Funding you earn now, next payment 06:00 UTC−0.3374%/8h= −369.5% APRpaid last 24h −0.250%
Price spread now: BingX against Kraken Futures+0.005%7-day average −0.302% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.961%−$96 on $10k
+Price spread, last 4 days (all we have)−0.455%−$46 · spread now +0.005%, 7d avg −0.302%
=The price spread pays, funding is against you. BingX is 0.307% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.302%): +$31 on $10k if it goes back. Holding the pair costs −$101 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.961% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.961% in total (about -50.1% 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 | Kraken Futures PF_VETUSD | 0.008973 | 0.3474 | pay 0.0434% / 1h | 52m 54s | $124K | $129K | 10x |
| Short | BingX VET-USDT | 0.008973 | 0.0100 | get 0.0100% / 8h | 2h 52m | — | $2.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$708.6
- Price spread: +0.005% → −0.302%
- $30.7
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$697.9
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 59 min ago; BingX: live order book, 2 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 Kraken Futures live order book, 59 min ago | 13.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.47 bp | 24.4 bp −$24 | 46.6 bp −$466 | 185.0 bp −$18.5K | 463.2 bp −$231.6K |
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 | 0.008975 | +0.030% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.312% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008972 | −0.004% | $6.1M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008967 | −0.062% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008957 | −0.174% | $476K | $213K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008967 | −0.062% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008968 | −0.051% | $4.9M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008962 | −0.118% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDTshort | +0.0100% | 8h | 0.008973 | +0.005% | — | $2.5M | — | |
| Variational Omni VET | +0.0100% | 8h | 0.008970 | −0.029% | $27K | $392 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDT | +0.0220% | 8h | 0.008952 | −0.229% | $391K | $471K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.3474% | 1h | 0.008973 | long leg | $124K | $129K | 10x |
Kraken Futures PF_VETUSD
BingX VET-USDT
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
Variational Omni VET
BloFin VET-USDT