Settings8H · net · $10k
Funding arb · Price arb /

FET

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_FET_USDC0.20000.0100pay 0.0100% / 8h1h 50m$37K$7K10x
ShortMEXC FET_USDT0.20030.0100get 0.0100% / 8h1h 50m$29.3M$25.1M200x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell MEXC live order book, 3 min ago2.50 bp6.5 bp −$710.0 bp −$10043.7 bp −$4,367188.2 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit FET_USDC-PERPETUAL−0.3732%1h0.2001+0.050%$41K$312K10xas long as short
Coinbase International FET-PERP-INTX−0.0688%1h0.2023+1.150%$152K$265K50xas long as short
gTrade (Gains Network) FET/USDL +0.0006% / S −0.0004%1h0.2003+0.160%$20K150xas long as short
Injective FET/USDC PERP+0.0033%1h0.2010+0.500%$3K$166K12xas long as short
Aster FETUSDT+0.0100%8h0.2002+0.121%$190K$817K10xas long as short
Binance FETUSDT+0.0100%8h0.2005+0.248%$30.6M$114.9M75xas long as short
Gate FET_USDT+0.0100%8h0.2001+0.050%$2.6M$12.8M50xas long as short
MEXC FET_USDTshort+0.0100%8h0.2003+0.150%$29.3M$25.1M200x
KuCoin FETUSDTM+0.0100%8h0.2006+0.300%$10.4M$18.4M50xas long as short
Variational Omni FET+0.0100%8h0.2002+0.108%$284K$491Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_FET_USDClong+0.0100%8h0.2000long leg$37K$7K10x
Extended FET-USD+0.0104%1h0.2004+0.208%$33K$202K10xas long as short
BingX FET-USDT+0.0192%8h0.2004+0.200%$5.9Mas long as short
GMX FET/USD [ETH-USDC]L +0.0201% / S −0.0301%1h0.2003+0.144%$13K100xas long as short
Bitget FETUSDT+0.0202%8h0.2004+0.200%$16.3M$11.9M75xas long as short
BloFin FET-USDT+0.0220%8h0.2005+0.250%$1.7M$3.2M100xas long as short
OKX FET-USDT-SWAP+0.0457%4h0.2005+0.250%$989K$8.2M20xas long as short
Hyperliquid FET+0.0549%1h0.2007+0.330%$8.5M$8.4M5xas long as short
Phoenix FET+0.0635%1h0.2003+0.170%$35K$38K5xas long as short
Kraken Futures PF_FETUSD+0.0649%1h0.2004+0.186%$1.0M$2.1M50xas long as short