Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.019%
Price spread now: MEXC against Injective+0.050%7-day average +0.598% · you sell dearer than you buy
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)+0.575%+$57 · spread now +0.050%, 7d avg +0.598%
=Funding pays, the price is against you. MEXC is 0.549% cheaper against Injective than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.598%). If the spread goes back, that is −$55 on $10k: about 27 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective FET/USDC PERP | 0.2010 | 0.0033 | pay 0.0004% / 1h | 19m 00s | $3K | $166K | 12x |
| Short | MEXC FET_USDT | 0.2011 | 0.0100 | get 0.0100% / 8h | 4h 19m | $31.3M | $24.7M | 200x |
Injective FET/USDC PERP
MEXC FET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: +0.050% → +0.598%
- −$54.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$40.88
- Costs to cover
- 0.000%
- Break-even
- 27.4 days
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 2.48 bp | 2.5 bp −$2 | 8.1 bp −$81 | 50.4 bp −$5,044 | 187.6 bp −$93.8K |
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 | +0.199% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2019 | +0.448% | $146K | $243K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0456% | 1h | 0.2016 | +0.309% | $995K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.2013 | +0.161% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2013 | +0.149% | $200K | $805K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2012 | +0.100% | $30.8M | $113.7M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2012 | +0.100% | $2.7M | $12.5M | 50x | as long as short |
| MEXC FET_USDTshort | +0.0100% | 8h | 0.2011 | +0.050% | $31.3M | $24.7M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2012 | +0.100% | $10.6M | $18.8M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
Gate 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 | 0.2015 | +0.255% | $337K | $418K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2012 | +0.100% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2011 | +0.064% | $33K | $252K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2013 | +0.126% | $13K | — | 100x | as long as short |
| Hyperliquid FET | +0.0208% | 1h | 0.2015 | +0.254% | $8.7M | $8.4M | 5x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2016 | +0.299% | $1.5M | $3.1M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0232% | 4h | 0.2015 | +0.249% | $1.0M | $8.2M | 20x | as long as short |
| BingX FET-USDT | +0.0276% | 8h | 0.2014 | +0.199% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0283% | 8h | 0.2014 | +0.199% | $16.3M | $11.9M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2022 | +0.592% | $35K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BloFin FET-USDT
OKX FET-USDT-SWAP
BingX FET-USDT
Bitget FETUSDT
Phoenix FET