Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h +0.019%
Price spread now: Injective against MEXC−0.199%7-day average −0.553% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.613%−$61 · spread now −0.199%, 7d avg −0.553%
=The price spread pays, funding is against you. Injective is 0.355% dearer against MEXC than usual: you sell high and buy low (spread −0.199% now, against its 7-day average of −0.553%): +$35 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FET_USDT | 0.2014 | 0.0123 | pay 0.0123% / 8h | 17m 06s | $29.8M | $25.1M | 200x |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0033 | get 0.0004% / 1h | 17m 06s | $3K | $166K | 12x |
MEXC FET_USDT
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$18.83
- Price spread: −0.199% → −0.553%
- $35.47
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $16.62
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 min ago; Injective: no order-book sample. 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 MEXC live order book, 2 min ago | 2.49 bp | 2.5 bp −$2 | 7.8 bp −$78 | 73.3 bp −$7,327 | 204.9 bp −$102.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.3706% | 1h | 0.2014 | 0.000% | $41K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0792% | 1h | 0.2016 | +0.099% | $152K | $261K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0011% | 1h | 0.2017 | +0.131% | $995K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2013 | −0.062% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2010 | −0.199% | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2014 | 0.000% | $187K | $751K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2014 | 0.000% | $2.7M | $12.8M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2016 | +0.099% | $10.5M | $17.9M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2004 | −0.489% | $274K | $524K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2012 | −0.099% | $36K | $11K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Aster FETUSDT
Gate FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FET_USDTlong | +0.0123% | 8h | 0.2014 | long leg | $29.8M | $25.1M | 200x | |
| Binance FETUSDT | +0.0127% | 8h | 0.2016 | +0.099% | $30.8M | $111.8M | 75x | as long as short |
| Extended FET-USD | +0.0128% | 1h | 0.2014 | +0.022% | $37K | $200K | 10x | as long as short |
| Bitget FETUSDT | +0.0137% | 8h | 0.2015 | +0.050% | $16.5M | $11.6M | 75x | as long as short |
| BingX FET-USDT | +0.0138% | 8h | 0.2016 | +0.099% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2012 | −0.086% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0247% | 8h | 0.2016 | +0.099% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0282% | 4h | 0.2016 | +0.099% | $1.0M | $8.0M | 20x | as long as short |
| Phoenix FET | +0.0597% | 1h | 0.2009 | −0.263% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0633% | 1h | 0.2017 | +0.154% | $8.5M | $8.5M | 5x | as long as short |
Binance FETUSDT
Extended FET-USD
Bitget FETUSDT
BingX FET-USDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET