Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.122%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$800as in the Funding arb table
Net, price: spread back to 7d avg − costs−$797as in the Price arb table
costs, in and out, $10k−$8008.001% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.341%−$34 · spread now −0.122%, 7d avg −0.156%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.034% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.156%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VELO_USDT | 0.004911 | 0.0100 | pay 0.0100% / 8h | 2h 43m | $153K | $42K | 20x |
| Short | Bybit VELOUSDT | 0.004905 | 0.0100 | get 0.0100% / 8h | 2h 43m | $532K | $563K | 5x |
Gate VELO_USDT
Bybit VELOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: −0.122% → −0.156%
- $3.36
- Slippage, 4 orders
- −$774.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$796.72
- Costs to cover
- 8.001%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; Bybit: live order book, 62 min ago.
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 Gate live order book, 63 min ago | 46.66 bp | 251.7 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 62 min ago | 12.91 bp | 151.6 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
VELO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VELOUSDT | +0.0100% | 1h | 0.004880 | −0.623% | $5K | $509 | 3x | as long as short |
| Bybit VELOUSDTshort | +0.0100% | 8h | 0.004905 | −0.122% | $532K | $563K | 5x | |
| Gate VELO_USDTlong | +0.0100% | 8h | 0.004911 | long leg | $153K | $42K | 20x | |
| MEXC VELO_USDT | +0.0100% | 8h | 0.004906 | −0.102% | $1.4M | $379K | 100x | as long as short |
| KuCoin VELOUSDTM | +0.0100% | 4h | 0.004929 | +0.367% | $556K | $19K | 8x | as long as short |
| Variational Omni VELO | +0.0100% | 8h | 0.004983 | +1.459% | $9K | $1 | — | as long as short |
| Kraken Futures PF_VELOUSD | +0.0210% | 1h | 0.004930 | +0.388% | $2K | $3K | 10x | as long as short |
Aster VELOUSDT
MEXC VELO_USDT
KuCoin VELOUSDTM
Variational Omni VELO
Kraken Futures PF_VELOUSD