Funding you earn now, next payment 08:00 UTC+0.0205%/8h= +22.4% APRnext payment +$2.05 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against Orderly+0.146%7-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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.146% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread 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 | Orderly PERP_FET_USDC | 0.2049 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $38K | $6K | 10x |
| Short | Bitget FETUSDT | 0.2052 | 0.0305 | get 0.0305% / 8h | 7h 57m | $16.6M | $11.6M | 75x |
Orderly PERP_FET_USDC
Bitget FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $43.05
- Price spread: +0.146% → 0.000%
- $14.64
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $39.69
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.44 bp | 13.3 bp −$13 | 30.4 bp −$304 | doesn't fit | 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 | −0.2183% | 1h | 0.2050 | +0.049% | $29K | $202K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1262% | 1h | 0.2051 | +0.106% | $1.0M | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2053 | +0.195% | $152K | $208K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2050 | +0.032% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.903% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2049 | +0.004% | $340K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2050 | +0.071% | $32.0M | $109.5M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2049 | 0.000% | $2.8M | $11.9M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2051 | +0.098% | $34.6M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2051 | +0.098% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
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 | 0.2042 | −0.331% | $359K | $399K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2049 | long leg | $38K | $6K | 10x | |
| Extended FET-USD | +0.0104% | 1h | 0.2050 | +0.029% | $33K | $189K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2049 | +0.015% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2048 | −0.049% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0288% | 8h | 0.2050 | +0.049% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0301% | 4h | 0.2055 | +0.293% | $1.0M | $8.0M | 20x | as long as short |
| Bitget FETUSDTshort | +0.0305% | 8h | 0.2052 | +0.146% | $16.6M | $11.6M | 75x | |
| Hyperliquid FET | +0.0310% | 1h | 0.2051 | +0.122% | $9.1M | $8.0M | 5x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2043 | −0.288% | $36K | $44K | 5x | as long as short |
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET