Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.034%
Price spread now: MEXC against Injective−0.763%85s7-day average +0.257% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)+1.249%+$125 · spread now −0.763%, 7d avg +0.257%
=Funding pays, the price is against you. MEXC is 1.020% cheaper against Injective than usual: you would sell low and buy high (spread −0.763% now, against its 7-day average of +0.257%). If the spread goes back, that is −$102 on $10k: about 51 days of funding at the current rate (+$2 a day). The two prices were read 85 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 | Injective VET/USDC PERP | 0.009180 | 0.0033 | pay 0.0004% / 1h | 1m 51s | $7 | $152K | 12x |
| Short | MEXC VET_USDT | 0.009110 | 0.0100 | get 0.0100% / 8h | 7h 01m | $8.1M | $1.3M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: −0.763% → +0.257%
- −$101.99
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.01
- Costs to cover
- 0.040%
- Break-even
- 53.0 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 2.74 bp | 9.4 bp −$9 | 36.9 bp −$369 | 64.6 bp −$6,460 | 163.0 bp −$81.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009121 | −0.644% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERPlong | +0.0033% | 1h | 0.009180 | long leg | $7 | $152K | 12x | |
| Binance VETUSDT | +0.0100% | 8h | 0.009111 | −0.752% | $6.3M | $15.3M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009101 | −0.861% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009115 | −0.708% | $503K | $224K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.009110 | −0.763% | $8.1M | $1.3M | 125x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009117 | −0.686% | $5.1M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009123 | −0.621% | $4.9M | $2.0M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009107 | −0.795% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009153 | −0.296% | $28K | $410 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VET-USDT | +0.0220% | 8h | 0.009106 | −0.806% | $397K | $563K | 75x | as long as short |
| Kraken Futures PF_VETUSD | +0.1572% | 1h | 0.009137 | −0.464% | $130K | $118K | 10x | as long as short |
Injective VET/USDC PERP
MEXC VET_USDT
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET
BloFin VET-USDT
Kraken Futures PF_VETUSD