Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin+0.033%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.033%, 7d avg +0.009%
=The price spread pays, funding is against you. MEXC is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of +0.009%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.050% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VET-USDT | 0.008984 | 0.0220 | pay 0.0220% / 8h | 5h 26m | $395K | $446K | 75x |
| Short | MEXC VET_USDT | 0.008987 | 0.0100 | get 0.0100% / 8h | 5h 26m | $8.4M | $1.2M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.033% → +0.009%
- $2.45
- Slippage, 4 orders
- −$47.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$86.04
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; MEXC: live order book, 4 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, 17 min ago | 8.32 bp | 18.8 bp −$19 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.67 bp | 13.5 bp −$13 | 37.0 bp −$370 | 57.5 bp −$5,746 | 161.3 bp −$80.7K |
VET on 12 exchanges
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 | −0.0364% | 1h | 0.008995 | +0.117% | $121K | $131K | 10x | as long as short |
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.009000 | +0.180% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.182% | $7 | $152K | 12x | as long as short |
| KuCoin VETUSDTM | +0.0070% | 8h | 0.008982 | −0.022% | $4.9M | $4.1M | 50x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008984 | 0.000% | $6.1M | $14.0M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008974 | −0.111% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008980 | −0.045% | $478K | $173K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.008987 | +0.033% | $8.4M | $1.2M | 125x | |
| Bitget VETUSDT | +0.0100% | 8h | 0.008994 | +0.111% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008985 | +0.011% | — | $2.4M | — | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.008959 | −0.274% | $27K | $357 | — | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.008984 | long leg | $395K | $446K | 75x |
BloFin VET-USDT
MEXC VET_USDT
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
KuCoin VETUSDTM
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET