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	0.2032	+0.056%	$356K	$401K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2027	−0.197%	$38K	$7K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2028	−0.135%	$34K	$244K	10x	as long as short
OKX FET-USDT-SWAP	+0.0192%	4h	0.2029	−0.099%	$1.0M	$8.1M	20x	as long as short
GMX FET/USD [ETH-USDC]long	L +0.0201% / S −0.0278%	1h	0.2031	long leg	$14K	—	100x
BloFin FET-USDT	+0.0220%	8h	0.2033	+0.098%	$1.7M	$2.6M	100x	as long as short
BingX FET-USDT	+0.0269%	8h	0.2028	−0.148%	—	$5.7M	—	as long as short
Bitget FETUSDT	+0.0278%	8h	0.2030	−0.050%	$16.3M	$11.6M	75x	as long as short
Hyperliquid FET	+0.0315%	1h	0.2031	−0.020%	$9.1M	$8.3M	5x	as long as short
Phoenix FET	+0.0467%	1h	0.2052	+1.014%	$36K	$45K	5x	as long as short