Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.034%
Price spread now: MEXC against BloFin−0.111%49s7-day average +0.006% · you buy dearer than you sell
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−$740.743% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.111%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 49 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 | 0.008991 | 0.0220 | pay 0.0220% / 8h | 1h 52m | $392K | $471K | 75x |
| Short | MEXC VET_USDT | 0.008981 | 0.0100 | get 0.0100% / 8h | 1h 52m | $8.1M | $1.3M | 125x |
BloFin VET-USDT
MEXC VET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.111% → +0.006%
- −$11.71
- Slippage, 4 orders
- −$58.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.21
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; MEXC: live order book, 5 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, 33 min ago | 1.12 bp | 14.9 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.33 bp | 16.4 bp −$16 | 37.0 bp −$370 | 58.2 bp −$5,824 | 162.3 bp −$81.1K |
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 | −0.0230% | 1h | 0.008993 | +0.023% | $121K | $137K | 10x | as long as short |
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.008988 | −0.035% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.102% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008982 | −0.100% | $6.2M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.008975 | −0.178% | $5.9M | $4.2M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.008980 | −0.122% | $479K | $220K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.008981 | −0.111% | $8.1M | $1.3M | 125x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008984 | −0.078% | $4.8M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.008988 | −0.033% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008973 | −0.200% | — | $2.5M | — | as long as short |
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate 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 | 0.008980 | −0.118% | $27K | $192 | — | as long as short |
| BloFin VET-USDTlong | +0.0220% | 8h | 0.008991 | long leg | $392K | $471K | 75x |
Variational Omni VET