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+0.0379%/8h= +41.5% APRpaid last 24h +0.049%
Price spread now: Bitget against gTrade (Gains Network)+0.171%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.171% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) FET/USD0.2034L +0.0006% / S −0.0015%pay 0.0001% / 1h2m 22s$23K150x
ShortBitget FETUSDT0.20370.0385get 0.0385% / 8h6h 02m$16.5M$11.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$79.57
Price spread: +0.171% → 0.000%
$17.06
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$74.63
Costs to cover
0.220%
Break-even
0.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 1 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 1 min ago2.45 bp13.7 bp −$1429.5 bp −$295doesn't fitdoesn't fit
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−0.3668%1h0.2034+0.023%$30K$230K10xas long as short
Coinbase International FET-PERP-INTX−0.0760%1h0.2041+0.367%$148K$220K50xas long as short
Kraken Futures PF_FETUSD−0.0736%1h0.2037+0.167%$994K$2.2M50xas long as short
gTrade (Gains Network) FET/USDlongL +0.0006% / S −0.0015%1h0.2034long leg$23K150x
Injective FET/USDC PERP+0.0033%1h0.2010−1.157%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2034+0.045%$260K$719K10xas long as short
Binance FETUSDT+0.0100%8h0.2036+0.118%$31.7M$111.7M75xas long as short
Gate FET_USDT+0.0100%8h0.2033−0.026%$2.7M$12.4M50xas long as short
MEXC FET_USDT+0.0100%8h0.2035+0.072%$31.2M$25.3M200xas long as short
KuCoin FETUSDTM+0.0100%8h0.2035+0.072%$10.6M$18.9M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FET+0.0100%8h0.2039+0.276%$337K$420Kas long as short
Orderly PERP_FET_USDC+0.0100%8h0.2033−0.026%$38K$7K10xas long as short
Extended FET-USD+0.0104%1h0.2034+0.044%$33K$250K10xas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0278%1h0.2033−0.016%$14K100xas long as short
OKX FET-USDT-SWAP+0.0246%4h0.2037+0.171%$1.0M$8.1M20xas long as short
BingX FET-USDT+0.0363%8h0.2035+0.072%$6.0Mas long as short
Bitget FETUSDTshort+0.0385%8h0.2037+0.171%$16.5M$11.7M75x
Phoenix FET+0.0474%1h0.2042+0.402%$36K$43K5xas long as short
Hyperliquid FET+0.0480%1h0.2036+0.102%$9.0M$8.4M5xas long as short