Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.035%
Price spread now: Injective against Binance+1.865%47s7-day average −0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−2.387%−$239 · spread now +1.865%, 7d avg −0.119%
=The price spread pays, funding is against you. Injective is 1.984% dearer against Binance than usual: you sell high and buy low (spread +1.865% now, against its 7-day average of −0.119%): +$198 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 47 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 | 0.009012 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $6.2M | $14.7M | 75x |
| Short | Injective VET/USDC PERP | 0.009180 | 0.0033 | get 0.0004% / 1h | 20m 37s | $7 | $152K | 12x |
Binance VETUSDT
Injective VET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.865% → −0.119%
- $198.42
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $174.4
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 5 min ago; Injective: no order-book sample. 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 Binance live order book, 5 min ago | 0.56 bp | 18.8 bp −$19 | 49.8 bp −$498 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
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 0.0000% / S +0.0006% | 1h | 0.008987 | −0.274% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERPshort | +0.0033% | 1h | 0.009180 | +1.865% | $7 | $152K | 12x | |
| Binance VETUSDTlong | +0.0100% | 8h | 0.009012 | long leg | $6.2M | $14.7M | 75x | |
| Bybit VETUSDT | +0.0100% | 8h | 0.009008 | −0.044% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008994 | −0.199% | $478K | $216K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009008 | −0.044% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009009 | −0.033% | $4.9M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009008 | −0.044% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009005 | −0.077% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.008973 | −0.433% | $27K | $192 | — | as long as short |
gTrade (Gains Network) VET/USD
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-USDT | +0.0220% | 8h | 0.008987 | −0.277% | $391K | $471K | 75x | as long as short |
| Kraken Futures PF_VETUSD | +0.3440% | 1h | 0.009061 | +0.546% | $128K | $129K | 10x | as long as short |
BloFin VET-USDT
Kraken Futures PF_VETUSD