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

VELO

all VELO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.234%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$691as in the Funding arb table
Net, price: spread back to 7d avg − costs−$683as in the Price arb table
costs, in and out, $10k−$6916.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.234%, 7d avg +0.152%
Together, before fees+0.089%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.083% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit VELOUSDT0.0046910.0100pay 0.0100% / 8h7h 39m$552K$626K5x
ShortGate VELO_USDT0.0047020.0100get 0.0100% / 8h7h 39m$139K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.234% → +0.152%
$8.28
Slippage, 4 orders
−$665.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$683.1
Costs to cover
6.914%
Break-even
never at this rate
Slippage from Bybit: live order book, 50 min ago; Gate: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 50 min ago12.30 bp127.8 bp −$128doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 51 min ago35.80 bp229.5 bp −$230doesn't fitdoesn't fitdoesn't fit

VELO on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VELOUSDT+0.0100%1h0.004681−0.207%$5K$1K3xas long as short
Bybit VELOUSDTlong+0.0100%8h0.004691long leg$552K$626K5x
Gate VELO_USDTshort+0.0100%8h0.004702+0.234%$139K$63K20x
MEXC VELO_USDT+0.0100%8h0.004696+0.107%$1.4M$452K100xas long as short
KuCoin VELOUSDTM+0.0100%4h0.004723+0.682%$538K$39K8xas long as short
Variational Omni VELO+0.0100%8h0.004708+0.367%$8K$118as long as short
Kraken Futures PF_VELOUSD+3.9955%1h0.004726+0.748%$2K$3K10xas long as short