Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.9% APRpaid last 24h +0.038%
Price spread now: OKX against gTrade (Gains Network)+0.221%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.221% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) FET/USD | 0.2024 | L +0.0006% / S −0.0015% | pay 0.0001% / 1h | 15m 42s | $23K | — | 150x |
| Short | OKX FET-USDT-SWAP | 0.2028 | 0.0188 | get 0.0094% / 4h | 2h 15m | $1.0M | $8.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.1
- Price spread: +0.221% → 0.000%
- $22.09
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $40.19
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 2 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.46 bp | 20.2 bp −$20 | 66.0 bp −$660 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4664% | 1h | 0.2025 | +0.073% | $30K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2026 | +0.122% | $147K | $218K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0740% | 1h | 0.2027 | +0.182% | $989K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USDlong | L +0.0006% / S −0.0015% | 1h | 0.2024 | long leg | $23K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.669% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2026 | +0.122% | $259K | $719K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2027 | +0.167% | $31.4M | $112.3M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2024 | +0.023% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2025 | +0.073% | $31.0M | $25.2M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2027 | +0.171% | $10.6M | $19.1M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2026 | +0.128% | $335K | $420K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2024 | +0.023% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2025 | +0.096% | $33K | $250K | 10x | as long as short |
| OKX FET-USDT-SWAPshort | +0.0188% | 4h | 0.2028 | +0.221% | $1.0M | $8.1M | 20x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2024 | +0.002% | $14K | — | 100x | as long as short |
| Hyperliquid FET | +0.0326% | 1h | 0.2028 | +0.231% | $9.0M | $8.3M | 5x | as long as short |
| BingX FET-USDT | +0.0349% | 8h | 0.2029 | +0.270% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0368% | 8h | 0.2028 | +0.221% | $16.4M | $11.8M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2031 | +0.394% | $35K | $43K | 5x | as long as short |
gTrade (Gains Network) FET/USD
OKX FET-USDT-SWAP
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Phoenix FET