Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.010%
Price spread now: OKX against MEXC+0.099%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.099%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.115% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FET_USDT | 0.2015 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $29.9M | $24.0M | 200x |
| Short | OKX FET-USDT-SWAP | 0.2017 | 0.0193 | get 0.0097% / 4h | 46m 10s | $1.0M | $8.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $19.57
- Price spread: +0.099% → −0.016%
- $11.54
- Slippage, 4 orders
- −$31.36
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$10.24
- Costs to cover
- 0.414%
- Break-even
- 10.7 days
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago | 2.49 bp | 3.1 bp −$3 | 11.5 bp −$115 | 60.5 bp −$6,049 | 193.1 bp −$96.6K |
| Sell OKX live order book, 2 min ago | 2.49 bp | 14.1 bp −$14 | 57.1 bp −$571 | doesn't fit | doesn't fit |
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 | −0.4194% | 1h | 0.2016 | +0.050% | $38K | $305K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2011 | −0.199% | $147K | $235K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0456% | 1h | 0.2018 | +0.143% | $996K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2013 | −0.087% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.248% | $3K | $166K | 12x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2017 | +0.099% | $8.8M | $8.5M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | −0.075% | $205K | $805K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2016 | +0.052% | $31.1M | $113.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2015 | 0.000% | $2.7M | $12.5M | 50x | as long as short |
| MEXC FET_USDTlong | +0.0100% | 8h | 0.2015 | long leg | $29.9M | $24.0M | 200x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2016 | +0.050% | $10.6M | $18.8M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2016 | +0.056% | $337K | $423K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2015 | 0.000% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2015 | −0.005% | $35K | $249K | 10x | as long as short |
| OKX FET-USDT-SWAPshort | +0.0193% | 4h | 0.2017 | +0.099% | $1.0M | $8.2M | 20x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2013 | −0.091% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2013 | −0.099% | $1.7M | $3.1M | 100x | as long as short |
| BingX FET-USDT | +0.0315% | 8h | 0.2016 | +0.050% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0324% | 8h | 0.2016 | +0.050% | $16.3M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2015 | +0.010% | $35K | $39K | 5x | as long as short |
MEXC FET_USDT
OKX FET-USDT-SWAP
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET