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+0.0411%/8h= +45.0% APRpaid last 24h +0.058%
Price spread now: Bitget against Kraken Futures−0.112%48s7-day average −0.237% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,727as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,65616.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.711%−$71 on $10k
Price spread, last 3 days (all we have)−0.201%−$20 · spread now −0.112%, 7d avg −0.237%
Together, before fees−0.912%−$91 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 Bitget is 0.125% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.237%. Mind the row above: over the last 7 days funding on this pair cost −0.711%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_VETUSD0.009291−0.0311get 0.0039% / 1h50m 34s$129K$110K10x
ShortBitget VETUSDT0.0092810.0100get 0.0100% / 8h50m 34s$5.1M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$86.24
Price spread: −0.112% → −0.237%
$12.47
Slippage, 4 orders
−$1,633.83
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,557.12
Costs to cover
16.558%
Break-even
133.4 days
Slippage from Kraken Futures: live order book, 27 min ago; Bitget: live order book, 3 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, 27 min ago8.09 bp122.4 bp −$122doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.84 bp22.2 bp −$2264.5 bp −$645doesn't fitdoesn'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−0.0311%1h0.009291long leg$129K$110K10x
Injective VET/USDC PERP−0.0215%1h0.009180−1.199%$7$152K12xas long as short
gTrade (Gains Network) VET/USDL −0.0001% / S +0.0006%1h0.009288−0.039%$4K150xas long as short
Binance VETUSDT+0.0100%8h0.009277−0.155%$6.5M$15.1M75xas long as short
Bybit VETUSDT+0.0100%8h0.009266−0.273%$6.1M$3.9M75xas long as short
Gate VET_USDT+0.0100%8h0.009270−0.230%$512K$216K25xas long as short
MEXC VET_USDT+0.0100%8h0.009277−0.155%$8.3M$1.3M125xas long as short
KuCoin VETUSDTM+0.0100%8h0.009278−0.144%$5.4M$3.9M50xas long as short
Bitget VETUSDTshort+0.0100%8h0.009281−0.112%$5.1M$1.9M50x
BingX VET-USDT+0.0100%8h0.009276−0.166%$2.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni VET+0.0100%8h0.009219−0.776%$28K$410as long as short
BloFin VET-USDT+0.0220%8h0.009279−0.133%$402K$526K75xas long as short