Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Orderly+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% dearer against Orderly than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2038 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $38K | $7K | 10x |
| Short | Binance FETUSDT | 0.2039 | 0.0100 | get 0.0100% / 8h | 6h 08m | $31.7M | $112.3M | 75x |
Orderly PERP_FET_USDC
Binance FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- $0
- Price spread: +0.034% → 0.000%
- $3.45
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$12.55
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 2.46 bp | 12.3 bp −$12 | 19.5 bp −$195 | 116.0 bp −$11.6K | doesn't fit |
Orderly: 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 19 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 | −0.4149% | 1h | 0.2037 | −0.049% | $30K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2037 | −0.049% | $148K | $219K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0737% | 1h | 0.2034 | −0.200% | $992K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2037 | −0.054% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.374% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2033 | −0.230% | $260K | $719K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2039 | +0.034% | $31.7M | $112.3M | 75x | |
| Gate FET_USDT | +0.0100% | 8h | 0.2037 | −0.049% | $2.7M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2038 | 0.000% | $31.2M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2039 | +0.049% | $10.7M | $19.0M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2036 | −0.091% | $336K | $420K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2038 | long leg | $38K | $7K | 10x | |
| Extended FET-USD | +0.0104% | 1h | 0.2034 | −0.176% | $33K | $250K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2037 | −0.063% | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0230% | 4h | 0.2040 | +0.098% | $1.0M | $8.1M | 20x | as long as short |
| BingX FET-USDT | +0.0350% | 8h | 0.2039 | +0.049% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0375% | 8h | 0.2041 | +0.147% | $16.5M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0415% | 1h | 0.2040 | +0.098% | $9.1M | $8.2M | 5x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2035 | −0.128% | $35K | $43K | 5x | as long as short |
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET