Settings8H · net · $10k
Funding arb · Price arb /

VET

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.049%
Price spread now: Binance against Kraken Futures+0.073%7-day average −0.288% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,608as in the Price arb table
costs, in and out, $10k−$1,64416.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.737%−$74 on $10k
Price spread, last 3 days (all we have)−0.430%−$43 · spread now +0.073%, 7d avg −0.288%
Together, before fees−1.167%−$117 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.360% dearer against Kraken Futures than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.288%. Mind the row above: over the last 7 days funding on this pair cost −0.737%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_VETUSD0.009248−0.0312get 0.0039% / 1h46m 38s$129K$110K10x
ShortBinance VETUSDT0.0092550.0100get 0.0100% / 8h46m 38s$6.5M$15.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$86.55
Price spread: +0.073% → −0.288%
$36.02
Slippage, 4 orders
−$1,624.35
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,521.78
Costs to cover
16.443%
Break-even
130.1 days
Slippage from Kraken Futures: live order book, 31 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 31 min ago8.09 bp122.4 bp −$122doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.08 bp17.9 bp −$1843.6 bp −$436228.1 bp −$22.8Kdoesn't fit

VET on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_VETUSDlong−0.0312%1h0.009248long leg$129K$110K10x
Injective VET/USDC PERP−0.0215%1h0.009180−0.738%$7$152K12xas long as short
gTrade (Gains Network) VET/USDL −0.0001% / S +0.0006%1h0.009252+0.038%$4K150xas long as short
Binance VETUSDTshort+0.0100%8h0.009255+0.073%$6.5M$15.1M75x
Bybit VETUSDT+0.0100%8h0.009244−0.046%$6.1M$3.9M75xas long as short
Gate VET_USDT+0.0100%8h0.009259+0.116%$512K$216K25xas long as short
MEXC VET_USDT+0.0100%8h0.009256+0.083%$8.3M$1.3M125xas long as short
KuCoin VETUSDTM+0.0100%8h0.009262+0.148%$5.4M$3.9M50xas long as short
Bitget VETUSDT+0.0100%8h0.009257+0.094%$5.1M$1.9M50xas long as short
BingX VET-USDT+0.0100%8h0.009253+0.051%$2.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni VET+0.0100%8h0.009269+0.228%$28K$410as long as short
BloFin VET-USDT+0.0220%8h0.009238−0.111%$400K$524K75xas long as short