Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Orderly+0.121%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.121% dearer against Orderly than usual: you sell high and buy low, +$12 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 | 0.2050 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $38K | $7K | 10x |
| Short | Extended FET-USD | 0.2052 | 0.0104 | get 0.0013% / 1h | 17m 33s | $34K | $248K | 10x |
Orderly PERP_FET_USDC
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.121% → 0.000%
- $12.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.92
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 54 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 Extended live order book, 54 min ago | 8.08 bp | 15.9 bp −$16 | 55.9 bp −$559 | doesn't fit | 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 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 | −0.3632% | 1h | 0.2053 | +0.146% | $29K | $223K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1259% | 1h | 0.2055 | +0.265% | $999K | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2048 | −0.098% | $150K | $214K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2050 | +0.006% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.951% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2053 | +0.149% | $341K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2053 | +0.156% | $32.2M | $110.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2053 | +0.146% | $2.8M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2052 | +0.098% | $34.6M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2055 | +0.244% | $10.9M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2051 | +0.057% | $361K | $399K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2050 | long leg | $38K | $7K | 10x | |
| Extended FET-USDshort | +0.0104% | 1h | 0.2052 | +0.121% | $34K | $248K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2050 | −0.013% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2047 | −0.146% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0289% | 8h | 0.2054 | +0.195% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0290% | 4h | 0.2053 | +0.146% | $1.0M | $8.2M | 20x | as long as short |
| Bitget FETUSDT | +0.0301% | 8h | 0.2056 | +0.293% | $16.6M | $11.6M | 75x | as long as short |
| Hyperliquid FET | +0.0432% | 1h | 0.2057 | +0.346% | $9.2M | $8.3M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2052 | +0.112% | $36K | $45K | 5x | as long as short |
Variational Omni FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Hyperliquid FET
Phoenix FET