Funding you earn now, next payment 22:00 UTC+0.0267%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.018%
Price spread now: Injective against Extended+0.868%80s7-day average −0.573% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 3 days (all we have)−1.650%−$165 · spread now +0.868%, 7d avg −0.573%
=Together, before fees−1.395%+ Points / potential airdropExtended: Active · farm board−$140 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 1.441% dearer against Extended than usual: you sell high and buy low: +$144 more if the spread goes back to its 7-day average of −0.573%. The two prices were read 80 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 | Extended FET-USD | 0.2013 | 0.0104 | pay 0.0013% / 1h | 53m 54s | $32K | $144K | 10x |
| Short | Injective FET/USDC PERP | 0.2030 | 0.0371 | get 0.0046% / 1h | 53m 54s | $3K | $118K | 12x |
Extended FET-USD
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $56.01
- Price spread: +0.868% → −0.573%
- $144.07
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $195.05
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 31 min ago; Injective: 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 Extended live order book, 31 min ago | 7.67 bp | 15.9 bp −$16 | 181.3 bp −$1,813 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.3712% | 1h | 0.2011 | −0.076% | $26K | $229K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2030 | +0.868% | $162K | $190K | 50x | as long as short |
| Gate FET_USDT | −0.0124% | 8h | 0.2010 | −0.126% | $2.8M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2011 | −0.086% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2016 | +0.162% | $1.1M | $2.1M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2013 | +0.003% | $9.0M | $7.6M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2012 | −0.005% | $346K | $527K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2013 | +0.037% | $31.4M | $107.1M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2015 | +0.122% | $866K | $7.5M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2011 | −0.076% | $36.0M | $25.1M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
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 | 0.2011 | −0.076% | $10.4M | $18.9M | 50x | as long as short |
| Bitget FETUSDT | +0.0100% | 8h | 0.2015 | +0.122% | $16.4M | $11.4M | 75x | as long as short |
| BingX FET-USDT | +0.0100% | 8h | 0.2013 | +0.023% | — | $5.6M | — | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2021 | +0.445% | $274K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2009 | −0.176% | $37K | $5K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2013 | long leg | $32K | $144K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2010 | −0.116% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2026 | +0.669% | $1.7M | $2.6M | 100x | as long as short |
| Injective FET/USDC PERPshort | +0.0371% | 1h | 0.2030 | +0.868% | $3K | $118K | 12x | |
| Phoenix FET | +0.0395% | 1h | 0.2013 | +0.023% | $27K | $37K | 5x | as long as short |
KuCoin FETUSDTM
Bitget FETUSDT
BingX FET-USDT
Variational Omni FET
Orderly PERP_FET_USDC
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET