Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BloFin−0.067%80s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as 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−$1071.075% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.067%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.060%). Swap the legs. The two prices were read 80 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 | 0.008953 | 0.0220 | pay 0.0220% / 8h | 4h 07m | $389K | $471K | 75x |
| Short | KuCoin VETUSDTM | 0.008947 | 0.0100 | get 0.0100% / 8h | 4h 07m | $4.9M | $3.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.067% → +0.060%
- −$12.74
- Slippage, 4 orders
- −$83.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$145.4
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; KuCoin: live order book, 10 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, 28 min ago | 2.25 bp | 16.1 bp −$16 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 2.79 bp | 30.7 bp −$31 | 122.1 bp −$1,221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.008952 | −0.011% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.535% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008946 | −0.080% | $6.1M | $14.7M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008941 | −0.134% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008936 | −0.190% | $480K | $212K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008946 | −0.078% | $8.0M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTMshort | +0.0100% | 8h | 0.008947 | −0.067% | $4.9M | $3.9M | 50x | |
| Bitget VETUSDT | +0.0100% | 8h | 0.008950 | −0.034% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008949 | −0.045% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.008940 | −0.141% | $27K | $392 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDTlong | +0.0220% | 8h | 0.008953 | long leg | $389K | $471K | 75x | |
| Kraken Futures PF_VETUSD | +0.2081% | 1h | 0.009001 | +0.537% | $124K | $129K | 10x | as long as short |
BloFin VET-USDT
KuCoin VETUSDTM
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET
Kraken Futures PF_VETUSD