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

VELO

All VELO markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateVELO_USDT
0.003412+0.0100pay 0.0100% / 8h7h 58m$107K$10K20xLong Gate
SHORT
BybitVELOUSDT
0.003414+0.0100get 0.0100% / 8h7h 58m$367K$340K5xShort Bybit
Price gap+0.059%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.074% under its 7d average: the price leg works against you, −$7 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−$7spread +0.059% now, avg +0.132% → −0.074% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$9−0.09%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+0.059%
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
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than Gate’s order book right now.
  • Note: Margin at max leverage$500 + $2,000
    Gate 20x, Bybit 5x. 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 Gate: 3 payments, −$3.00; short Bybit: 3 payments, +$3.00.
  • Watch: Gap narrower than usual+0.059% vs +0.132%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$107K vs $367K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · Bybit Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

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+0.059% → +0.132% (7d avg)−$7.39
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Gate bp × 2 orders−$15.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Gate: live order book, 38 min ago; Bybit: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate44.12doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit7.3434.5 bp−$35doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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