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

FET

all FET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against KuCoin−0.092%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.092% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FETUSDTM0.20440.0100pay 0.0100% / 8h7h 47m$10.8M$19.2M50x
ShortgTrade (Gains Network) FET/USD0.2042L +0.0006% / S −0.0013%get 0.0002% / 1h47m 16s$32K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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
−$18.35
Price spread: −0.092% → 0.000%
−$9.25
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$49.59
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; 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 KuCoin live order book, 2 min ago2.45 bp32.8 bp −$3369.7 bp −$697doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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−0.2683%1h0.2040−0.196%$29K$202K10xas long as short
Kraken Futures PF_FETUSD−0.1267%1h0.2042−0.086%$988K$2.2M50xas long as short
Coinbase International FET-PERP-INTX−0.0704%1h0.2043−0.049%$151K$206K50xas long as short
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0013%1h0.2042−0.092%$32K150x
Injective FET/USDC PERP+0.0033%1h0.2010−1.663%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2042−0.091%$339K$542K10xas long as short
Binance FETUSDT+0.0100%8h0.2040−0.174%$31.9M$109.7M75xas long as short
Gate FET_USDT+0.0100%8h0.2042−0.098%$2.8M$11.9M50xas long as short
MEXC FET_USDT+0.0100%8h0.2042−0.098%$34.5M$24.7M200xas long as short
KuCoin FETUSDTMlong+0.0100%8h0.2044long leg$10.8M$19.2M50x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2042−0.089%$359K$399Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2042−0.098%$38K$6K10xas long as short
Extended FET-USD+0.0104%1h0.2042−0.075%$33K$212K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2042−0.118%$14K100xas long as short
BloFin FET-USDT+0.0220%8h0.2043−0.049%$1.7M$2.7M100xas long as short
Hyperliquid FET+0.0240%1h0.20440.000%$9.1M$8.0M5xas long as short
BingX FET-USDT+0.0286%8h0.20440.000%$5.7Mas long as short
OKX FET-USDT-SWAP+0.0300%4h0.2046+0.098%$1.0M$7.9M20xas long as short
Bitget FETUSDT+0.0303%8h0.20440.000%$16.5M$11.6M75xas long as short
Phoenix FET+0.0467%1h0.2038−0.308%$35K$45K5xas long as short