Funding you earn now, next payment 05:00 UTC+0.5392%/8h= +590.4% APRpaid last 24h +0.179%
Price spread now: Kraken Futures against Bybit+0.469%7-day average +0.354% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.859%+$86 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.469%, 7d avg +0.354%
=Both sides work for this trade now. Funding pays +$162 a day on $10k at the current rate, and Kraken Futures is 0.115% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.354%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.859% in total (about 44.8% 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 | Bybit VETUSDT | 0.008986 | 0.0100 | pay 0.0100% / 8h | 3h 15m | $6.0M | $4.0M | 75x |
| Short | Kraken Futures PF_VETUSD | 0.009028 | 0.5492 | get 0.0687% / 1h | 15m 46s | $125K | $130K | 10x |
Bybit VETUSDT
Kraken Futures PF_VETUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $1,132.35
- Price spread: +0.469% → +0.354%
- $11.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,122.82
- Costs to cover
- 0.210%
- Break-even
- 0.1 days
Slippage unknown: Bybit: live order book, 2 min ago; Kraken Futures: live order book, 36 min ago. 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 Bybit live order book, 2 min ago | 2.22 bp | 39.9 bp −$40 | 53.1 bp −$531 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 13.32 bp | 817.6 bp −$818 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L 0.0000% / S +0.0006% | 1h | 0.008996 | +0.113% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +2.159% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.008992 | +0.067% | $6.2M | $14.9M | 75x | as long as short |
| Bybit VETUSDTlong | +0.0100% | 8h | 0.008986 | long leg | $6.0M | $4.0M | 75x | |
| Gate VET_USDT | +0.0100% | 8h | 0.008995 | +0.100% | $481K | $209K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.008986 | 0.000% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.008989 | +0.033% | $4.9M | $4.0M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009000 | +0.156% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.008991 | +0.056% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.008978 | −0.090% | $27K | $392 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VETShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDT | +0.0220% | 8h | 0.008997 | +0.122% | $394K | $474K | 75x | as long as short |
| Kraken Futures PF_VETUSDshort | +0.5492% | 1h | 0.009028 | +0.469% | $125K | $130K | 10x |
BloFin VET-USDT