Funding you earn now, next payment 02:00 UTC−0.5710%/8h= −625.2% APRpaid last 24h +0.034%
Price spread now: Gate against Kraken Futures−0.099%7-day average −0.301% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.673%−$67 on $10k
+Price spread, last 3 days (all we have)−0.228%−$23 · spread now −0.099%, 7d avg −0.301%
=The price spread pays, funding is against you. Gate is 0.202% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.099% now, against its 7-day average of −0.301%): +$20 on $10k if it goes back. Holding the pair costs −$171 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.673% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.673% in total (about -35.1% 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 | 0.009069 | 0.5810 | pay 0.0726% / 1h | 23m 03s | $129K | $117K | 10x |
| Short | Gate VET_USDT | 0.009060 | 0.0100 | get 0.0100% / 8h | 6h 23m | $500K | $218K | 25x |
Kraken Futures PF_VETUSD
Gate VET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$1,199.02
- Price spread: −0.099% → −0.301%
- $20.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,203.84
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 44 min ago; Gate: live order book, 43 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, 44 min ago | 29.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 14.19 bp | 114.9 bp −$115 | 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 | 0.009057 | −0.135% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +1.224% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009059 | −0.110% | $6.3M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009046 | −0.253% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDTshort | +0.0100% | 8h | 0.009060 | −0.099% | $500K | $218K | 25x | |
| MEXC VET_USDT | +0.0100% | 8h | 0.009061 | −0.088% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009058 | −0.121% | $4.9M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009051 | −0.198% | $4.9M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009049 | −0.220% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009068 | −0.011% | $28K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
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_VETUSDlong | +0.5810% | 1h | 0.009069 | long leg | $129K | $117K | 10x |