Funding you earn now, next payment 08:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h +0.001%
Price spread now: Injective against BloFin+1.179%7-day average −0.165% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)−1.619%−$162 · spread now +1.179%, 7d avg −0.165%
=The price spread pays, funding is against you. Injective is 1.344% dearer against BloFin than usual: you sell high and buy low (spread +1.179% now, against its 7-day average of −0.165%): +$134 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.092% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% 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 | BloFin VET-USDT | 0.009073 | 0.0220 | pay 0.0220% / 8h | 16m 22s | $397K | $482K | 75x |
| Short | Injective VET/USDC PERP | 0.009180 | 0.0033 | get 0.0004% / 1h | 16m 22s | $7 | $152K | 12x |
BloFin VET-USDT
Injective VET/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$39.2
- Price spread: +1.179% → −0.165%
- $134.43
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $83.21
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 64 min ago; Injective: no order-book sample. 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 BloFin live order book, 64 min ago | 0.55 bp | 9.2 bp −$9 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0317% | 1h | 0.009077 | +0.049% | $122K | $137K | 10x | as long as short |
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.009064 | −0.096% | $19K | — | 150x | as long as short |
| Injective VET/USDC PERPshort | +0.0033% | 1h | 0.009180 | +1.179% | $7 | $152K | 12x | |
| Binance VETUSDT | +0.0100% | 8h | 0.009055 | −0.197% | $6.2M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009047 | −0.287% | $6.0M | $4.2M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009067 | −0.066% | $486K | $222K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009062 | −0.121% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009065 | −0.088% | $4.9M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009073 | 0.000% | $4.9M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009059 | −0.154% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.008960 | −1.241% | $27K | $332 | — | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.009073 | long leg | $397K | $482K | 75x |
Variational Omni VET