Funding you earn now, next payment 09:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.016%
Price spread now: Injective against MEXC−1.277%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+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)+0.518%+$52 · spread now −1.277%, 7d avg −0.553%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 0.724% cheaper against MEXC than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of −0.553%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.248%, 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 | 0.2036 | 0.0130 | pay 0.0130% / 8h | 7h 29m | $30.3M | $25.1M | 200x |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0033 | get 0.0004% / 1h | 29m 07s | $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
- −$20.3
- Price spread: −1.277% → −0.553%
- −$72.44
- 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
- −$92.76
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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, 5 min ago | 2.46 bp | 2.5 bp −$2 | 13.2 bp −$132 | 60.1 bp −$6,012 | 196.8 bp −$98.4K |
| 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 | −0.2199% | 1h | 0.2037 | +0.049% | $42K | $313K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0736% | 1h | 0.2037 | +0.049% | $142K | $276K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0302% | 1h | 0.2040 | +0.213% | $1.0M | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2036 | +0.002% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERPshort | +0.0033% | 1h | 0.2010 | −1.277% | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2038 | +0.076% | $189K | $757K | 10x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2036 | 0.000% | $2.8M | $12.1M | 50x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2036 | 0.000% | $10.6M | $17.7M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2033 | −0.139% | $287K | $555K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2037 | +0.049% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FETUSDT | +0.0107% | 8h | 0.2037 | +0.049% | $16.7M | $11.7M | 75x | as long as short |
| Extended FET-USD | +0.0128% | 1h | 0.2036 | +0.023% | $30K | $202K | 10x | as long as short |
| Binance FETUSDT | +0.0128% | 8h | 0.2037 | +0.049% | $31.1M | $112.1M | 75x | as long as short |
| MEXC FET_USDTlong | +0.0130% | 8h | 0.2036 | long leg | $30.3M | $25.1M | 200x | |
| BingX FET-USDT | +0.0135% | 8h | 0.2038 | +0.098% | — | $5.9M | — | as long as short |
| OKX FET-USDT-SWAP | +0.0175% | 4h | 0.2037 | +0.049% | $1.0M | $8.0M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0301% | 1h | 0.2035 | −0.061% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0248% | 8h | 0.2037 | +0.049% | $1.7M | $3.3M | 100x | as long as short |
| Phoenix FET | +0.0594% | 1h | 0.2037 | +0.029% | $35K | $35K | 5x | as long as short |
| Hyperliquid FET | +0.0770% | 1h | 0.2038 | +0.088% | $8.6M | $8.5M | 5x | as long as short |
Bitget FETUSDT
Extended FET-USD
Binance FETUSDT
BingX FET-USDT
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Phoenix FET
Hyperliquid FET