Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.026%
Price spread now: MEXC against GMX−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.046% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FET/USD [ETH-USDC] | 0.2036 | L +0.0201% / S −0.0278% | pay 0.0025% / 1h | 3m 23s | $14K | — | 100x |
| Short | MEXC FET_USDT | 0.2035 | 0.0100 | get 0.0100% / 8h | 7h 03m | $33.3M | $25.2M | 200x |
GMX FET/USD [ETH-USDC]
MEXC FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GMX. 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
- −$21.28
- Price spread: −0.046% → 0.000%
- −$4.57
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$37.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 5 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 2.43 bp | 4.6 bp −$5 | 9.9 bp −$99 | 50.9 bp −$5,091 | 192.7 bp −$96.4K |
GMX: 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 | −0.4604% | 1h | 0.2050 | +0.691% | $30K | $223K | 10x | as long as short |
| Kraken Futures PF_FETUSD | −0.1262% | 1h | 0.2051 | +0.743% | $997K | $2.2M | 50x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0704% | 1h | 0.2059 | +1.133% | $151K | $215K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2037 | +0.030% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.274% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0039% | 8h | 0.2035 | −0.046% | $2.8M | $12.5M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2035 | −0.028% | $338K | $546K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2038 | +0.090% | $31.8M | $110.9M | 75x | as long as short |
| MEXC FET_USDTshort | +0.0100% | 8h | 0.2035 | −0.046% | $33.3M | $25.2M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2037 | +0.053% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Kraken Futures PF_FETUSD
Coinbase International FET-PERP-INTX
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 | 0.2044 | +0.402% | $359K | $400K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2036 | +0.003% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2037 | +0.068% | $34K | $244K | 10x | as long as short |
| GMX FET/USD [ETH-USDC]long | L +0.0201% / S −0.0278% | 1h | 0.2036 | long leg | $14K | — | 100x | |
| OKX FET-USDT-SWAP | +0.0205% | 4h | 0.2038 | +0.102% | $1.0M | $8.1M | 20x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2049 | +0.642% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDT | +0.0277% | 8h | 0.2036 | +0.003% | — | $5.7M | — | as long as short |
| Bitget FETUSDT | +0.0280% | 8h | 0.2039 | +0.151% | $16.4M | $11.6M | 75x | as long as short |
| Hyperliquid FET | +0.0328% | 1h | 0.2040 | +0.180% | $9.1M | $8.3M | 5x | as long as short |
| Phoenix FET | +0.0467% | 1h | 0.2052 | +0.770% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET