Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against BingX−0.291%81s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as 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−$800.801% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.253%+$25 · spread now −0.291%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.320% cheaper against BingX than usual: you would sell low and buy high (spread −0.291% now, against its 7-day average of +0.028%). If the spread goes back, that is −$32 on $10k: about 8.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.009% in total) that is about 9 months. The two prices were read 81 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 | BingX VET-USDT | 0.009265 | 0.0100 | pay 0.0100% / 8h | 45m 50s | — | $2.5M | — |
| Short | BloFin VET-USDT | 0.009238 | 0.0220 | get 0.0220% / 8h | 45m 50s | $400K | $524K | 75x |
BingX VET-USDT
BloFin VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: −0.291% → +0.028%
- −$31.97
- Slippage, 4 orders
- −$58.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.83
- Costs to cover
- 0.801%
- Break-even
- 31.1 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 30 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 BingX live order book, 4 min ago | 3.78 bp | 20.0 bp −$20 | 45.3 bp −$453 | 286.1 bp −$28.6K | 550.4 bp −$275.2K |
| Sell BloFin live order book, 30 min ago | 1.62 bp | 24.9 bp −$25 | 33.7 bp −$337 | 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 | −0.0311% | 1h | 0.009272 | +0.074% | $130K | $111K | 10x | as long as short |
| Injective VET/USDC PERP | −0.0215% | 1h | 0.009180 | −0.917% | $7 | $152K | 12x | as long as short |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009264 | −0.007% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009269 | +0.048% | $6.5M | $15.1M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009254 | −0.119% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009259 | −0.065% | $512K | $216K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009271 | +0.065% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009266 | +0.011% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009270 | +0.054% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDTlong | +0.0100% | 8h | 0.009265 | long leg | — | $2.5M | — |
Kraken Futures PF_VETUSD
Injective VET/USDC PERP
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009269 | +0.047% | $28K | $410 | — | as long as short |
| BloFin VET-USDTshort | +0.0220% | 8h | 0.009238 | −0.291% | $400K | $524K | 75x |
Variational Omni VET