Funding you earn now, next payment 02:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.037%
Price spread now: Injective against Extended−0.302%7-day average −0.578% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 3 days (all we have)−0.485%−$48 · spread now −0.302%, 7d avg −0.578%
=Together, before fees−0.239%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.276% dearer against Extended than usual: you sell high and buy low (spread −0.302% now, against its 7-day average of −0.578%): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.245%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FET-USD | 0.2016 | 0.0104 | pay 0.0013% / 1h | 46m 49s | $33K | $247K | 10x |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0033 | get 0.0004% / 1h | 46m 49s | $3K | $166K | 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
- −$14.84
- Price spread: −0.302% → −0.578%
- $27.58
- 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
- $7.72
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 20 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, 20 min ago | 8.78 bp | 17.2 bp −$17 | 183.1 bp −$1,831 | 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 | −0.5177% | 1h | 0.2016 | −0.004% | $29K | $231K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2028 | +0.591% | $148K | $215K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0743% | 1h | 0.2019 | +0.156% | $981K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2019 | +0.129% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2010 | −0.302% | $3K | $166K | 12x | |
| Gate FET_USDT | +0.0050% | 8h | 0.2016 | −0.004% | $2.7M | $12.2M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2018 | +0.115% | $9.0M | $8.3M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2016 | −0.005% | $307K | $577K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2018 | +0.106% | $31.3M | $112.1M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2017 | +0.045% | $31.3M | $24.8M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
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 | 0.2018 | +0.095% | $10.6M | $19.2M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | +0.352% | $354K | $401K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2016 | −0.004% | $38K | $7K | 10x | as long as short |
| Extended FET-USDlong | +0.0104% | 1h | 0.2016 | long leg | $33K | $247K | 10x | |
| OKX FET-USDT-SWAP | +0.0152% | 4h | 0.2020 | +0.194% | $997K | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2016 | −0.002% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | +0.194% | $1.7M | $2.8M | 100x | as long as short |
| BingX FET-USDT | +0.0287% | 8h | 0.2018 | +0.095% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0309% | 8h | 0.2019 | +0.145% | $16.2M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2026 | +0.492% | $35K | $43K | 5x | as long as short |
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDC
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET