Funding you earn now, next payment 08:00 UTC+0.0284%/8h= +31.1% APRnext payment +$2.84 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against MEXC+0.099%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days−0.130%−$13 · spread now +0.099%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.107% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.84 per $10,000. 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 | MEXC FET_USDT | 0.2023 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $30.2M | $24.1M | 200x |
| Short | BingX FET-USDT | 0.2025 | 0.0384 | get 0.0384% / 8h | 5h 41m | — | $6.0M | — |
MEXC FET_USDT
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $59.64
- Price spread: +0.099% → −0.008%
- $10.69
- Slippage, 4 orders
- −$25.89
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $34.43
- Costs to cover
- 0.359%
- Break-even
- 3.0 days
Slippage from MEXC: live order book, 7 min ago; BingX: live order book, 8 min ago.
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 MEXC live order book, 7 min ago | 2.47 bp | 2.5 bp −$2 | 7.5 bp −$75 | 48.2 bp −$4,823 | 190.9 bp −$95.5K |
| Sell BingX live order book, 8 min ago | 4.94 bp | 11.9 bp −$12 | 18.3 bp −$183 | 73.1 bp −$7,309 | 362.3 bp −$181.2K |
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 | −0.3677% | 1h | 0.2029 | +0.297% | $30K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0872% | 1h | 0.2033 | +0.494% | $149K | $221K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2028 | +0.264% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.643% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2025 | +0.101% | $258K | $719K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2025 | +0.108% | $31.4M | $111.4M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2022 | −0.049% | $2.7M | $12.2M | 50x | as long as short |
| MEXC FET_USDTlong | +0.0100% | 8h | 0.2023 | long leg | $30.2M | $24.1M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2023 | 0.000% | $10.6M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2024 | +0.057% | $334K | $420K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2028 | +0.247% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2023 | −0.002% | $35K | $252K | 10x | as long as short |
| Kraken Futures PF_FETUSD | +0.0115% | 1h | 0.2031 | +0.401% | $987K | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2027 | +0.212% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2034 | +0.544% | $1.7M | $2.9M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0249% | 4h | 0.2027 | +0.198% | $1.0M | $8.1M | 20x | as long as short |
| BingX FET-USDTshort | +0.0384% | 8h | 0.2025 | +0.099% | — | $6.0M | — | |
| Bitget FETUSDT | +0.0407% | 8h | 0.2026 | +0.148% | $16.4M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2024 | +0.025% | $35K | $39K | 5x | as long as short |
| Hyperliquid FET | +0.0715% | 1h | 0.2025 | +0.099% | $8.9M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Bitget FETUSDT
Phoenix FET
Hyperliquid FET