Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.008%
Price spread now: Gate against Variational Omni−0.011%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.273%−$27 · spread now −0.011%, 7d avg −0.079%
=Together, before fees−0.281%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.068% dearer against Variational Omni than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.079%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days. At the pace of the last 3 days (−0.008% in total) that is about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FET | 0.2046 | 0.0100 | pay 0.0100% / 8h | 51m 56s | $289K | $327K | — |
| Short | Gate FET_USDT | 0.2046 | 0.0069 | get 0.0069% / 8h | 51m 56s | $2.8M | $12.0M | 50x |
Variational Omni FET
Gate FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Variational Omni. 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
- −$6.51
- Price spread: −0.011% → −0.079%
- $6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$14.69
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Gate: live order book, 2 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 Variational Omni RFQ quote, 27 min ago | 7.45 bp | doesn't fit | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.88 bp | 17.6 bp −$18 | 44.7 bp −$447 | 89.8 bp −$8,976 | doesn't fit |
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 | −0.3158% | 1h | 0.2047 | +0.038% | $28K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2051 | +0.233% | $153K | $205K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0476% | 1h | 0.2049 | +0.117% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2047 | +0.020% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.770% | $3K | $166K | 12x | as long as short |
| Gate FET_USDTshort | +0.0069% | 8h | 0.2046 | −0.011% | $2.8M | $12.0M | 50x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2048 | +0.102% | $342K | $540K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2049 | +0.122% | $32.0M | $108.0M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2050 | +0.185% | $34.6M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2047 | +0.038% | $10.6M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FETlong | +0.0100% | 8h | 0.2046 | long leg | $289K | $327K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2045 | −0.060% | $38K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2050 | +0.174% | $34K | $190K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2046 | −0.003% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2049 | +0.136% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0321% | 8h | 0.2049 | +0.136% | — | $5.6M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0321% | 4h | 0.2054 | +0.380% | $998K | $7.8M | 20x | as long as short |
| Bitget FETUSDT | +0.0339% | 8h | 0.2051 | +0.233% | $16.5M | $11.4M | 75x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2048 | +0.101% | $36K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0997% | 1h | 0.2049 | +0.150% | $9.1M | $7.9M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Phoenix FET
Hyperliquid FET