Funding you earn now, next payment 06:00 UTC−0.3301%/8h= −361.4% APRpaid last 24h −0.260%
Price spread now: KuCoin against Kraken Futures−0.940%7-day average −0.235% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.289%−$129 on $10k
+Price spread, last 4 days (all we have)+0.684%+$68 · spread now −0.940%, 7d avg −0.235%
=Both sides work against this trade now: funding costs −$99 a day on $10k at the current rate, and KuCoin is 0.705% cheaper against Kraken Futures than usual: you would sell low and buy high (−$70 if the spread goes back to its 7-day average of −0.235%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.289% in total (about -67.2% 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 | 0.009166 | 0.3401 | pay 0.0425% / 1h | 8m 22s | $130K | $129K | 10x |
| Short | KuCoin VETUSDTM | 0.009080 | 0.0100 | get 0.0100% / 8h | 2h 08m | $4.9M | $4.1M | 50x |
Kraken Futures PF_VETUSD
KuCoin VETUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$693.19
- Price spread: −0.940% → −0.235%
- −$70.5
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$785.69
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 39 min ago; KuCoin: live order book, 4 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, 39 min ago | 13.41 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.86 bp | 48.0 bp −$48 | 129.7 bp −$1,297 | 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 | 0.009079 | −0.955% | $16K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | +0.151% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009076 | −0.983% | $6.2M | $14.8M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009067 | −1.081% | $6.0M | $4.1M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009063 | −1.125% | $480K | $220K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009080 | −0.940% | $8.1M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTMshort | +0.0100% | 8h | 0.009080 | −0.940% | $4.9M | $4.1M | 50x | |
| Bitget VETUSDT | +0.0100% | 8h | 0.009076 | −0.983% | $4.9M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009072 | −1.027% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009065 | −1.104% | $28K | $192 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
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 | 0.009065 | −1.103% | $389K | $475K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.3401% | 1h | 0.009166 | long leg | $130K | $129K | 10x |
BloFin VET-USDT