Funding you earn now, next payment 22:00 UTC−0.0267%/8h= −29.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.027%
Price spread now: Extended against Injective−0.709%80s7-day average +0.557% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 3 days (all we have)+1.249%+$125 · spread now −0.709%, 7d avg +0.557%
=Together, before fees+1.006%+ Points / potential airdropExtended: Active · farm board+$101 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 1.266% cheaper against Injective than usual: you would sell low and buy high (−$127 if the spread goes back to its 7-day average of +0.557%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FET/USDC PERP | 0.2010 | 0.0371 | pay 0.0046% / 1h | 5m 40s | $3K | $166K | 12x |
| Short | Extended FET-USD | 0.1996 | 0.0104 | get 0.0013% / 1h | 5m 40s | $32K | $145K | 10x |
Injective FET/USDC PERP
Extended FET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- −$56.01
- Price spread: −0.709% → +0.557%
- −$126.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$187.64
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Extended: live order book, 15 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 15 min ago | 9.17 bp | 17.9 bp −$18 | 73.8 bp −$738 | doesn't fit | doesn't fit |
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 | −0.6719% | 1h | 0.1995 | −0.746% | $26K | $199K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | +0.597% | $161K | $188K | 50x | as long as short |
| Gate FET_USDT | −0.0012% | 8h | 0.1993 | −0.846% | $2.7M | $11.9M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.1993 | −0.833% | $31K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.1996 | −0.714% | $1.0M | $2.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1994 | −0.796% | $341K | $532K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1994 | −0.796% | $31.1M | $107.2M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1994 | −0.796% | $34.4M | $25.5M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1994 | −0.796% | $10.2M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2000 | −0.475% | $271K | $315K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1994 | −0.796% | $37K | $5K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0101% | 4h | 0.1995 | −0.746% | $849K | $7.5M | 20x | as long as short |
| Extended FET-USDshort | +0.0104% | 1h | 0.1996 | −0.709% | $32K | $145K | 10x | |
| GMX FET/USD [ETH-USDC] | L +0.0200% / S −0.0278% | 1h | 0.1993 | −0.831% | $13K | — | 100x | as long as short |
| BingX FET-USDT | +0.0217% | 8h | 0.1996 | −0.697% | — | $5.6M | — | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.1994 | −0.796% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0239% | 1h | 0.1996 | −0.701% | $8.9M | $7.8M | 5x | as long as short |
| Bitget FETUSDT | +0.0241% | 8h | 0.1997 | −0.647% | $16.3M | $11.4M | 75x | as long as short |
| Injective FET/USDC PERPlong | +0.0371% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Phoenix FET | +0.0476% | 1h | 0.1997 | −0.652% | $27K | $37K | 5x | as long as short |
Orderly PERP_FET_USDC
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BingX FET-USDT
BloFin FET-USDT
Hyperliquid FET
Bitget FETUSDT
Phoenix FET