Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.062%61s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.062%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VETUSDT | 0.009001 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $6.2M | $13.9M | 75x |
| Short | BloFin VET-USDT | 0.009007 | 0.0220 | get 0.0220% / 8h | 5h 48m | $398K | $451K | 75x |
Binance VETUSDT
BloFin VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: +0.062% → −0.004%
- $6.59
- Slippage, 4 orders
- −$57.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.54
- Costs to cover
- 0.793%
- Break-even
- 20.2 days
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 60 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 Binance live order book, 15 min ago | 1.10 bp | 24.5 bp −$25 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 1.11 bp | 17.5 bp −$18 | 33.3 bp −$333 | doesn't fit | doesn't fit |
VET on 12 exchanges
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 | −0.0363% | 1h | 0.009009 | +0.089% | $121K | $132K | 10x | as long as short |
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.009015 | +0.147% | $19K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +1.984% | $7 | $152K | 12x | as long as short |
| Binance VETUSDTlong | +0.0100% | 8h | 0.009001 | long leg | $6.2M | $13.9M | 75x | |
| Bybit VETUSDT | +0.0100% | 8h | 0.008989 | −0.138% | $5.9M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008992 | −0.104% | $480K | $171K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009003 | +0.018% | $8.3M | $1.2M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009001 | −0.004% | $4.9M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009013 | +0.129% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008997 | −0.049% | — | $2.4M | — | as long as short |
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.008994 | −0.080% | $27K | $357 | — | as long as short |
| BloFin VET-USDTshort | +0.0220% | 8h | 0.009007 | +0.062% | $398K | $451K | 75x |
Variational Omni VET