Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Binance+0.356%61s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)−0.417%−$42 · spread now +0.356%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.340% dearer against Binance than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 61 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 | Binance VETUSDT | 0.009269 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $6.6M | $15.4M | 75x |
| Short | BloFin VET-USDT | 0.009302 | 0.0220 | get 0.0220% / 8h | 7h 58m | $408K | $529K | 75x |
Binance VETUSDT
BloFin VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: +0.356% → +0.016%
- $34.02
- Slippage, 4 orders
- −$47.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.15
- Costs to cover
- 0.694%
- Break-even
- 9.8 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 13 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 Binance live order book, 12 min ago | 0.54 bp | 17.0 bp −$17 | 45.7 bp −$457 | 705.5 bp −$70.5K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 0.54 bp | 14.3 bp −$14 | 29.3 bp −$293 | doesn't fit | doesn't fit |
VET on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009269 | +0.005% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | −0.960% | $7 | $152K | 12x | as long as short |
| Binance VETUSDTlong | +0.0100% | 8h | 0.009269 | long leg | $6.6M | $15.4M | 75x | |
| Bybit VETUSDT | +0.0100% | 8h | 0.009263 | −0.065% | $6.1M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009258 | −0.119% | $509K | $217K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009275 | +0.065% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009295 | +0.281% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009273 | +0.043% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009264 | −0.054% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009301 | +0.348% | $28K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VETShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDTshort | +0.0220% | 8h | 0.009302 | +0.356% | $408K | $529K | 75x | |
| Kraken Futures PF_VETUSD | +0.1536% | 1h | 0.009351 | +0.882% | $134K | $116K | 10x | as long as short |
Kraken Futures PF_VETUSD