Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Orderly against Extended−0.021%7-day average — · you buy dearer than you sell
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: Orderly is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 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 | Extended FET-USD | 0.1997 | 0.0104 | pay 0.0013% / 1h | 26m 35s | $33K | $253K | 10x |
| Short | Orderly PERP_FET_USDC | 0.1997 | 0.0100 | get 0.0100% / 8h | 3h 26m | $37K | $7K | 10x |
Extended FET-USD
Orderly PERP_FET_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.84
- Price spread: −0.021% → 0.000%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.92
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 25 min ago; Orderly: 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, 25 min ago | 9.15 bp | 17.8 bp −$18 | 130.1 bp −$1,301 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | −0.4234% | 1h | 0.1998 | +0.029% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1192% | 1h | 0.2005 | +0.380% | $148K | $257K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0366% | 1h | 0.2001 | +0.177% | $978K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1997 | −0.045% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.630% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1998 | +0.018% | $193K | $808K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1998 | +0.007% | $30.5M | $113.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1997 | −0.021% | $2.7M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1997 | −0.021% | $30.2M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1998 | +0.029% | $10.4M | $18.7M | 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
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 | 0.2003 | +0.287% | $274K | $478K | — | as long as short |
| Orderly PERP_FET_USDCshort | +0.0100% | 8h | 0.1997 | −0.021% | $37K | $7K | 10x | |
| Extended FET-USDlong | +0.0104% | 1h | 0.1997 | long leg | $33K | $253K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1997 | −0.028% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2001 | +0.179% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0246% | 8h | 0.1998 | +0.029% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0253% | 8h | 0.1998 | +0.029% | $16.2M | $11.9M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0366% | 4h | 0.1998 | +0.029% | $1.0M | $8.1M | 20x | as long as short |
| Phoenix FET | +0.0435% | 1h | 0.2003 | +0.275% | $35K | $38K | 5x | as long as short |
| Hyperliquid FET | +0.0672% | 1h | 0.1999 | +0.079% | $8.6M | $8.4M | 5x | as long as short |
Variational Omni FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET