Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.019%
Price spread now: Injective against Orderly−0.332%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.332% cheaper against Orderly than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2107 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $37K | $12K | 10x |
| Short | Injective FET/USDC PERP | 0.2100 | 0.0033 | get 0.0004% / 1h | 0m 40s | $2K | $166K | 12x |
Orderly PERP_FET_USDC
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.332% → 0.000%
- −$33.22
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$53.24
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.3061% | 1h | 0.2107 | 0.000% | $43K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0736% | 1h | 0.2109 | +0.095% | $145K | $282K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0292% | 1h | 0.2111 | +0.194% | $1.1M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2099 | −0.359% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2100 | −0.332% | $2K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2117 | +0.479% | $193K | $764K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2116 | +0.415% | $32.3M | $111.1M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2115 | +0.380% | $1.1M | $8.0M | 20x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2114 | +0.332% | $3.0M | $12.7M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2112 | +0.237% | $11.0M | $17.6M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
Gate FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FETUSDT | +0.0100% | 8h | 0.2116 | +0.427% | $17.4M | $11.5M | 75x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2108 | +0.053% | $313K | $573K | — | as long as short |
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2107 | long leg | $37K | $12K | 10x | |
| MEXC FET_USDT | +0.0101% | 8h | 0.2114 | +0.332% | $30.9M | $25.8M | 200x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2114 | +0.351% | $32K | $203K | 10x | as long as short |
| BingX FET-USDT | +0.0118% | 8h | 0.2115 | +0.380% | — | $5.6M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0203% / S −0.0301% | 1h | 0.2106 | −0.031% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0221% | 8h | 0.2108 | +0.047% | $1.8M | $3.5M | 100x | as long as short |
| Phoenix FET | +0.0594% | 1h | 0.2102 | −0.218% | $36K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0774% | 1h | 0.2112 | +0.261% | $9.3M | $7.8M | 5x | as long as short |
Bitget FETUSDT
Variational Omni FET
MEXC FET_USDT
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET