Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against MEXC−0.240%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2472.468% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.240%, 7d avg −0.014%
=Funding pays, the price is against you. Gate is 0.226% cheaper against MEXC than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.014%). If the spread goes back, that is −$23 on $10k: about 16 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VET_USDT | 0.009161 | 0.0053 | pay 0.0053% / 8h | 3h 31m | $8.0M | $1.3M | 125x |
| Short | Gate VET_USDT | 0.009139 | 0.0100 | get 0.0100% / 8h | 3h 31m | $511K | $213K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $9.87
- Price spread: −0.240% → −0.014%
- −$22.61
- Slippage, 4 orders
- −$227.76
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$259.51
- Costs to cover
- 2.468%
- Break-even
- 191.0 days
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 14 min ago.
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 MEXC live order book, 2 min ago | 3.81 bp | 15.0 bp −$15 | 39.5 bp −$395 | 60.2 bp −$6,017 | 157.2 bp −$78.6K |
| Sell Gate live order book, 14 min ago | 7.70 bp | 104.6 bp −$105 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_VETUSD | −0.0709% | 1h | 0.009158 | −0.031% | $128K | $81K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0275% | 1h | 0.009060 | −1.102% | $7 | $53K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009150 | −0.121% | $4K | — | 150x | as long as short |
| MEXC VET_USDTlong | +0.0053% | 8h | 0.009161 | long leg | $8.0M | $1.3M | 125x | |
| Binance VETUSDT | +0.0054% | 8h | 0.009162 | +0.011% | $6.5M | $14.4M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009148 | −0.142% | $6.0M | $3.8M | 75x | as long as short |
| Gate VET_USDTshort | +0.0100% | 8h | 0.009139 | −0.240% | $511K | $213K | 25x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009160 | −0.011% | $5.3M | $3.8M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009157 | −0.044% | $5.0M | $1.8M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009158 | −0.033% | — | $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 | 0.009172 | +0.116% | $28K | $896 | — | as long as short |
| BloFin VET-USDT | +0.0174% | 8h | 0.009165 | +0.044% | $399K | $514K | 75x | as long as short |
MEXC VET_USDT
Gate VET_USDT
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET
BloFin VET-USDT