Settings8H · net · $10k
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Funding arb · Price arb / Crypto

VELO

All VELO markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BybitVELOUSDT
0.003412+0.0100pay 0.0100% / 8h8m 14s$368K$340K5xLong Bybit
SHORT
GateVELO_USDT
0.003391+0.0100get 0.0100% / 8h8m 14s$106K$10K20xShort Gate
Price gap−0.615%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.483% under its 7d average: the price leg works against you, −$48 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20.0000% /8h now · paid +0.020% over the last 7D
Price−$48spread −0.615% now, avg −0.132% → −0.483% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$46−0.46%no pointscosts unknown: book too thin at $10k ·

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.615%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

VELO on 5 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size44.3 / 202.7 bp
    At $10k entering Gate costs 202.7 bp, fee and slippage, 4.6× Bybit’s.
  • Note: Margin at max leverage$2,000 + $500
    Bybit 5x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, −$3.00; short Gate: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.615% vs −0.132%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$106K vs $368K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · Gate Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0010%/8h × 21 periods+$2.01
Price spread−0.615% → −0.132% (7d avg)−$48.32
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Bybit bp × 2 orders−$11.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Bybit: live order book, 28 min ago; Gate: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit7.3444.3 bp−$44doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate44.12202.7 bp−$203doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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