Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against Gate+0.101%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.682% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.101%, 7d avg +0.112%
=The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FET_USDT | 0.1986 | 0.0100 | pay 0.0100% / 8h | 2h 52m | $2.6M | $12.7M | 50x |
| Short | BloFin FET-USDT | 0.1988 | 0.0220 | get 0.0220% / 8h | 2h 52m | $1.7M | $3.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.101% → +0.112%
- −$1.08
- Slippage, 4 orders
- −$41.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.05
- Costs to cover
- 0.682%
- Break-even
- 19.2 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago | 2.52 bp | 18.9 bp −$19 | 49.1 bp −$491 | 63.2 bp −$6,318 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 7.60 bp | 13.6 bp −$14 | 31.4 bp −$314 | 89.2 bp −$8,924 | 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 | −0.3758% | 1h | 0.1988 | +0.101% | $38K | $298K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1991 | +0.252% | $148K | $257K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1987 | +0.050% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +1.208% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1986 | +0.004% | $190K | $809K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1989 | +0.136% | $30.2M | $114.8M | 75x | as long as short |
| Gate FET_USDTlong | +0.0100% | 8h | 0.1986 | long leg | $2.6M | $12.7M | 50x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.1987 | +0.050% | $29.8M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1987 | +0.050% | $10.4M | $18.6M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.1987 | +0.058% | $272K | $479K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1987 | +0.050% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1988 | +0.121% | $33K | $201K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1986 | +0.018% | $13K | — | 100x | as long as short |
| BingX FET-USDT | +0.0204% | 8h | 0.1989 | +0.151% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0213% | 8h | 0.1988 | +0.101% | $16.0M | $11.9M | 75x | as long as short |
| BloFin FET-USDTshort | +0.0220% | 8h | 0.1988 | +0.101% | $1.7M | $3.2M | 100x | |
| OKX FET-USDT-SWAP | +0.0374% | 4h | 0.1989 | +0.151% | $986K | $8.1M | 20x | as long as short |
| Kraken Futures PF_FETUSD | +0.0462% | 1h | 0.1989 | +0.155% | $970K | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.1987 | +0.040% | $34K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0889% | 1h | 0.1988 | +0.101% | $8.5M | $8.4M | 5x | as long as short |
Gate FET_USDT
BloFin FET-USDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET