Settings8H · net · $10k
Funding arb · Price arb /

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.2% APRnext payment $0.04 per $10,000 · paid last 24h −0.046%
Price spread now: gTrade (Gains Network) against Injective+0.527%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.527% dearer against Injective than usual: you sell high and buy low (spread +0.527% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 59 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective FET/USDC PERP0.20100.0033pay 0.0004% / 1h12m 33s$3K$166K12x
ShortgTrade (Gains Network) FET/USD0.2021L +0.0006% / S −0.0004%get 0.0000% / 1h12m 33s$20K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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

Funding earned
−$6.22
Price spread: +0.527% → 0.000%
$52.69
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$36.45
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.3200%1h0.2022+0.597%$42K$313K10xas long as short
Coinbase International FET-PERP-INTX−0.0792%1h0.2025+0.746%$152K$262K50xas long as short
Kraken Futures PF_FETUSD−0.0011%1h0.2025+0.752%$1.0M$2.1M50xas long as short
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0004%1h0.2021+0.527%$20K150x
Injective FET/USDC PERPlong+0.0033%1h0.2010long leg$3K$166K12x
Aster FETUSDT+0.0100%8h0.2022+0.578%$188K$751K10xas long as short
Gate FET_USDT+0.0100%8h0.2019+0.448%$2.7M$12.8M50xas long as short
KuCoin FETUSDTM+0.0100%8h0.2021+0.547%$10.5M$17.8M50xas long as short
Variational Omni FET+0.0100%8h0.2012+0.109%$276K$524Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2022+0.597%$36K$11K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC FET_USDT+0.0132%8h0.2021+0.547%$30.0M$25.1M200xas long as short
Bitget FETUSDT+0.0132%8h0.2022+0.597%$16.5M$11.6M75xas long as short
Binance FETUSDT+0.0133%8h0.2022+0.587%$30.9M$111.7M75xas long as short
Extended FET-USD+0.0136%1h0.2021+0.551%$37K$200K10xas long as short
BingX FET-USDT+0.0138%8h0.2021+0.547%$5.9Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2011+0.029%$13K100xas long as short
BloFin FET-USDT+0.0252%8h0.2023+0.647%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0271%4h0.2022+0.597%$1.0M$8.0M20xas long as short
Phoenix FET+0.0597%1h0.2021+0.532%$35K$37K5xas long as short
Hyperliquid FET+0.0645%1h0.2024+0.677%$8.5M$8.5M5xas long as short