Funding you earn now, next payment 08:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h +0.001%
Price spread now: BingX against OKX−0.050%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.050%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.060% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.090%, 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 | OKX FET-USDT-SWAP | 0.1982 | 0.0359 | pay 0.0179% / 4h | 2h 33m | $973K | $8.1M | 20x |
| Short | BingX FET-USDT | 0.1981 | 0.0193 | get 0.0193% / 8h | 2h 33m | — | $6.0M | — |
OKX FET-USDT-SWAP
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- −$34.82
- Price spread: −0.050% → +0.009%
- −$5.96
- Slippage, 4 orders
- −$42.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.42
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 2 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 OKX live order book, 5 min ago | 2.52 bp | 20.5 bp −$20 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.03 bp | 14.3 bp −$14 | 18.8 bp −$188 | 88.3 bp −$8,826 | 370.0 bp −$185.0K |
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 | −0.3273% | 1h | 0.1980 | −0.101% | $38K | $299K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1995 | +0.656% | $149K | $259K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1978 | −0.227% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +1.413% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1981 | −0.046% | $189K | $810K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1982 | 0.000% | $30.2M | $114.5M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1979 | −0.151% | $2.6M | $12.8M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1982 | 0.000% | $29.4M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1980 | −0.101% | $10.3M | $18.5M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.1986 | +0.212% | $273K | $479K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
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 | 0.1979 | −0.151% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1980 | −0.100% | $33K | $198K | 10x | as long as short |
| Bitget FETUSDT | +0.0193% | 8h | 0.1980 | −0.101% | $16.0M | $11.8M | 75x | as long as short |
| BingX FET-USDTshort | +0.0193% | 8h | 0.1981 | −0.050% | — | $6.0M | — | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1978 | −0.215% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.1980 | −0.101% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0359% | 4h | 0.1982 | long leg | $973K | $8.1M | 20x | |
| Kraken Futures PF_FETUSD | +0.0463% | 1h | 0.1983 | +0.056% | $1.0M | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.1996 | +0.721% | $35K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0864% | 1h | 0.1983 | +0.064% | $8.4M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
Bitget FETUSDT
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET