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

FET

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.055%
Price spread now: GMX against Extended−0.074%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.074% cheaper against Extended than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 34 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended FET-USD0.20700.0104pay 0.0013% / 1h32m 12s$34K$248K10x
ShortGMX FET/USD [ETH-USDC]0.2069L +0.0202% / S −0.0278%get 0.0035% / 1h32m 12s$14K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$36.49
Price spread: −0.074% → 0.000%
−$7.39
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$12.1
Costs to cover
0.170%
Break-even
4.7 days
Slippage unknown: Extended: live order book, 39 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 39 min ago8.08 bp16.7 bp −$17161.0 bp −$1,610doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.2158%1h0.2071+0.040%$40K$213K10xas long as short
Kraken Futures PF_FETUSD−0.1249%1h0.2072+0.091%$1.0M$2.2M50xas long as short
Coinbase International FET-PERP-INTX−0.0704%1h0.2072+0.088%$154K$210K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0013%1h0.2069−0.056%$32K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010−2.906%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2068−0.100%$344K$542K10xas long as short
Binance FETUSDT+0.0100%8h0.2071+0.055%$32.4M$110.3M75xas long as short
Gate FET_USDT+0.0100%8h0.2070−0.008%$2.8M$12.1M50xas long as short
MEXC FET_USDT+0.0100%8h0.2071+0.040%$35.1M$24.9M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2073+0.137%$11.0M$19.2M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2065−0.241%$363K$399Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2070−0.008%$38K$6K10xas long as short
Extended FET-USDlong+0.0104%1h0.2070long leg$34K$248K10x
GMX FET/USD [ETH-USDC]shortL +0.0202% / S −0.0278%1h0.2069−0.074%$14K100x
BloFin FET-USDT+0.0220%8h0.2069−0.056%$1.7M$2.7M100xas long as short
BingX FET-USDT+0.0287%8h0.2072+0.088%$5.7Mas long as short
Bitget FETUSDT+0.0304%8h0.2072+0.088%$16.7M$11.5M75xas long as short
OKX FET-USDT-SWAP+0.0319%4h0.2075+0.233%$1.1M$8.2M20xas long as short
Hyperliquid FET+0.0422%1h0.2074+0.180%$9.3M$8.1M5xas long as short
Phoenix FET+0.0467%1h0.2066−0.182%$36K$45K5xas long as short