FET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0982%/8h= +107.5% APRnext payment +$1.23 per $10,000 · paid last 24h +0.063%

Price spread now: GMX against Coinbase International−0.162%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.162% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 13 hours of funding at the current rate (+$29 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International FET-PERP-INTX	0.2072	−0.0704	get 0.0088% / 1h	31m 50s	$154K	$210K	50x
Short	GMX FET/USD [ETH-USDC]	0.2069	L +0.0202% / S −0.0278%	get 0.0035% / 1h	31m 50s	$14K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.162%Rate

Funding earned: $206.17
Price spread: −0.162% → 0.000%: −$16.22
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $167.95
Costs to cover: 0.220%
Break-even: 1.3 days

Slippage unknown: Coinbase International: live order book, 41 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 41 min ago	7.34 bp	52.8 bp −$53	doesn't fit	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: 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	−0.2158%	1h	0.2071	−0.048%	$40K	$213K	10x	as long as short
Kraken Futures PF_FETUSD	−0.1249%	1h	0.2072	+0.003%	$1.0M	$2.2M	50x	as long as short
Coinbase International FET-PERP-INTXlong	−0.0704%	1h	0.2072	long leg	$154K	$210K	50x
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0013%	1h	0.2069	−0.145%	$32K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−2.992%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2073	+0.034%	$344K	$542K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2077	+0.241%	$32.5M	$110.4M	75x	as long as short
Gate FET_USDT	+0.0100%	8h	0.2074	+0.097%	$2.8M	$12.1M	50x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2074	+0.097%	$35.1M	$24.9M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2073	+0.048%	$11.0M	$19.2M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2065	−0.329%	$363K	$399K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2070	−0.097%	$38K	$6K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2074	+0.074%	$34K	$248K	10x	as long as short
GMX FET/USD [ETH-USDC]short	L +0.0202% / S −0.0278%	1h	0.2069	−0.162%	$14K	—	100x
BloFin FET-USDT	+0.0220%	8h	0.2069	−0.145%	$1.7M	$2.7M	100x	as long as short
BingX FET-USDT	+0.0287%	8h	0.2079	+0.338%	—	$5.7M	—	as long as short
Bitget FETUSDT	+0.0304%	8h	0.2080	+0.386%	$16.8M	$11.5M	75x	as long as short
OKX FET-USDT-SWAP	+0.0319%	4h	0.2080	+0.386%	$1.1M	$8.2M	20x	as long as short
Hyperliquid FET	+0.0435%	1h	0.2080	+0.380%	$9.4M	$8.2M	5x	as long as short
Phoenix FET	+0.0467%	1h	0.2066	−0.270%	$36K	$45K	5x	as long as short