FET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%

Price spread now: BloFin against Orderly−0.149%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BloFin

What this pair did over the last

the charts below follow

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 pays, the price is against you. BloFin is 0.149% cheaper against Orderly than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_FET_USDC	0.2014	0.0100	pay 0.0100% / 8h	4h 14m	$38K	$7K	10x
Short	BloFin FET-USDT	0.2011	0.0220	get 0.0220% / 8h	4h 14m	$1.7M	$3.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BloFinbpOrdersPrice spread, now −0.149%Rate

Funding earned: $25.2
Price spread: −0.149% → 0.000%: −$14.9
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$7.7
Costs to cover: 0.180%
Break-even: 9.1 days

Slippage unknown: Orderly: no order-book sample; BloFin: 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 BloFin live order book, 4 min ago	7.45 bp	13.4 bp −$13	25.3 bp −$253	78.5 bp −$7,849	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	−0.3703%	1h	0.2016	+0.099%	$38K	$307K	10x	as long as short
Coinbase International FET-PERP-INTX	−0.0984%	1h	0.2015	+0.050%	$145K	$246K	50x	as long as short
Kraken Futures PF_FETUSD	−0.0456%	1h	0.2017	+0.135%	$995K	$2.2M	50x	as long as short
gTrade (Gains Network) FET/USD	L +0.0006% / S −0.0011%	1h	0.2014	+0.023%	$33K	—	150x	as long as short
Injective FET/USDC PERP	+0.0033%	1h	0.2010	−0.199%	$3K	$166K	12x	as long as short
Aster FETUSDT	+0.0100%	8h	0.2014	−0.013%	$200K	$805K	10x	as long as short
Binance FETUSDT	+0.0100%	8h	0.2014	0.000%	$30.8M	$113.5M	75x	as long as short
Gate FET_USDT	+0.0100%	8h	0.2014	0.000%	$2.7M	$12.6M	50x	as long as short
MEXC FET_USDT	+0.0100%	8h	0.2014	0.000%	$31.8M	$24.7M	200x	as long as short
KuCoin FETUSDTM	+0.0100%	8h	0.2015	+0.050%	$10.6M	$18.8M	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni FET	+0.0100%	8h	0.2015	+0.057%	$337K	$418K	—	as long as short
Orderly PERP_FET_USDClong	+0.0100%	8h	0.2014	long leg	$38K	$7K	10x
Extended FET-USD	+0.0104%	1h	0.2014	+0.016%	$33K	$252K	10x	as long as short
GMX FET/USD [ETH-USDC]	L +0.0201% / S −0.0278%	1h	0.2013	−0.028%	$13K	—	100x	as long as short
BloFin FET-USDTshort	+0.0220%	8h	0.2011	−0.149%	$1.7M	$3.1M	100x
OKX FET-USDT-SWAP	+0.0221%	4h	0.2016	+0.099%	$1.0M	$8.2M	20x	as long as short
Hyperliquid FET	+0.0229%	1h	0.2016	+0.094%	$8.7M	$8.4M	5x	as long as short
BingX FET-USDT	+0.0269%	8h	0.2015	+0.050%	—	$6.0M	—	as long as short
Bitget FETUSDT	+0.0275%	8h	0.2016	+0.099%	$16.3M	$11.9M	75x	as long as short
Phoenix FET	+0.0505%	1h	0.2019	+0.248%	$35K	$39K	5x	as long as short