Funding you earn now, next payment 00:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h −0.014%
Price spread now: BloFin against Injective+1.438%7-day average +0.345% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)−0.972%−$97 · spread now +1.438%, 7d avg +0.345%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 1.093% dearer against Injective than usual: you sell high and buy low: +$109 more if the spread goes back to its 7-day average of +0.345%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.052% in total (about 4.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective VET/USDC PERP | 0.009180 | −0.0215 | get 0.0027% / 1h | 40m 36s | $7 | $152K | 12x |
| Short | BloFin VET-USDT | 0.009312 | 0.0220 | get 0.0220% / 8h | 40m 36s | $403K | $528K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $91.26
- Price spread: +1.438% → +0.345%
- $109.3
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $188.55
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 35 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 35 min ago | 1.62 bp | 24.9 bp −$25 | 33.7 bp −$337 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0309% | 1h | 0.009327 | +1.602% | $131K | $112K | 10x | as long as short |
| Injective VET/USDC PERPlong | −0.0215% | 1h | 0.009180 | long leg | $7 | $152K | 12x | |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009315 | +1.475% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009293 | +1.226% | $6.5M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009283 | +1.122% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009289 | +1.187% | $511K | $221K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009293 | +1.231% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009303 | +1.340% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009306 | +1.373% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009285 | +1.144% | — | $2.5M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009243 | +0.685% | $28K | $410 | — | as long as short |
| BloFin VET-USDTshort | +0.0220% | 8h | 0.009312 | +1.438% | $403K | $528K | 75x |
Injective VET/USDC PERP
BloFin VET-USDT
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET