Funding you earn now, next payment 23:00 UTC+0.0570%/8h= +62.4% APRpaid last 24h −0.044%
Price spread now: MEXC against Injective+0.349%85s7-day average +0.239% · 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)+0.022%+$2 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now +0.349%, 7d avg +0.239%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and MEXC is 0.110% dearer against Injective than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.239%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.022% in total (about 2.0% 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 | −0.0470 | get 0.0059% / 1h | 23m 48s | $7 | $152K | 12x |
| Short | MEXC VET_USDT | 0.009212 | 0.0100 | get 0.0100% / 8h | 1h 23m | $8.1M | $1.2M | 125x |
Injective VET/USDC PERP
MEXC VET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $119.69
- Price spread: +0.349% → +0.239%
- $11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $126.68
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 2.70 bp | 15.6 bp −$16 | 34.7 bp −$347 | 53.8 bp −$5,379 | 157.4 bp −$78.7K |
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 | −0.0874% | 1h | 0.009223 | +0.469% | $125K | $105K | 10x | as long as short |
| Injective VET/USDC PERPlong | −0.0470% | 1h | 0.009180 | long leg | $7 | $152K | 12x | |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009224 | +0.482% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009212 | +0.349% | $6.4M | $15.0M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009208 | +0.305% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009222 | +0.458% | $512K | $214K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.009212 | +0.349% | $8.1M | $1.2M | 125x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009228 | +0.523% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009214 | +0.370% | $5.0M | $1.8M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009218 | +0.414% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate 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 | 0.009233 | +0.581% | $28K | $668 | — | as long as short |
| BloFin VET-USDT | +0.0220% | 8h | 0.009227 | +0.512% | $402K | $523K | 75x | as long as short |
Variational Omni VET
BloFin VET-USDT