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

VELO

all VELO markets
SwapBacktest
Alert: funding
Alert: spread
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: MEXC against Gate0.000%7-day average −0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$561as in the Price arb table
costs, in and out, $10k−$5765.761% 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)−0.286%−$29 · spread now 0.000%, 7d avg −0.147%
Together, before fees−0.286%−$29 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: MEXC is 0.147% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate VELO_USDT0.0050070.0100pay 0.0100% / 8h4h 26m$156K$42K20x
ShortMEXC VELO_USDT0.0050070.0100get 0.0100% / 8h4h 26m$1.5M$606K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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: 0.000% → −0.147%
$14.73
Slippage, 4 orders
−$557.11
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$561.39
Costs to cover
5.761%
Break-even
never at this rate
Slippage from Gate: live order book, 24 min ago; MEXC: live order book, 5 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 Gate live order book, 24 min ago41.92 bp214.0 bp −$214doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago10.97 bp62.2 bp −$6281.8 bp −$818207.6 bp −$20.8K438.8 bp −$219.4K

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%1h0.005006−0.024%$5K$5093xas long as short
Bybit VELOUSDT+0.0100%8h0.005012+0.100%$540K$553K5xas long as short
Gate VELO_USDTlong+0.0100%8h0.005007long leg$156K$42K20x
MEXC VELO_USDTshort+0.0100%8h0.0050070.000%$1.5M$606K100x
KuCoin VELOUSDTM+0.0100%4h0.005005−0.040%$564K$18K8xas long as short
Variational Omni VELO+0.0100%8h0.005012+0.092%$9K$1as long as short
Kraken Futures PF_VELOUSD+0.1776%1h0.005022+0.290%$3K$1K10xas long as short