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: Gate against MEXC−0.041%7-day average +0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$657as in the Price arb table
costs, in and out, $10k−$6386.379% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.404%+$40 · spread now −0.041%, 7d avg +0.150%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.191% cheaper against MEXC than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.150%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELO_USDT | 0.004898 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $1.4M | $380K | 100x |
| Short | Gate VELO_USDT | 0.004896 | 0.0100 | get 0.0100% / 8h | 2h 37m | $153K | $42K | 20x |
MEXC VELO_USDT
Gate VELO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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: −0.041% → +0.150%
- −$19.06
- Slippage, 4 orders
- −$618.91
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$656.98
- Costs to cover
- 6.379%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 3 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 MEXC live order book, 4 min ago | 7.14 bp | 56.5 bp −$56 | 77.7 bp −$777 | 192.1 bp −$19.2K | 446.1 bp −$223.1K |
| Sell Gate live order book, 3 min ago | 18.34 bp | 273.1 bp −$273 | 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 | 0.004902 | +0.088% | $5K | $509 | 3x | as long as short |
| Bybit VELOUSDT | +0.0100% | 8h | 0.004900 | +0.041% | $531K | $565K | 5x | as long as short |
| Gate VELO_USDTshort | +0.0100% | 8h | 0.004896 | −0.041% | $153K | $42K | 20x | |
| MEXC VELO_USDTlong | +0.0100% | 8h | 0.004898 | long leg | $1.4M | $380K | 100x | |
| KuCoin VELOUSDTM | +0.0100% | 4h | 0.004908 | +0.204% | $554K | $19K | 8x | as long as short |
| Variational Omni VELO | +0.0100% | 8h | 0.004899 | +0.015% | $8K | $1 | — | as long as short |
| Kraken Futures PF_VELOUSD | +0.0210% | 1h | 0.004921 | +0.478% | $2K | $3K | 10x | as long as short |
Aster VELOUSDT
Bybit VELOUSDT
KuCoin VELOUSDTM
Variational Omni VELO
Kraken Futures PF_VELOUSD