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% APRpaid last 24h −0.046%
Price spread now: Bybit against KuCoin−0.183%7-day average −0.360% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.066%−$107 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.183%, 7d avg −0.360%
Together, before fees−1.138%−$114 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: Bybit is 0.177% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.360%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin VELOUSDTM0.0049160.0100pay 0.0050% / 4h2h 35m$555K$19K8x
ShortBybit VELOUSDT0.0049070.0100get 0.0100% / 8h2h 35m$532K$567K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: −0.183% → −0.360%
$17.66
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$5.34
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 23 min ago; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 23 min ago93.09 bp226.4 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago13.32 bp154.2 bp −$154doesn'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%1h0.004906−0.198%$5K$5093xas long as short
Bybit VELOUSDTshort+0.0100%8h0.004907−0.183%$532K$567K5x
Gate VELO_USDT+0.0100%8h0.004909−0.142%$153K$43K20xas long as short
MEXC VELO_USDT+0.0100%8h0.004901−0.305%$1.4M$380K100xas long as short
KuCoin VELOUSDTMlong+0.0100%4h0.004916long leg$555K$19K8x
Variational Omni VELO+0.0100%8h0.004905−0.219%$8K$1as long as short
Kraken Futures PF_VELOUSD+0.0210%1h0.004929+0.259%$2K$3K10xas long as short