Funding you earn now, next payment 08:00 UTC+0.0258%/8h= +28.3% APRnext payment +$1.29 per $10,000 · paid last 24h +0.153%
Price spread now: Bybit against Aster+0.099%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.099% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster VELVETUSDT | 0.05883 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $9K | $18K | 5x |
| Short | Bybit VELVETUSDT | 0.05889 | 0.0358 | get 0.0179% / 4h | 1h 59m | $1.6M | $1.5M | 5x |
Aster VELVETUSDT
Bybit VELVETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $54.19
- Price spread: +0.099% → 0.000%
- $9.95
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $45.14
- Costs to cover
- 0.190%
- Break-even
- 1.2 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 8.47 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn'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 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 VELVETUSDTlong | +0.0100% | 4h | 0.05883 | long leg | $9K | $18K | 5x | |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05884 | +0.014% | $703K | $911K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05881 | −0.036% | $940K | $523K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05893 | +0.167% | $1.1M | $635K | 10x | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05899 | +0.269% | $12K | $21K | 20x | as long as short |
| Variational Omni VELVET | +0.0315% | 4h | 0.05899 | +0.268% | $36K | $51K | — | as long as short |
| Bybit VELVETUSDTshort | +0.0358% | 4h | 0.05889 | +0.099% | $1.6M | $1.5M | 5x | |
| BingX VELVET-USDT | +0.0526% | 4h | 0.05887 | +0.065% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDC | +0.0555% | 4h | 0.05897 | +0.237% | $2K | $201K | 10x | as long as short |
| Binance VELVETUSDT | +0.0572% | 4h | 0.05884 | +0.014% | $4.4M | $5.5M | 10x | as long as short |
Gate VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
HTX VELVET-USDT
Variational Omni VELVET
BingX VELVET-USDT
edgeX VELVETUSDC
Binance VELVETUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended VELVET-USD | +0.0576% | 1h | 0.05883 | −0.007% | $6K | $147K | 5x | as long as short |
| MEXC VELVET_USDT | +0.0576% | 4h | 0.05886 | +0.048% | $2.0M | $380K | 50x | as long as short |
| BloFin VELVET-USDT | +0.0816% | 4h | 0.05894 | +0.184% | $261K | $130K | 50x | as long as short |
Extended VELVET-USD
MEXC VELVET_USDT
BloFin VELVET-USDT