Funding you earn now, next payment 00:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Gate+0.150%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.180%−$18 · spread now +0.150%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.112% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FET_USDT | 0.2006 | −0.0052 | get 0.0052% / 8h | 2h 28m | $2.7M | $11.8M | 50x |
| Short | Binance FETUSDT | 0.2009 | 0.0100 | get 0.0100% / 8h | 2h 28m | $31.3M | $107.1M | 75x |
Gate FET_USDT
Binance FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $31.92
- Price spread: +0.150% → +0.038%
- $11.17
- Slippage, 4 orders
- −$34.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.23
- Costs to cover
- 0.593%
- Break-even
- 10.6 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 15 min ago.
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 Gate live order book, 5 min ago | 2.50 bp | 16.2 bp −$16 | 47.0 bp −$470 | 65.0 bp −$6,498 | 125.9 bp −$63.0K |
| Sell Binance live order book, 15 min ago | 2.49 bp | 11.9 bp −$12 | 20.5 bp −$205 | 108.1 bp −$10.8K | doesn't fit |
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 | −0.3718% | 1h | 0.2008 | +0.100% | $26K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2017 | +0.548% | $161K | $188K | 50x | as long as short |
| Gate FET_USDTlong | −0.0052% | 8h | 0.2006 | long leg | $2.7M | $11.8M | 50x | |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2008 | +0.089% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2012 | +0.314% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2008 | +0.100% | $345K | $527K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2009 | +0.150% | $31.3M | $107.1M | 75x | |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2011 | +0.249% | $855K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2009 | +0.150% | $34.9M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2007 | +0.050% | $10.4M | $19.0M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2005 | −0.029% | $271K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2007 | +0.050% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2009 | +0.139% | $32K | $144K | 10x | as long as short |
| BingX FET-USDT | +0.0155% | 8h | 0.2010 | +0.199% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0174% | 8h | 0.2011 | +0.249% | $16.4M | $11.4M | 75x | as long as short |
| Hyperliquid FET | +0.0176% | 1h | 0.2010 | +0.184% | $9.0M | $7.6M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2006 | +0.010% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2005 | −0.050% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2030 | +1.196% | $3K | $118K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2010 | +0.184% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Injective FET/USDC PERP
Phoenix FET