Funding you earn now, next payment 06:00 UTC−0.3343%/8h= −366.0% APRpaid last 24h −0.250%
Price spread now: BingX against Kraken Futures−1.219%7-day average −0.307% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.961%−$96 on $10k
+Price spread, last 4 days (all we have)+0.839%+$84 · spread now −1.219%, 7d avg −0.307%
=Both sides work against this trade now: funding costs −$100 a day on $10k at the current rate, and BingX is 0.912% cheaper against Kraken Futures than usual: you would sell low and buy high (−$91 if the spread goes back to its 7-day average of −0.307%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.961% in total (about -50.1% 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 | Kraken Futures PF_VETUSD | 0.009055 | 0.3443 | pay 0.0430% / 1h | 23m 31s | $128K | $132K | 10x |
| Short | BingX VET-USDT | 0.008945 | 0.0100 | get 0.0100% / 8h | 2h 23m | — | $2.5M | — |
Kraken Futures PF_VETUSD
BingX VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$701.93
- Price spread: −1.219% → −0.307%
- −$91.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$813.11
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 24 min ago; BingX: live order book, 11 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 Kraken Futures live order book, 24 min ago | 13.41 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.48 bp | 26.3 bp −$26 | 51.3 bp −$513 | 190.0 bp −$19.0K | 488.3 bp −$244.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.008947 | −1.194% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +1.376% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008948 | −1.182% | $6.1M | $14.7M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008936 | −1.318% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008927 | −1.417% | $472K | $216K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008944 | −1.230% | $8.0M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008946 | −1.208% | $4.8M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008942 | −1.252% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDTshort | +0.0100% | 8h | 0.008945 | −1.219% | — | $2.5M | — | |
| Variational Omni VET | +0.0100% | 8h | 0.008921 | −1.489% | $27K | $192 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
Variational Omni VETShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDT | +0.0220% | 8h | 0.008949 | −1.175% | $390K | $469K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.3443% | 1h | 0.009055 | long leg | $128K | $132K | 10x |
BloFin VET-USDT