Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.028%
Price spread now: Injective against BingX−0.495%7-day average −0.578% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.495%, 7d avg −0.578%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.083% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.578%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FET-USDT | 0.2020 | 0.0191 | pay 0.0191% / 8h | 2h 21m | — | $5.6M | — |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0371 | get 0.0046% / 1h | 21m 24s | $3K | $166K | 12x |
BingX FET-USDT
Injective FET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- $37.74
- Price spread: −0.495% → −0.578%
- $8.33
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $36.05
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago | 4.99 bp | 10.0 bp −$10 | 16.7 bp −$167 | 49.4 bp −$4,935 | 365.1 bp −$182.5K |
| 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 | −0.4683% | 1h | 0.2017 | −0.149% | $27K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | +0.099% | $161K | $189K | 50x | as long as short |
| Gate FET_USDT | −0.0028% | 8h | 0.2017 | −0.149% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2018 | −0.082% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2021 | +0.050% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2021 | +0.051% | $348K | $529K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2018 | −0.105% | $31.5M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2023 | +0.149% | $862K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2016 | −0.198% | $35.0M | $25.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2018 | −0.099% | $10.4M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
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 | 0.2019 | −0.028% | $273K | $315K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2015 | −0.248% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2017 | −0.140% | $32K | $144K | 10x | as long as short |
| BingX FET-USDTlong | +0.0191% | 8h | 0.2020 | long leg | — | $5.6M | — | |
| Bitget FETUSDT | +0.0197% | 8h | 0.2020 | 0.000% | $16.5M | $11.4M | 75x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2016 | −0.195% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2022 | +0.099% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0229% | 1h | 0.2019 | −0.059% | $9.0M | $7.7M | 5x | as long as short |
| Injective FET/USDC PERPshort | +0.0371% | 1h | 0.2010 | −0.495% | $3K | $166K | 12x | |
| Phoenix FET | +0.0476% | 1h | 0.2020 | −0.015% | $27K | $37K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
Bitget FETUSDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Hyperliquid FET
Phoenix FET