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−0.0407%/8h= −44.6% APRpaid last 24h −0.058%
Price spread now: Kraken Futures against Bitget+0.781%7-day average +0.237% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,582as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,599as in the Price arb table
costs, in and out, $10k−$1,65316.533% 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)−0.468%−$47 · spread now +0.781%, 7d avg +0.237%
Together, before fees+0.243%+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.545% dearer against Bitget than usual: you sell high and buy low (spread +0.781% now, against its 7-day average of +0.237%): +$54 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.711%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget VETUSDT0.0093270.0100pay 0.0100% / 8h44m 17s$5.1M$1.9M50x
ShortKraken Futures PF_VETUSD0.009400−0.0307pay 0.0038% / 1h44m 17s$132K$112K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$85.49
Price spread: +0.781% → +0.237%
$54.47
Slippage, 4 orders
−$1,631.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$1,684.3
Costs to cover
16.533%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 33 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 Bitget live order book, 4 min ago3.78 bp23.2 bp −$2355.9 bp −$559doesn't fitdoesn't fit
Sell Kraken Futures live order book, 33 min ago8.09 bp1488.8 bp −$1,489doesn't fitdoesn'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_VETUSDshort−0.0307%1h0.009400+0.781%$132K$112K10x
Injective VET/USDC PERP−0.0215%1h0.009180−1.576%$7$152K12xas long as short
gTrade (Gains Network) VET/USDL −0.0001% / S +0.0006%1h0.009329+0.026%$4K150xas long as short
Binance VETUSDT+0.0100%8h0.009321−0.064%$6.5M$15.1M75xas long as short
Bybit VETUSDT+0.0100%8h0.009311−0.172%$6.1M$3.9M75xas long as short
Gate VET_USDT+0.0100%8h0.009325−0.021%$513K$217K25xas long as short
MEXC VET_USDT+0.0100%8h0.009321−0.064%$8.3M$1.3M125xas long as short
KuCoin VETUSDTM+0.0100%8h0.009324−0.032%$5.4M$3.9M50xas long as short
Bitget VETUSDTlong+0.0100%8h0.009327long leg$5.1M$1.9M50x
BingX VET-USDT+0.0100%8h0.009310−0.182%$2.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni VET+0.0100%8h0.009243−0.902%$28K$410as long as short
BloFin VET-USDT+0.0220%8h0.009250−0.826%$402K$525K75xas long as short