Funding you earn now, next payment 01:00 UTC+0.1463%/8h= +160.2% APRpaid last 24h −0.060%
Price spread now: Kraken Futures against BingX+0.124%7-day average +0.300% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.699%+$70 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now +0.124%, 7d avg +0.300%
=Funding pays, the price is against you. Kraken Futures is 0.177% cheaper against BingX than usual: you would sell low and buy high (spread +0.124% now, against its 7-day average of +0.300%). If the spread goes back, that is −$18 on $10k: about 10 hours of funding at the current rate (+$44 a day). At the pace of the last 7 days (+0.699% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.699% in total (about 36.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VET-USDT | 0.009178 | 0.0100 | pay 0.0100% / 8h | 7h 37m | — | $2.5M | — |
| Short | Kraken Futures PF_VETUSD | 0.009189 | 0.1563 | get 0.0195% / 1h | 37m 55s | $130K | $118K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $307.32
- Price spread: +0.124% → +0.300%
- −$17.68
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $269.64
- Costs to cover
- 0.200%
- Break-even
- 0.9 days
Slippage unknown: BingX: live order book, 7 min ago; Kraken Futures: live order book, 34 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 BingX live order book, 7 min ago | 4.89 bp | 24.4 bp −$24 | 49.9 bp −$499 | 294.9 bp −$29.5K | 596.2 bp −$298.1K |
| Sell Kraken Futures live order book, 34 min ago | 15.03 bp | 796.9 bp −$797 | doesn't fit | 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 | 0.009199 | +0.229% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +0.022% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009173 | −0.059% | $6.4M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009166 | −0.131% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009181 | +0.033% | $507K | $223K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009176 | −0.022% | $8.2M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009181 | +0.033% | $5.2M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009185 | +0.076% | $5.0M | $2.0M | 50x | as long as short |
| BingX VET-USDTlong | +0.0100% | 8h | 0.009178 | long leg | — | $2.5M | — | |
| Variational Omni VET | +0.0100% | 8h | 0.009211 | +0.355% | $28K | $410 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDT | +0.0220% | 8h | 0.009199 | +0.229% | $402K | $565K | 75x | as long as short |
| Kraken Futures PF_VETUSDshort | +0.1563% | 1h | 0.009189 | +0.124% | $130K | $118K | 10x |
BingX VET-USDT
Kraken Futures PF_VETUSD
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 VET
BloFin VET-USDT