Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against Orderly+0.049%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
The price spread pays, funding is against you. Gate is 0.049% dearer against Orderly than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2034 | 0.0100 | pay 0.0100% / 8h | 34m 54s | $38K | $5K | 10x |
| Short | Gate FET_USDT | 0.2035 | 0.0054 | get 0.0054% / 8h | 34m 54s | $2.8M | $12.1M | 50x |
Orderly PERP_FET_USDC
Gate FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$9.66
- Price spread: +0.049% → 0.000%
- $4.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.74
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.45 bp | 16.3 bp −$16 | 37.1 bp −$371 | 85.7 bp −$8,571 | 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 | −0.2690% | 1h | 0.2035 | +0.049% | $28K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2055 | +1.032% | $154K | $205K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0479% | 1h | 0.2037 | +0.141% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2035 | +0.034% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.180% | $3K | $166K | 12x | as long as short |
| Gate FET_USDTshort | +0.0054% | 8h | 0.2035 | +0.049% | $2.8M | $12.1M | 50x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2038 | +0.175% | $340K | $543K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2038 | +0.197% | $31.8M | $108.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2037 | +0.147% | $34.4M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2036 | +0.098% | $10.6M | $19.1M | 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
Binance FETUSDT
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 | 0.2037 | +0.161% | $298K | $339K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2034 | long leg | $38K | $5K | 10x | |
| Extended FET-USD | +0.0104% | 1h | 0.2037 | +0.155% | $34K | $190K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2033 | −0.027% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2038 | +0.197% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0311% | 8h | 0.2037 | +0.147% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0320% | 8h | 0.2040 | +0.295% | $16.5M | $11.5M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0320% | 4h | 0.2040 | +0.295% | $988K | $7.8M | 20x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2041 | +0.329% | $36K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0626% | 1h | 0.2040 | +0.275% | $9.0M | $8.0M | 5x | as long as short |
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET