Funding you earn now, next payment 02:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: Variational Omni against gTrade (Gains Network)+0.131%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.131% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 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 | 0.2014 | L +0.0006% / S −0.0022% | pay 0.0001% / 1h | 46m 00s | $21K | — | 150x |
| Short | Variational Omni FET | 0.2016 | 0.0100 | get 0.0100% / 8h | 6h 46m | $333K | $420K | — |
gTrade (Gains Network) FET/USD
Variational Omni FETFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $19.72
- Price spread: +0.131% → 0.000%
- $13.15
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $22.87
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 23 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 Variational Omni RFQ quote, 23 min ago | 7.29 bp | doesn't fit | 36.4 bp −$364 | 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 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 | −0.5185% | 1h | 0.2013 | −0.027% | $29K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2019 | +0.271% | $147K | $215K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0744% | 1h | 0.2015 | +0.083% | $980K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USDlong | L +0.0006% / S −0.0022% | 1h | 0.2014 | long leg | $21K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.176% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0062% | 8h | 0.2013 | −0.027% | $2.7M | $12.2M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2016 | +0.132% | $9.0M | $8.3M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | −0.040% | $306K | $577K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2014 | +0.023% | $31.3M | $112.0M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2013 | −0.027% | $31.2M | $24.8M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2014 | +0.023% | $10.6M | $19.2M | 50x | as long as short |
| Variational Omni FETshort | +0.0100% | 8h | 0.2016 | +0.131% | $333K | $420K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2012 | −0.076% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2013 | −0.048% | $33K | $247K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0150% | 4h | 0.2015 | +0.073% | $995K | $8.0M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2012 | −0.057% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | +0.321% | $1.7M | $2.8M | 100x | as long as short |
| BingX FET-USDT | +0.0287% | 8h | 0.2015 | +0.073% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0311% | 8h | 0.2015 | +0.073% | $16.2M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2026 | +0.619% | $35K | $43K | 5x | as long as short |
KuCoin FETUSDTM
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET