FET

Alert

Funding spread now, next payment 19:00 UTC+0.0583%/8h

next payment, per $10,000+$0.73paid, last 24h−0.100%paid, last 3 days+0.080%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.080% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_FETUSD	0.2017	−0.0311	get 0.0039% / 1h	0m 41s	$1.0M	$2.1M	50x
Short	GMX FET/USD [ETH-USDC]	0.2013	L +0.0201% / S −0.0272%	get 0.0034% / 1h	0m 41s	$14K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersRate

Funding earned: $122.4
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $100.4
Break-even: 1.3 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.191%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures live order book, 4 min ago	10.45 bp	18.9 bp −$19	35.0 bp −$350	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit FET_USDC-PERPETUAL	−0.1237%	1h	$16K	$219K	10x	as long as short
Kraken Futures PF_FETUSDlong	−0.0311%	1h	$1.0M	$2.1M	50x
Coinbase International FET-PERP-INTX	0.0000%	1h	$181K	$164K	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0012%	1h	$32K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	$3K	$67K	12x	as long as short
Orderly PERP_FET_USDC	+0.0081%	8h	$37K	$2K	10x	as long as short
Gate FET_USDT	+0.0092%	8h	$2.8M	$11.8M	50x	as long as short
Aster FETUSDT	+0.0100%	8h	$341K	$524K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	$31.6M	$106.1M	75x	as long as short
OKX FET-USDT-SWAP	+0.0100%	4h	$845K	$7.4M	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC FET_USDT	+0.0100%	8h	$36.5M	$23.9M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	$10.4M	$17.8M	50x	as long as short
Bitget FETUSDT	+0.0100%	8h	$16.3M	$11.3M	75x	as long as short
BingX FET-USDT	+0.0100%	8h	—	$5.3M	—	as long as short
Variational Omni FET	+0.0100%	8h	$274K	$289K	—	as long as short
Extended FET-USD	+0.0104%	1h	$32K	$144K	10x	as long as short
Hyperliquid FET	+0.0153%	1h	$9.1M	$7.0M	5x	as long as short
GMX FET/USD [ETH-USDC]short	L +0.0201% / S −0.0272%	1h	$14K	—	100x
BloFin FET-USDT	+0.0220%	8h	$1.7M	$2.5M	100x	as long as short
Phoenix FET	+0.0446%	1h	$27K	$53K	5x	as long as short