Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.025%
Price spread now: BingX against BloFin+0.011%96s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as 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−$760.757% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.011%, 7d avg −0.011%
=The price spread pays, funding is against you. BingX is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.011%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.020% in total) that is about 7.6 days. The two prices were read 96 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 | BloFin VET-USDT | 0.008978 | 0.0220 | pay 0.0220% / 8h | 35m 25s | $391K | $477K | 75x |
| Short | BingX VET-USDT | 0.008979 | 0.0100 | get 0.0100% / 8h | 35m 25s | — | $2.5M | — |
BloFin VET-USDT
BingX VET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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: +0.011% → −0.011%
- $2.24
- Slippage, 4 orders
- −$53.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$98.63
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 45 min ago; BingX: live order book, 13 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 BloFin live order book, 45 min ago | 0.55 bp | 9.2 bp −$9 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.41 bp | 23.2 bp −$23 | 44.6 bp −$446 | 186.1 bp −$18.6K | 526.9 bp −$263.4K |
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 | −0.0322% | 1h | 0.008946 | −0.359% | $120K | $136K | 10x | as long as short |
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.008995 | +0.187% | $19K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.250% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008973 | −0.054% | $6.2M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008967 | −0.123% | $5.9M | $4.2M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008992 | +0.156% | $483K | $221K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008980 | +0.022% | $8.2M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008986 | +0.089% | $4.9M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008984 | +0.067% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDTshort | +0.0100% | 8h | 0.008979 | +0.011% | — | $2.5M | — |
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
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 | 0.008964 | −0.153% | $27K | $332 | — | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.008978 | long leg | $391K | $477K | 75x |
Variational Omni VET