Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Orderly+0.150%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.150% dearer against Orderly than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FET_USDC | 0.2000 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $37K | $7K | 10x |
| Short | MEXC FET_USDT | 0.2003 | 0.0100 | get 0.0100% / 8h | 1h 50m | $29.3M | $25.1M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Orderly. 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
- $0
- Price spread: +0.150% → 0.000%
- $15
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $9
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 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 Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 2.50 bp | 6.5 bp −$7 | 10.0 bp −$100 | 43.7 bp −$4,367 | 188.2 bp −$94.1K |
Orderly: 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 | −0.3732% | 1h | 0.2001 | +0.050% | $41K | $312K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0688% | 1h | 0.2023 | +1.150% | $152K | $265K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.2003 | +0.160% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.500% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2002 | +0.121% | $190K | $817K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2005 | +0.248% | $30.6M | $114.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2001 | +0.050% | $2.6M | $12.8M | 50x | as long as short |
| MEXC FET_USDTshort | +0.0100% | 8h | 0.2003 | +0.150% | $29.3M | $25.1M | 200x | |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2006 | +0.300% | $10.4M | $18.4M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2002 | +0.108% | $284K | $491K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDClong | +0.0100% | 8h | 0.2000 | long leg | $37K | $7K | 10x | |
| Extended FET-USD | +0.0104% | 1h | 0.2004 | +0.208% | $33K | $202K | 10x | as long as short |
| BingX FET-USDT | +0.0192% | 8h | 0.2004 | +0.200% | — | $5.9M | — | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.2003 | +0.144% | $13K | — | 100x | as long as short |
| Bitget FETUSDT | +0.0202% | 8h | 0.2004 | +0.200% | $16.3M | $11.9M | 75x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2005 | +0.250% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0457% | 4h | 0.2005 | +0.250% | $989K | $8.2M | 20x | as long as short |
| Hyperliquid FET | +0.0549% | 1h | 0.2007 | +0.330% | $8.5M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0635% | 1h | 0.2003 | +0.170% | $35K | $38K | 5x | as long as short |
| Kraken Futures PF_FETUSD | +0.0649% | 1h | 0.2004 | +0.186% | $1.0M | $2.1M | 50x | as long as short |
MEXC FET_USDT
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
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
BingX FET-USDT
GMX FET/USD [ETH-USDC]
Bitget FETUSDT
BloFin FET-USDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET
Kraken Futures PF_FETUSD