Settings8H · net · $10k
Funding arb · Price arb /

VET

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.3358%/8h= +367.7% APRpaid last 24h +0.250%
Price spread now: Kraken Futures against Gate+0.850%7-day average +0.305% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.918%+$92 on $10k
Price spread, last 4 days (all we have)−0.442%−$44 · spread now +0.850%, 7d avg +0.305%
Together, before fees+0.476%+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$101 a day on $10k at the current rate, and Kraken Futures is 0.545% dearer against Gate than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of +0.305%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.918% in total (about 47.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate VET_USDT0.0089390.0100pay 0.0100% / 8h2h 47m$476K$213K25x
ShortKraken Futures PF_VETUSD0.0090150.3458get 0.0432% / 1h47m 35s$125K$130K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$705.16
Price spread: +0.850% → +0.305%
$54.51
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$734.67
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Gate: live order book, 63 min ago; Kraken Futures: live order book, 65 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 63 min ago15.61 bp109.0 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 65 min ago13.32 bp817.6 bp −$818doesn't fitdoesn't fitdoesn't fit

VET on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) VET/USDL 0.0000% / S +0.0006%1h0.008980+0.457%$16K150xas long as short
Injective VET/USDC PERP+0.0033%1h0.009180+2.696%$7$152K12xas long as short
Binance VETUSDT+0.0100%8h0.008936−0.032%$6.1M$14.8M75xas long as short
Bybit VETUSDT+0.0100%8h0.008929−0.112%$5.9M$4.0M75xas long as short
Gate VET_USDTlong+0.0100%8h0.008939long leg$476K$213K25x
MEXC VET_USDT+0.0100%8h0.008940+0.011%$8.0M$1.3M125xas long as short
KuCoin VETUSDTM+0.0100%8h0.008949+0.112%$4.8M$4.0M50xas long as short
Bitget VETUSDT+0.0100%8h0.008948+0.101%$4.8M$1.9M50xas long as short
BingX VET-USDT+0.0100%8h0.008948+0.101%$2.5Mas long as short
Variational Omni VET+0.0100%8h0.008961+0.245%$27K$392as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin VET-USDT+0.0220%8h0.008969+0.336%$390K$471K75xas long as short
Kraken Futures PF_VETUSDshort+0.3458%1h0.009015+0.850%$125K$130K10x