Funding you earn now, next payment 06:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.002%
Price spread now: Bitget against Injective−0.498%7-day average +0.625% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)+1.162%+$116 · spread now −0.498%, 7d avg +0.625%
=Funding pays, the price is against you. Bitget is 1.122% cheaper against Injective than usual: you would sell low and buy high (spread −0.498% now, against its 7-day average of +0.625%). If the spread goes back, that is −$112 on $10k: about 23 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FET/USDC PERP | 0.2010 | 0.0033 | pay 0.0004% / 1h | 15m 14s | $3K | $166K | 12x |
| Short | Bitget FETUSDT | 0.2000 | 0.0194 | get 0.0194% / 8h | 2h 15m | $16.2M | $11.9M | 75x |
Injective FET/USDC PERP
Bitget FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- $33.74
- Price spread: −0.498% → +0.625%
- −$112.24
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$90.52
- Costs to cover
- 0.120%
- Break-even
- 25.8 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 4.99 bp | 16.3 bp −$16 | 37.0 bp −$370 | doesn't fit | doesn't fit |
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 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 | −0.1248% | 1h | 0.2000 | −0.498% | $41K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1991 | −0.945% | $149K | $259K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1999 | −0.547% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2001 | −0.446% | $190K | $817K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2001 | −0.456% | $30.5M | $114.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2001 | −0.448% | $2.6M | $12.8M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2003 | −0.348% | $30.3M | $25.2M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2004 | −0.299% | $10.5M | $18.4M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2004 | −0.290% | $274K | $480K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1999 | −0.547% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2000 | −0.516% | $33K | $202K | 10x | as long as short |
| BingX FET-USDT | +0.0193% | 8h | 0.2003 | −0.348% | — | $6.0M | — | as long as short |
| Bitget FETUSDTshort | +0.0194% | 8h | 0.2000 | −0.498% | $16.2M | $11.9M | 75x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2001 | −0.423% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2005 | −0.249% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0412% | 4h | 0.2000 | −0.498% | $982K | $8.2M | 20x | as long as short |
| Kraken Futures PF_FETUSD | +0.0459% | 1h | 0.2001 | −0.448% | $1.0M | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.2005 | −0.269% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0801% | 1h | 0.2005 | −0.249% | $8.5M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET