Funding you earn now, next payment 06:00 UTC−0.3351%/8h= −367.0% APRpaid last 24h −0.259%
Price spread now: Binance against Kraken Futures−0.007%7-day average −0.294% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.982%−$98 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now −0.007%, 7d avg −0.294%
=The price spread pays, funding is against you. Binance is 0.286% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.294%): +$29 on $10k if it goes back. Holding the pair costs −$101 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.982% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.982% in total (about -51.2% 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 | Kraken Futures PF_VETUSD | 0.009033 | 0.3451 | pay 0.0431% / 1h | 3m 14s | $122K | $136K | 10x |
| Short | Binance VETUSDT | 0.009032 | 0.0100 | get 0.0100% / 8h | 2h 03m | $6.2M | $14.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$703.74
- Price spread: −0.007% → −0.294%
- $28.64
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$695.1
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 44 min ago; Binance: live order book, 7 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 Kraken Futures live order book, 44 min ago | 13.41 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.55 bp | 19.5 bp −$19 | 48.6 bp −$486 | 236.7 bp −$23.7K | 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 | 0.009031 | −0.023% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +1.631% | $7 | $152K | 12x | as long as short |
| Binance VETUSDTshort | +0.0100% | 8h | 0.009032 | −0.007% | $6.2M | $14.8M | 75x | |
| Bybit VETUSDT | +0.0100% | 8h | 0.009027 | −0.063% | $6.0M | $4.1M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009020 | −0.140% | $477K | $220K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009034 | +0.015% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009032 | −0.007% | $4.9M | $4.1M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009035 | +0.026% | $4.8M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009031 | −0.019% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009068 | +0.396% | $28K | $192 | — | 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 | 0.009029 | −0.041% | $392K | $473K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.3451% | 1h | 0.009033 | long leg | $122K | $136K | 10x |
Kraken Futures PF_VETUSD
Binance VETUSDT
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET
BloFin VET-USDT