Funding you earn now, next payment 04:00 UTC−0.2049%/8h= −224.4% APRnext payment −$2.56 per $10,000 · paid last 24h −0.125%
Price spread now: Injective against Kraken Futures+2.073%7-day average −0.558% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.014%−$101 on $10k
+Price spread, last 4 days (all we have)−2.369%−$237 · spread now +2.073%, 7d avg −0.558%
=The price spread pays, funding is against you. Injective is 2.631% dearer against Kraken Futures than usual: you sell high and buy low (spread +2.073% now, against its 7-day average of −0.558%): +$263 on $10k if it goes back. Holding the pair costs −$61 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−1.014% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.014% in total (about -52.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.56 per $10,000. 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 | 0.008994 | 0.2082 | pay 0.0260% / 1h | 36m 23s | $124K | $129K | 10x |
| Short | Injective VET/USDC PERP | 0.009180 | 0.0033 | get 0.0004% / 1h | 36m 23s | $7 | $152K | 12x |
Kraken Futures PF_VETUSD
Injective VET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$430.3
- Price spread: +2.073% → −0.558%
- $263.12
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$177.19
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 21 min ago; Injective: no order-book sample. 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, 21 min ago | 53.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.008882 | −1.237% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERPshort | +0.0033% | 1h | 0.009180 | +2.073% | $7 | $152K | 12x | |
| Binance VETUSDT | +0.0100% | 8h | 0.008871 | −1.363% | $6.1M | $14.6M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008867 | −1.407% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008882 | −1.240% | $477K | $211K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008867 | −1.407% | $7.9M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008871 | −1.363% | $4.9M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008866 | −1.418% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008872 | −1.351% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.008891 | −1.136% | $27K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
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 | 0.008891 | −1.140% | $387K | $466K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.2082% | 1h | 0.008994 | long leg | $124K | $129K | 10x |
BloFin VET-USDT