Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.030%
Price spread now: Gate against Injective+0.149%114s7-day average +0.576% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)+0.421%+$42 · spread now +0.149%, 7d avg +0.576%
=Funding pays, the price is against you. Gate is 0.426% cheaper against Injective than usual: you would sell low and buy high (spread +0.149% now, against its 7-day average of +0.576%). If the spread goes back, that is −$43 on $10k: about 21 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.240%, so the current rate has only just turned in your favour. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FET/USDC PERP | 0.2010 | 0.0033 | pay 0.0004% / 1h | 45m 31s | $3K | $166K | 12x |
| Short | Gate FET_USDT | 0.2013 | 0.0100 | get 0.0100% / 8h | 4h 45m | $2.7M | $12.5M | 50x |
Injective FET/USDC PERP
Gate FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $14
- Price spread: +0.149% → +0.576%
- −$42.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.66
- Costs to cover
- 0.150%
- Break-even
- 28.8 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 4.97 bp | 17.6 bp −$18 | 53.6 bp −$536 | 84.8 bp −$8,481 | doesn't fit |
Injective: 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 | −0.4194% | 1h | 0.2016 | +0.299% | $38K | $305K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2011 | +0.050% | $147K | $235K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0456% | 1h | 0.2018 | +0.392% | $996K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2014 | +0.198% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Hyperliquid FET | +0.0100% | 1h | 0.2015 | +0.254% | $8.8M | $8.5M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2015 | +0.249% | $206K | $805K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2015 | +0.237% | $30.9M | $113.7M | 75x | as long as short |
| Gate FET_USDTshort | +0.0100% | 8h | 0.2013 | +0.149% | $2.7M | $12.5M | 50x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.2013 | +0.149% | $29.9M | $24.0M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
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 | 0.2016 | +0.299% | $10.6M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2016 | +0.305% | $337K | $423K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2013 | +0.149% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2015 | +0.224% | $35K | $249K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0192% | 4h | 0.2016 | +0.299% | $1.0M | $8.2M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2013 | +0.170% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2013 | +0.149% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0315% | 8h | 0.2015 | +0.249% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0321% | 8h | 0.2015 | +0.249% | $16.3M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2013 | +0.149% | $35K | $39K | 5x | as long as short |
KuCoin FETUSDTM
Variational Omni FET
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