Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.039%
Price spread now: MEXC against Injective+1.393%115s7-day average +0.553% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 3 days (all we have)−0.661%−$66 · spread now +1.393%, 7d avg +0.553%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.840% dearer against Injective than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of +0.553%. Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 5m 31s | $3K | $166K | 12x |
| Short | MEXC FET_USDT | 0.2038 | 0.0100 | get 0.0100% / 8h | 5m 31s | $34.4M | $25.1M | 200x |
Injective FET/USDC PERP
MEXC FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $14
- Price spread: +1.393% → +0.553%
- $83.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $97.96
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: 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 MEXC live order book, 3 min ago | 2.44 bp | 2.4 bp −$2 | 8.2 bp −$82 | 53.6 bp −$5,363 | 196.1 bp −$98.0K |
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 | −0.2693% | 1h | 0.2033 | +1.144% | $29K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2043 | +1.642% | $152K | $207K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0478% | 1h | 0.2038 | +1.405% | $995K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2038 | +1.376% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Gate FET_USDT | +0.0057% | 8h | 0.2034 | +1.194% | $2.8M | $12.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2037 | +1.327% | $338K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2037 | +1.347% | $31.9M | $109.3M | 75x | as long as short |
| MEXC FET_USDTshort | +0.0100% | 8h | 0.2038 | +1.393% | $34.4M | $25.1M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2037 | +1.343% | $10.8M | $19.2M | 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
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 | 0.2033 | +1.155% | $358K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2033 | +1.144% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2036 | +1.272% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2032 | +1.097% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2039 | +1.443% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0287% | 8h | 0.2036 | +1.294% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0293% | 4h | 0.2040 | +1.493% | $994K | $7.9M | 20x | as long as short |
| Bitget FETUSDT | +0.0299% | 8h | 0.2039 | +1.443% | $16.4M | $11.5M | 75x | as long as short |
| Hyperliquid FET | +0.0412% | 1h | 0.2041 | +1.519% | $9.0M | $8.0M | 5x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2039 | +1.448% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Hyperliquid FET
Phoenix FET