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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0351%/8h= −38.4% APRpaid last 24h −0.047%
Price spread now: gTrade (Gains Network) against Bitget−0.125%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 −$11 a day on $10k at the current rate, and gTrade (Gains Network) is 0.125% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FETUSDT0.20310.0366pay 0.0366% / 8h6h 20m$16.4M$11.8M75x
ShortgTrade (Gains Network) FET/USD0.2028L +0.0006% / S −0.0015%get 0.0002% / 1h20m 47s$23K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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
−$73.69
Price spread: −0.125% → 0.000%
−$12.46
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$108.15
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago2.46 bp16.9 bp −$1738.7 bp −$387doesn'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 19 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−0.4657%1h0.2028−0.148%$30K$231K10xas long as short
Coinbase International FET-PERP-INTX−0.0760%1h0.2032+0.049%$148K$218K50xas long as short
Kraken Futures PF_FETUSD−0.0738%1h0.2031−0.012%$990K$2.2M50xas long as short
gTrade (Gains Network) FET/USDshortL +0.0006% / S −0.0015%1h0.2028−0.125%$23K150x
Injective FET/USDC PERP+0.0033%1h0.2010−1.034%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2028−0.135%$260K$718K10xas long as short
Binance FETUSDT+0.0100%8h0.2028−0.145%$31.4M$112.2M75xas long as short
Gate FET_USDT+0.0100%8h0.2027−0.197%$2.7M$12.4M50xas long as short
MEXC FET_USDT+0.0100%8h0.2028−0.148%$31.8M$25.1M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2029−0.098%$10.6M$19.1M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2030−0.043%$335K$420Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2028−0.148%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2028−0.126%$33K$247K10xas long as short
OKX FET-USDT-SWAP+0.0164%4h0.20310.000%$1.0M$8.1M20xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2028−0.167%$14K100xas long as short
Hyperliquid FET+0.0266%1h0.2031+0.005%$9.0M$8.3M5xas long as short
BingX FET-USDT+0.0347%8h0.2028−0.148%$6.0Mas long as short
Bitget FETUSDTlong+0.0366%8h0.2031long leg$16.4M$11.8M75x
Phoenix FET+0.0474%1h0.2031+0.025%$35K$43K5xas long as short