Funding you earn now, next payment 00:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h −0.039%
Price spread now: BingX against Injective+1.642%57s7-day average +0.581% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.155%−$16 on $10k
+Price spread, last 3 days (all we have)−0.937%−$94 · spread now +1.642%, 7d avg +0.581%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 1.061% dearer against Injective than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of +0.581%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FET/USDC PERP | 0.2010 | 0.0033 | pay 0.0004% / 1h | 32m 24s | $3K | $166K | 12x |
| Short | BingX FET-USDT | 0.2043 | 0.0311 | get 0.0311% / 8h | 32m 24s | — | $5.6M | — |
Injective FET/USDC PERP
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $58.31
- Price spread: +1.642% → +0.581%
- $106.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $154.36
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 4.90 bp | 12.8 bp −$13 | 16.3 bp −$163 | 40.3 bp −$4,035 | 354.7 bp −$177.3K |
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 | −0.2678% | 1h | 0.2043 | +1.642% | $28K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2055 | +2.239% | $154K | $204K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0477% | 1h | 0.2044 | +1.692% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2041 | +1.528% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Gate FET_USDT | +0.0061% | 8h | 0.2040 | +1.493% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2042 | +1.568% | $341K | $543K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2042 | +1.592% | $31.8M | $108.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2042 | +1.592% | $34.5M | $25.0M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2042 | +1.592% | $10.6M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
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 | 0.2037 | +1.357% | $298K | $339K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2041 | +1.542% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2041 | +1.556% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2041 | +1.536% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2044 | +1.692% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDTshort | +0.0311% | 8h | 0.2043 | +1.642% | — | $5.6M | — | |
| Bitget FETUSDT | +0.0318% | 8h | 0.2044 | +1.692% | $16.5M | $11.5M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0318% | 4h | 0.2044 | +1.692% | $987K | $7.8M | 20x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2041 | +1.527% | $36K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0595% | 1h | 0.2045 | +1.721% | $9.1M | $8.0M | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET