Funding you earn now, next payment 02:00 UTC+0.5720%/8h= +626.3% APRpaid last 24h −0.034%
Price spread now: Kraken Futures against Bybit+0.193%7-day average +0.354% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.677%+$68 on $10k
+Price spread, last 3 days (all we have)+0.207%+$21 · spread now +0.193%, 7d avg +0.354%
=Funding pays, the price is against you. Kraken Futures is 0.161% cheaper against Bybit than usual: you would sell low and buy high (spread +0.193% now, against its 7-day average of +0.354%). If the spread goes back, that is −$16 on $10k: about 2 hours of funding at the current rate (+$172 a day). At the pace of the last 7 days (+0.677% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.677% in total (about 35.3% 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 | Bybit VETUSDT | 0.009036 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $6.0M | $3.9M | 75x |
| Short | Kraken Futures PF_VETUSD | 0.009053 | 0.5820 | get 0.0727% / 1h | 3m 36s | $129K | $115K | 10x |
Bybit VETUSDT
Kraken Futures PF_VETUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $1,201.12
- Price spread: +0.193% → +0.354%
- −$16.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,164
- Costs to cover
- 0.210%
- Break-even
- 0.2 days
Slippage unknown: Bybit: live order book, 4 min ago; Kraken Futures: live order book, 64 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 Bybit live order book, 4 min ago | 1.11 bp | 19.7 bp −$20 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 29.87 bp | 776.3 bp −$776 | doesn't fit | doesn't fit | doesn't fit |
VET on 11 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 | 0.009055 | +0.210% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +1.594% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009040 | +0.044% | $6.3M | $14.6M | 75x | as long as short |
| Bybit VETUSDTlong | +0.0100% | 8h | 0.009036 | long leg | $6.0M | $3.9M | 75x | |
| Gate VET_USDT | +0.0100% | 8h | 0.009027 | −0.100% | $498K | $219K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009039 | +0.033% | $8.0M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009040 | +0.044% | $4.9M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009031 | −0.055% | $4.9M | $1.8M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009038 | +0.022% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009018 | −0.200% | $27K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VETShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_VETUSDshort | +0.5820% | 1h | 0.009053 | +0.193% | $129K | $115K | 10x |