Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Orderly+0.149%49s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.149% dearer against Orderly than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | Orderly PERP_FET_USDC | 0.2017 | 0.0100 | pay 0.0100% / 8h | 6h 47m | $38K | $7K | 10x |
| Short | Binance FETUSDT | 0.2020 | 0.0100 | get 0.0100% / 8h | 6h 47m | $31.4M | $112.1M | 75x |
Orderly PERP_FET_USDC
Binance FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.149% → 0.000%
- $14.87
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1.13
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.48 bp | 10.6 bp −$11 | 24.8 bp −$248 | 122.2 bp −$12.2K | 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 | −0.5171% | 1h | 0.2018 | +0.050% | $29K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2028 | +0.545% | $148K | $215K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0742% | 1h | 0.2022 | +0.237% | $983K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2017 | 0.000% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.347% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0050% | 8h | 0.2019 | +0.099% | $2.8M | $12.1M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2023 | +0.278% | $9.0M | $8.3M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2020 | +0.135% | $307K | $577K | 10x | as long as short |
| Binance FETUSDTshort | +0.0100% | 8h | 0.2020 | +0.149% | $31.4M | $112.1M | 75x | |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | +0.198% | $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
Injective FET/USDC PERP
Gate FET_USDT
Hyperliquid FET
Aster 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 | 0.2020 | +0.149% | $10.6M | $19.2M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | +0.307% | $354K | $401K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2017 | long leg | $38K | $7K | 10x | |
| Extended FET-USD | +0.0104% | 1h | 0.2020 | +0.145% | $33K | $247K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0152% | 4h | 0.2020 | +0.149% | $1.0M | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2015 | −0.076% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | +0.149% | $1.7M | $2.8M | 100x | as long as short |
| BingX FET-USDT | +0.0277% | 8h | 0.2021 | +0.198% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0309% | 8h | 0.2022 | +0.248% | $16.3M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2026 | +0.446% | $35K | $43K | 5x | as long as short |
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET