Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against MEXC−0.055%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now −0.055%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.030% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VET_USDT | 0.009097 | 0.0076 | pay 0.0076% / 8h | 2h 26m | $8.0M | $1.3M | 125x |
| Short | Bybit VETUSDT | 0.009092 | 0.0100 | get 0.0100% / 8h | 2h 26m | $6.0M | $3.8M | 75x |
MEXC VET_USDT
Bybit VETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $5.04
- Price spread: −0.055% → −0.085%
- $3.04
- Slippage, 4 orders
- −$93.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.61
- Costs to cover
- 1.087%
- Break-even
- 146.7 days
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 min ago.
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 MEXC live order book, 2 min ago | 1.65 bp | 14.4 bp −$14 | 39.5 bp −$395 | 59.9 bp −$5,987 | 159.0 bp −$79.5K |
| Sell Bybit live order book, 2 min ago | 1.65 bp | 40.7 bp −$41 | 52.5 bp −$525 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_VETUSD | −0.0608% | 1h | 0.009107 | +0.113% | $126K | $89K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0205% | 1h | 0.009040 | −0.627% | $7 | $107K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009103 | +0.071% | $4K | — | 150x | as long as short |
| MEXC VET_USDTlong | +0.0076% | 8h | 0.009097 | long leg | $8.0M | $1.3M | 125x | |
| Binance VETUSDT | +0.0076% | 8h | 0.009099 | +0.022% | $6.4M | $14.7M | 75x | as long as short |
| Bybit VETUSDTshort | +0.0100% | 8h | 0.009092 | −0.055% | $6.0M | $3.8M | 75x | |
| Gate VET_USDT | +0.0100% | 8h | 0.009086 | −0.121% | $504K | $216K | 25x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009101 | +0.044% | $5.3M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009105 | +0.088% | $5.0M | $1.8M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009095 | −0.022% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Gate VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009107 | +0.105% | $28K | $896 | — | as long as short |
| BloFin VET-USDT | +0.0196% | 8h | 0.009099 | +0.022% | $397K | $520K | 75x | as long as short |
Variational Omni VET
BloFin VET-USDT