Funding you earn now, next payment 01:00 UTC−0.1462%/8h= −160.1% APRpaid last 24h +0.051%
Price spread now: MEXC against Kraken Futures−0.306%7-day average −0.283% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.717%−$72 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.306%, 7d avg −0.283%
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and MEXC is 0.023% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.283%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.717% in total (about -37.4% 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 | 0.009197 | 0.1562 | pay 0.0195% / 1h | 23m 06s | $131K | $118K | 10x |
| Short | MEXC VET_USDT | 0.009169 | 0.0100 | get 0.0100% / 8h | 7h 23m | $8.1M | $1.3M | 125x |
Kraken Futures PF_VETUSD
MEXC VET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$307.04
- Price spread: −0.306% → −0.283%
- −$2.29
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$323.33
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 49 min ago; MEXC: live order book, 5 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, 49 min ago | 15.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 4.90 bp | 17.2 bp −$17 | 39.1 bp −$391 | 60.1 bp −$6,009 | 157.0 bp −$78.5K |
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 | 0.009183 | −0.152% | $4K | — | 150x | as long as short |
| Injective VET/USDC PERP | +0.0033% | 1h | 0.009180 | −0.187% | $7 | $152K | 12x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009171 | −0.285% | $6.4M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009164 | −0.361% | $6.0M | $4.0M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009174 | −0.252% | $506K | $224K | 25x | as long as short |
| MEXC VET_USDTshort | +0.0100% | 8h | 0.009169 | −0.306% | $8.1M | $1.3M | 125x | |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009175 | −0.241% | $5.2M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009177 | −0.219% | $5.0M | $2.0M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009171 | −0.285% | — | $2.5M | — | as long as short |
| Variational Omni VET | +0.0100% | 8h | 0.009169 | −0.306% | $28K | $410 | — | as long as short |
gTrade (Gains Network) VET/USD
Injective VET/USDC PERP
Binance VETUSDT
Bybit VETUSDT
Gate 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 | 0.009176 | −0.230% | $399K | $567K | 75x | as long as short |
| Kraken Futures PF_VETUSDlong | +0.1562% | 1h | 0.009197 | long leg | $131K | $118K | 10x |
BloFin VET-USDT