Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h 0.000%
Price spread now: OKX against MEXC+0.100%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.100%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.120% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FET_USDT | 0.2010 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $34.6M | $25.1M | 200x |
| Short | OKX FET-USDT-SWAP | 0.2012 | 0.0142 | get 0.0071% / 4h | 1h 46m | $854K | $7.5M | 20x |
MEXC FET_USDT
OKX FET-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $8.81
- Price spread: +0.100% → −0.020%
- $11.99
- Slippage, 4 orders
- −$38.77
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.97
- Costs to cover
- 0.488%
- Break-even
- 29.2 days
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 1 min ago.
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 | 7.6 bp −$76 | 48.6 bp −$4,858 | 175.9 bp −$87.9K |
| Sell OKX live order book, 1 min ago | 2.48 bp | 20.7 bp −$21 | 63.8 bp −$638 | doesn't fit | doesn't fit |
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 | −0.4212% | 1h | 0.2008 | −0.100% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2011 | +0.050% | $157K | $189K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2009 | −0.068% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0034% | 8h | 0.2008 | −0.100% | $2.7M | $11.8M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2012 | +0.085% | $8.9M | $7.8M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2011 | +0.044% | $340K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2010 | −0.006% | $31.4M | $107.3M | 75x | as long as short |
| MEXC FET_USDTlong | +0.0100% | 8h | 0.2010 | long leg | $34.6M | $25.1M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2010 | 0.000% | $10.3M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2006 | −0.183% | $273K | $316K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2007 | −0.149% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2010 | −0.014% | $33K | $189K | 10x | as long as short |
| OKX FET-USDT-SWAPshort | +0.0142% | 4h | 0.2012 | +0.100% | $854K | $7.5M | 20x | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2007 | −0.154% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2009 | −0.050% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0272% | 8h | 0.2010 | 0.000% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0294% | 8h | 0.2012 | +0.100% | $16.4M | $11.3M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0360% | 1h | 0.2012 | +0.087% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | 0.000% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2007 | −0.134% | $27K | $36K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET