Funding you earn now, next payment 10:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.008%
Price spread now: Injective against BloFin+1.325%7-day average −0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)−1.439%−$144 · spread now +1.325%, 7d avg −0.139%
=The price spread pays, funding is against you. Injective is 1.464% dearer against BloFin than usual: you sell high and buy low (spread +1.325% now, against its 7-day average of −0.139%): +$146 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 days. At the pace of the last 7 days (−0.119% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.119% in total (about -6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VET-USDT | 0.009060 | 0.0220 | pay 0.0220% / 8h | 6h 20m | $397K | $454K | 75x |
| Short | Injective VET/USDC PERP | 0.009180 | 0.0033 | get 0.0004% / 1h | 20m 48s | $7 | $152K | 12x |
BloFin VET-USDT
Injective VET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- −$39.2
- Price spread: +1.325% → −0.139%
- $146.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $95.15
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 28 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 BloFin live order book, 28 min ago | 1.11 bp | 22.2 bp −$22 | 49.5 bp −$495 | 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 exchanges
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 | 0.009085 | +0.272% | $19K | — | 150x | as long as short |
| Injective VET/USDC PERPshort | +0.0033% | 1h | 0.009180 | +1.325% | $7 | $152K | 12x | |
| KuCoin VETUSDTM | +0.0087% | 8h | 0.009083 | +0.254% | $4.9M | $4.1M | 50x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009081 | +0.232% | $6.2M | $14.3M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009079 | +0.210% | $6.0M | $4.1M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009073 | +0.143% | $484K | $176K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009081 | +0.232% | $8.4M | $1.2M | 125x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009087 | +0.298% | $4.9M | $2.0M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009078 | +0.199% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009070 | +0.106% | $27K | $357 | — | as long as short |
gTrade (Gains Network) VET/USD
KuCoin VETUSDTM
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
Bitget VETUSDT
BingX VET-USDT
Variational Omni VETShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_VETUSD | +0.0124% | 1h | 0.009093 | +0.362% | $122K | $132K | 10x | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.009060 | long leg | $397K | $454K | 75x |
Kraken Futures PF_VETUSD