Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Orderly+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against Orderly than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2012 | 0.0100 | pay 0.0100% / 8h | 17m 22s | $36K | $11K | 10x |
| Short | gTrade (Gains Network) FET/USD | 0.2013 | L +0.0006% / S −0.0004% | get 0.0000% / 1h | 17m 22s | $20K | — | 150x |
Orderly PERP_FET_USDC
gTrade (Gains Network) FET/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.22
- Price spread: +0.038% → 0.000%
- $3.78
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$32.44
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): 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 Orderly no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Orderly and gTrade (Gains Network): 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 | −0.3706% | 1h | 0.2014 | +0.099% | $41K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0792% | 1h | 0.2016 | +0.199% | $152K | $261K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0011% | 1h | 0.2017 | +0.231% | $995K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USDshort | L +0.0006% / S −0.0004% | 1h | 0.2013 | +0.038% | $20K | — | 150x | |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.099% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2014 | +0.099% | $187K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2013 | +0.050% | $2.7M | $12.8M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2013 | +0.050% | $10.5M | $17.9M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2004 | −0.390% | $274K | $524K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2012 | long leg | $36K | $11K | 10x |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FET_USDT | +0.0123% | 8h | 0.2014 | +0.099% | $29.8M | $25.1M | 200x | as long as short |
| Binance FETUSDT | +0.0127% | 8h | 0.2016 | +0.199% | $30.8M | $111.8M | 75x | as long as short |
| Extended FET-USD | +0.0128% | 1h | 0.2014 | +0.121% | $37K | $200K | 10x | as long as short |
| Bitget FETUSDT | +0.0137% | 8h | 0.2015 | +0.149% | $16.5M | $11.6M | 75x | as long as short |
| BingX FET-USDT | +0.0138% | 8h | 0.2014 | +0.099% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2010 | −0.080% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0247% | 8h | 0.2016 | +0.199% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0282% | 4h | 0.2016 | +0.199% | $1.0M | $8.0M | 20x | as long as short |
| Phoenix FET | +0.0597% | 1h | 0.2009 | −0.164% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0631% | 1h | 0.2016 | +0.194% | $8.5M | $8.5M | 5x | as long as short |
MEXC FET_USDT
Binance FETUSDT
Extended FET-USD
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET