Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against BingX−0.201%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.201%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 0.213% cheaper against BingX than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of +0.012%). If the spread goes back, that is −$21 on $10k: about 5.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.020% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VET-USDT | 0.008950 | 0.0100 | pay 0.0100% / 8h | 2h 36m | — | $2.5M | — |
| Short | BloFin VET-USDT | 0.008932 | 0.0220 | get 0.0220% / 8h | 2h 36m | $391K | $469K | 75x |
BingX VET-USDT
BloFin VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: −0.201% → +0.012%
- −$21.32
- Slippage, 4 orders
- −$55.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.64
- Costs to cover
- 0.775%
- Break-even
- 27.5 days
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 54 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 BingX live order book, 8 min ago | 3.92 bp | 18.0 bp −$18 | 40.7 bp −$407 | 273.8 bp −$27.4K | 618.5 bp −$309.3K |
| Sell BloFin live order book, 54 min ago | 8.31 bp | 18.6 bp −$19 | 34.0 bp −$340 | 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 0.0000% / S +0.0006% | 1h | 0.008955 | +0.056% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.570% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008958 | +0.089% | $6.1M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008957 | +0.078% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008928 | −0.246% | $472K | $216K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008952 | +0.022% | $8.0M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008951 | +0.011% | $4.8M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008956 | +0.067% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDTlong | +0.0100% | 8h | 0.008950 | long leg | — | $2.5M | — | |
| Variational Omni VET | +0.0100% | 8h | 0.008922 | −0.312% | $27K | $392 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
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 | 0.008932 | −0.201% | $391K | $469K | 75x | |
| Kraken Futures PF_VETUSD | +0.3479% | 1h | 0.008960 | +0.109% | $124K | $130K | 10x | as long as short |
Kraken Futures PF_VETUSD