Funding you earn now, next payment 00:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against BloFin−0.185%62s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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−$1031.030% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)+0.249%+$25 · spread now −0.185%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.077%). Swap the legs. The two prices were read 62 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 | 0.009165 | 0.0174 | pay 0.0174% / 8h | 3h 32m | $399K | $514K | 75x |
| Short | Bybit VETUSDT | 0.009148 | 0.0100 | get 0.0100% / 8h | 3h 32m | $6.0M | $3.8M | 75x |
BloFin VET-USDT
Bybit VETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$15.53
- Price spread: −0.185% → −0.077%
- −$10.9
- Slippage, 4 orders
- −$80
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.43
- Costs to cover
- 1.030%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; Bybit: live order book, 1 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, 14 min ago | 1.10 bp | 11.4 bp −$11 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.09 bp | 36.8 bp −$37 | 80.3 bp −$803 | 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 | −0.0709% | 1h | 0.009158 | −0.075% | $128K | $81K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0275% | 1h | 0.009060 | −1.146% | $7 | $53K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009150 | −0.165% | $4K | — | 150x | as long as short |
| MEXC VET_USDT | +0.0053% | 8h | 0.009187 | +0.240% | $8.0M | $1.3M | 125x | as long as short |
| Binance VETUSDT | +0.0054% | 8h | 0.009156 | −0.098% | $6.5M | $14.4M | 75x | as long as short |
| Bybit VETUSDTshort | +0.0100% | 8h | 0.009148 | −0.185% | $6.0M | $3.8M | 75x | |
| Gate VET_USDT | +0.0100% | 8h | 0.009191 | +0.284% | $513K | $212K | 25x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009191 | +0.284% | $5.3M | $3.8M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009158 | −0.076% | $5.0M | $1.8M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009148 | −0.185% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
MEXC VET_USDT
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 | 0.009172 | +0.072% | $28K | $896 | — | as long as short |
| BloFin VET-USDTlong | +0.0174% | 8h | 0.009165 | long leg | $399K | $514K | 75x |
Variational Omni VET