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

VELVET

all VELVET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0472%/8h= +51.7% APRnext payment +$2.36 per $10,000 · paid last 24h +0.155%
Price spread now: BloFin against Aster+0.484%72s7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.484% dearer against Aster than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster VELVETUSDT0.058500.0100pay 0.0050% / 4h2h 20m$8K$16K5x
ShortBloFin VELVET-USDT0.058780.0572get 0.0286% / 4h2h 20m$263K$125K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$99.08
Price spread: +0.484% → 0.000%
$48.37
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$127.45
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 26 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 Aster no order-book sample
Sell BloFin live order book, 26 min ago1.72 bp23.1 bp −$2370.7 bp −$707doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VELVET on 13 exchanges

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 VELVETUSDTlong+0.0100%4h0.05850long leg$8K$16K5x
Bybit VELVETUSDT+0.0100%4h0.05847−0.046%$1.5M$1.4M5xas long as short
Gate VELVET_USDT+0.0100%4h0.05848−0.029%$685K$933K10xas long as short
KuCoin VELVETUSDTM+0.0100%4h0.05849−0.012%$1.0M$421K10xas long as short
Bitget VELVETUSDT+0.0100%4h0.05851+0.022%$1.1M$580K10xas long as short
Variational Omni VELVET+0.0100%4h0.05854+0.070%$39K$12Kas long as short
HTX VELVET-USDT+0.0100%4h0.05854+0.073%$12K$16K20xas long as short
Extended VELVET-USD+0.0320%1h0.05848−0.025%$3K$235K5xas long as short
Binance VELVETUSDT+0.0320%4h0.05844−0.098%$4.3M$5.2M10xas long as short
MEXC VELVET_USDT+0.0330%4h0.05851+0.022%$2.0M$404K50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX VELVET-USDT+0.0354%4h0.05858+0.142%$1.4Mas long as short
edgeX VELVETUSDC+0.0365%4h0.05862+0.213%$1K$190K10xas long as short
BloFin VELVET-USDTshort+0.0572%4h0.05878+0.484%$263K$125K50x