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: Gate against KuCoin−0.020%7-day average −0.202% · 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)+0.209%+$21 · spread now −0.020%, 7d avg −0.202%
Together, before fees−0.857%−$86 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 0.181% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.202%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin VELOUSDTM0.0049130.0100pay 0.0050% / 4h1h 06m$574K$23K8x
ShortGate VELO_USDT0.0049120.0100get 0.0100% / 8h1h 06m$154K$42K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.020% → −0.202%
$18.14
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$8.86
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 37 min ago; Gate: live order book, 29 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, 37 min ago91.18 bp225.9 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 29 min ago6.12 bp272.8 bp −$273doesn'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%1h0.004911−0.041%$5K$8513xas long as short
Bybit VELOUSDT+0.0100%8h0.004911−0.041%$535K$580K5xas long as short
Gate VELO_USDTshort+0.0100%8h0.004912−0.020%$154K$42K20x
MEXC VELO_USDT+0.0100%8h0.004917+0.081%$1.4M$419K100xas long as short
KuCoin VELOUSDTMlong+0.0100%4h0.004913long leg$574K$23K8x
Variational Omni VELO+0.0100%8h0.004908−0.100%$9K$61as long as short
Kraken Futures PF_VELOUSD+4.0052%1h0.004876−0.752%$2K$3K10xas long as short