Funding you earn now, next payment 01:00 UTC−0.1471%/8h= −161.1% APRpaid last 24h +0.050%
Price spread now: KuCoin against Kraken Futures−0.281%7-day average −0.228% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.026%−$103 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.281%, 7d avg −0.228%
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and KuCoin is 0.053% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.228%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.026% in total (about -53.5% 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 | 0.009145 | 0.1571 | pay 0.0196% / 1h | 59m 43s | $130K | $118K | 10x |
| Short | KuCoin VETUSDTM | 0.009119 | 0.0100 | get 0.0100% / 8h | 6h 59m | $5.1M | $3.9M | 50x |
Kraken Futures PF_VETUSD
KuCoin VETUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$308.92
- Price spread: −0.281% → −0.228%
- −$5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$336.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 8 min ago; KuCoin: live order book, 3 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, 8 min ago | 29.87 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.19 bp | 47.1 bp −$47 | 155.4 bp −$1,554 | doesn't fit | doesn't fit |
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 | 0.009108 | −0.403% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +0.386% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009117 | −0.303% | $6.3M | $15.3M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009106 | −0.424% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009098 | −0.511% | $502K | $218K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009109 | −0.391% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTMshort | +0.0100% | 8h | 0.009119 | −0.281% | $5.1M | $3.9M | 50x | |
| Bitget VETUSDT | +0.0100% | 8h | 0.009107 | −0.413% | $4.9M | $2.0M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009108 | −0.402% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009100 | −0.490% | $28K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
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 | 0.009099 | −0.500% | $398K | $564K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.1571% | 1h | 0.009145 | long leg | $130K | $118K | 10x |
BloFin VET-USDT