Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against BloFin−0.290%66s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.328%+$33 · spread now −0.290%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.262% cheaper against BloFin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.028%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VET-USDT | 0.009312 | 0.0220 | pay 0.0220% / 8h | 40m 07s | $403K | $528K | 75x |
| Short | BingX VET-USDT | 0.009285 | 0.0100 | get 0.0100% / 8h | 40m 07s | — | $2.5M | — |
BloFin VET-USDT
BingX VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$25.2
- Price spread: −0.290% → −0.028%
- −$26.17
- Slippage, 4 orders
- −$58.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$131.43
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; BingX: live order book, 9 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 BloFin live order book, 36 min ago | 1.62 bp | 15.6 bp −$16 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.78 bp | 19.5 bp −$20 | 47.4 bp −$474 | 179.1 bp −$17.9K | 523.3 bp −$261.7K |
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 | −0.0310% | 1h | 0.009314 | +0.023% | $131K | $112K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0215% | 1h | 0.009180 | −1.418% | $7 | $152K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009298 | −0.150% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009284 | −0.301% | $6.5M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009274 | −0.408% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009285 | −0.290% | $510K | $221K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009284 | −0.301% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009292 | −0.215% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009292 | −0.215% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDTshort | +0.0100% | 8h | 0.009285 | −0.290% | — | $2.5M | — |
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009291 | −0.227% | $28K | $410 | — | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.009312 | long leg | $403K | $528K | 75x |
Variational Omni VET