FET

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0490%/8h= +53.6% APRnext payment +$0.61 per $10,000 · paid last 24h −0.149%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.069%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.069% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_FETUSD	0.2044	−0.0477	get 0.0060% / 1h	40m 00s	$1.0M	$2.2M	50x
Short	gTrade (Gains Network) FET/USD	0.2043	L +0.0006% / S −0.0013%	get 0.0002% / 1h	40m 00s	$32K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.069%Rate

Funding earned: $102.81
Price spread: −0.069% → 0.000%: −$6.92
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $75.89
Costs to cover: 0.200%
Break-even: 1.8 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. 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 Kraken Futures live order book, 4 min ago	5.12 bp	21.0 bp −$21	54.5 bp −$545	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.2678%	1h	0.2043	−0.052%	$28K	$200K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0728%	1h	0.2055	+0.535%	$154K	$206K	50x	as long as short
Kraken Futures PF_FETUSDlong	−0.0477%	1h	0.2044	long leg	$1.0M	$2.2M	50x
gTrade (Gains Network) FET/USDshort	L +0.0006% / S −0.0013%	1h	0.2043	−0.069%	$32K	—	150x
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−1.667%	$3K	$166K	12x	as long as short
Gate FET_USDT	+0.0060%	8h	0.2042	−0.101%	$2.8M	$12.0M	50x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2042	−0.116%	$341K	$540K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2041	−0.150%	$31.9M	$108.5M	75x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2041	−0.150%	$34.4M	$24.9M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2042	−0.101%	$10.6M	$19.1M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2046	+0.107%	$299K	$339K	—	as long as short
Orderly PERP_FET_USDC	+0.0100%	8h	0.2042	−0.101%	$38K	$5K	10x	as long as short
Extended FET-USD	+0.0104%	1h	0.2040	−0.183%	$34K	$190K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2041	−0.143%	$14K	—	100x	as long as short
BloFin FET-USDT	+0.0220%	8h	0.2046	+0.095%	$1.7M	$2.7M	100x	as long as short
BingX FET-USDT	+0.0317%	8h	0.2042	−0.101%	—	$5.6M	—	as long as short
OKX FET-USDT-SWAP	+0.0325%	4h	0.2043	−0.052%	$990K	$7.8M	20x	as long as short
Bitget FETUSDT	+0.0329%	8h	0.2041	−0.150%	$16.5M	$11.5M	75x	as long as short
Phoenix FET	+0.0508%	1h	0.2056	+0.559%	$36K	$45K	5x	as long as short
Hyperliquid FET	+0.0760%	1h	0.2044	+0.016%	$9.0M	$8.0M	5x	as long as short