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: BloFin against Bybit+0.378%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)−0.337%−$34 · spread now +0.378%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.299% dearer against Bybit than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VETUSDT | 0.009255 | 0.0100 | pay 0.0100% / 8h | 39m 05s | $6.1M | $3.9M | 75x |
| Short | BloFin VET-USDT | 0.009290 | 0.0220 | get 0.0220% / 8h | 39m 05s | $404K | $527K | 75x |
Bybit VETUSDT
BloFin VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.378% → +0.079%
- $29.88
- Slippage, 4 orders
- −$79.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.76
- Costs to cover
- 1.028%
- Break-even
- 20.3 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 37 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 Bybit live order book, 4 min ago | 3.76 bp | 29.3 bp −$29 | 53.3 bp −$533 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 1.62 bp | 24.9 bp −$25 | 33.7 bp −$337 | 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 | −0.0310% | 1h | 0.009303 | +0.524% | $131K | $112K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0215% | 1h | 0.009180 | −0.810% | $7 | $152K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009292 | +0.399% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009263 | +0.089% | $6.5M | $15.2M | 75x | as long as short |
| Bybit VETUSDTlong | +0.0100% | 8h | 0.009255 | long leg | $6.1M | $3.9M | 75x | |
| Gate VET_USDT | +0.0100% | 8h | 0.009285 | +0.324% | $510K | $221K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009274 | +0.205% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009286 | +0.335% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009279 | +0.259% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009270 | +0.162% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Gate VET_USDT
MEXC 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 | 0.009291 | +0.387% | $28K | $410 | — | as long as short |
| BloFin VET-USDTshort | +0.0220% | 8h | 0.009290 | +0.378% | $404K | $527K | 75x |
Variational Omni VET