Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.035%
Price spread now: Binance against Injective+0.327%7-day average +0.252% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now +0.327%, 7d avg +0.252%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.075% dearer against Injective than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.252%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective VET/USDC PERP | 0.009180 | 0.0033 | pay 0.0004% / 1h | 13m 02s | $7 | $152K | 12x |
| Short | Binance VETUSDT | 0.009210 | 0.0100 | get 0.0100% / 8h | 7h 13m | $6.4M | $15.2M | 75x |
Injective VET/USDC PERP
Binance VETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +0.327% → +0.252%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $11.45
- Costs to cover
- 0.100%
- Break-even
- 1.3 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 13 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 0.55 bp | 20.9 bp −$21 | 42.1 bp −$421 | 209.2 bp −$20.9K | doesn't fit |
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 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 | 0.009210 | +0.328% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERPlong | +0.0033% | 1h | 0.009180 | long leg | $7 | $152K | 12x | |
| Binance VETUSDTshort | +0.0100% | 8h | 0.009210 | +0.327% | $6.4M | $15.2M | 75x | |
| Bybit VETUSDT | +0.0100% | 8h | 0.009205 | +0.272% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009208 | +0.305% | $508K | $224K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009210 | +0.327% | $8.2M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009217 | +0.403% | $5.2M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009209 | +0.316% | $5.0M | $2.0M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009210 | +0.327% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009171 | −0.097% | $28K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Bybit VETUSDT
Gate VET_USDT
MEXC 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-USDT | +0.0220% | 8h | 0.009209 | +0.316% | $399K | $569K | 75x | as long as short |
| Kraken Futures PF_VETUSD | +0.1557% | 1h | 0.009230 | +0.548% | $131K | $118K | 10x | as long as short |
BloFin VET-USDT
Kraken Futures PF_VETUSD