Funding you earn now, next payment 23:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.024%
Price spread now: gTrade (Gains Network) against Orderly+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.104% dearer against Orderly than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2022 | 0.0100 | pay 0.0100% / 8h | 1h 10m | $37K | $5K | 10x |
| Short | gTrade (Gains Network) FET/USD | 0.2024 | L +0.0006% / S −0.0012% | get 0.0002% / 1h | 10m 43s | $32K | — | 150x |
Orderly PERP_FET_USDC
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$18.39
- Price spread: +0.104% → 0.000%
- $10.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$23.95
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.3197% | 1h | 0.2024 | +0.099% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2024 | +0.099% | $151K | $202K | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0012% | 1h | 0.2024 | +0.104% | $32K | — | 150x | |
| Gate FET_USDT | +0.0067% | 8h | 0.2021 | −0.049% | $2.7M | $12.0M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2023 | +0.051% | $344K | $535K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2023 | +0.048% | $31.6M | $107.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | −0.049% | $34.6M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2022 | 0.000% | $10.5M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2019 | −0.136% | $274K | $317K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2022 | long leg | $37K | $5K | 10x |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2022 | +0.002% | $34K | $190K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0184% | 4h | 0.2025 | +0.148% | $873K | $7.6M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2023 | +0.046% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2025 | +0.148% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0249% | 1h | 0.2026 | +0.213% | $8.9M | $7.9M | 5x | as long as short |
| BingX FET-USDT | +0.0317% | 8h | 0.2023 | +0.049% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0330% | 8h | 0.2024 | +0.099% | $16.3M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0358% | 1h | 0.2025 | +0.124% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.593% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2019 | −0.153% | $35K | $36K | 5x | as long as short |
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Hyperliquid FET
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET