Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.034%
Price spread now: MEXC against BloFin−0.546%109s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$540.544% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.600%+$60 · spread now −0.546%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.551% cheaper against BloFin than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 109 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 | BloFin VET-USDT | 0.008981 | 0.0220 | pay 0.0220% / 8h | 2h 33m | $392K | $471K | 75x |
| Short | MEXC VET_USDT | 0.008932 | 0.0100 | get 0.0100% / 8h | 2h 33m | $8.0M | $1.3M | 125x |
BloFin VET-USDT
MEXC VET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.2
- Price spread: −0.546% → +0.006%
- −$55.15
- Slippage, 4 orders
- −$38.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$134.71
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; MEXC: live order book, 4 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 BloFin live order book, 57 min ago | 8.31 bp | 18.5 bp −$19 | 37.0 bp −$370 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.68 bp | 8.7 bp −$9 | 43.1 bp −$431 | 65.2 bp −$6,519 | 168.0 bp −$84.0K |
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 | 0.008943 | −0.426% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.216% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008935 | −0.511% | $6.1M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008927 | −0.601% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008949 | −0.356% | $473K | $216K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.008932 | −0.546% | $8.0M | $1.3M | 125x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008942 | −0.434% | $4.8M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008940 | −0.457% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008936 | −0.501% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.008954 | −0.299% | $27K | $392 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate 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-USDTlong | +0.0220% | 8h | 0.008981 | long leg | $392K | $471K | 75x | |
| Kraken Futures PF_VETUSD | +0.3450% | 1h | 0.009036 | +0.616% | $128K | $132K | 10x | as long as short |
Kraken Futures PF_VETUSD