Funding you earn now, next payment 00:00 UTC+0.0211%/8h= +23.1% APRnext payment +$2.11 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.197%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$350.345% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.197%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.184% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.11 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 | 0.2030 | 0.0100 | pay 0.0100% / 8h | 26m 01s | $34.3M | $25.0M | 200x |
| Short | Bitget FETUSDT | 0.2034 | 0.0311 | get 0.0311% / 8h | 26m 01s | $16.4M | $11.5M | 75x |
MEXC FET_USDT
Bitget FETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $44.31
- Price spread: +0.197% → +0.013%
- $18.41
- Slippage, 4 orders
- −$22.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $28.22
- Costs to cover
- 0.345%
- Break-even
- 2.5 days
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 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 | 2.45 bp | 4.1 bp −$4 | 8.7 bp −$87 | 45.4 bp −$4,541 | 188.9 bp −$94.4K |
| Sell Bitget live order book, 3 min ago | 2.45 bp | 16.5 bp −$16 | 32.3 bp −$323 | 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 | −0.3185% | 1h | 0.2031 | +0.049% | $28K | $201K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2043 | +0.640% | $153K | $202K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0480% | 1h | 0.2032 | +0.082% | $998K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2032 | +0.106% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.985% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0051% | 8h | 0.2031 | +0.049% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2032 | +0.108% | $338K | $543K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2031 | +0.055% | $31.7M | $108.7M | 75x | as long as short |
| MEXC FET_USDTlong | +0.0100% | 8h | 0.2030 | long leg | $34.3M | $25.0M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2031 | +0.049% | $10.5M | $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
Injective FET/USDC PERP
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 | 0.2035 | +0.259% | $298K | $339K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2030 | 0.000% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2031 | +0.041% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2031 | +0.029% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2039 | +0.443% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0298% | 8h | 0.2031 | +0.049% | — | $5.7M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0302% | 4h | 0.2034 | +0.197% | $982K | $7.8M | 20x | as long as short |
| Bitget FETUSDTshort | +0.0311% | 8h | 0.2034 | +0.197% | $16.4M | $11.5M | 75x | |
| Phoenix FET | +0.0508% | 1h | 0.2043 | +0.660% | $36K | $45K | 5x | as long as short |
| Hyperliquid FET | +0.0522% | 1h | 0.2034 | +0.192% | $9.0M | $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
BingX FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET