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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2070 | 0.0104 | pay 0.0013% / 1h | 32m 12s | $34K | $248K | 10x |
| Short | GMX FET/USD [ETH-USDC] | 0.2069 | L +0.0202% / S −0.0278% | get 0.0035% / 1h | 32m 12s | $14K | — | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 39 min ago | 8.08 bp | 16.7 bp −$17 | 161.0 bp −$1,610 | 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 | +0.040% | $40K | $213K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1249% | 1h | 0.2072 | +0.091% | $1.0M | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2072 | +0.088% | $154K | $210K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2069 | −0.056% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.906% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2068 | −0.100% | $344K | $542K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2071 | +0.055% | $32.4M | $110.3M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2070 | −0.008% | $2.8M | $12.1M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2071 | +0.040% | $35.1M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2073 | +0.137% | $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 | −0.241% | $363K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2070 | −0.008% | $38K | $6K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2070 | long leg | $34K | $248K | 10x | |
| GMX FET/USD [ETH-USDC]short | L +0.0202% / S −0.0278% | 1h | 0.2069 | −0.074% | $14K | — | 100x | |
| BloFin FET-USDT | +0.0220% | 8h | 0.2069 | −0.056% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0287% | 8h | 0.2072 | +0.088% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0304% | 8h | 0.2072 | +0.088% | $16.7M | $11.5M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0319% | 4h | 0.2075 | +0.233% | $1.1M | $8.2M | 20x | as long as short |
| Hyperliquid FET | +0.0422% | 1h | 0.2074 | +0.180% | $9.3M | $8.1M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2066 | −0.182% | $36K | $45K | 5x | as long as short |
Extended FET-USD
GMX FET/USD [ETH-USDC]
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET