Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Gate against Aster+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it 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	0.05884	0.0100	pay 0.0050% / 4h	1h 59m	$9K	$18K	5x
Short	Gate VELVET_USDT	0.05886	0.0100	get 0.0050% / 4h	1h 59m	$703K	$940K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → 0.000%: $3.24
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$19.76
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 47 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 Gate live order book, 47 min ago	6.82 bp	91.2 bp −$91	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	0.05884	long leg	$9K	$18K	5x
Gate VELVET_USDTshort	+0.0100%	4h	0.05886	+0.032%	$703K	$940K	10x
KuCoin VELVETUSDTM	+0.0100%	4h	0.05883	−0.019%	$940K	$523K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05899	+0.253%	$1.1M	$635K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05899	+0.253%	$12K	$21K	20x	as long as short
Variational Omni VELVET	+0.0315%	4h	0.05899	+0.252%	$36K	$51K	—	as long as short
Bybit VELVETUSDT	+0.0381%	4h	0.05890	+0.100%	$1.6M	$1.5M	5x	as long as short
edgeX VELVETUSDC	+0.0524%	4h	0.05898	+0.231%	$2K	$201K	10x	as long as short
BingX VELVET-USDT	+0.0526%	4h	0.05886	+0.032%	—	$1.4M	—	as long as short
Extended VELVET-USD	+0.0576%	1h	0.05884	−0.002%	$6K	$147K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC VELVET_USDT	+0.0576%	4h	0.05887	+0.049%	$2.0M	$397K	50x	as long as short
Binance VELVETUSDT	+0.0576%	4h	0.05888	+0.068%	$4.4M	$5.5M	10x	as long as short
BloFin VELVET-USDT	+0.0816%	4h	0.05894	+0.168%	$261K	$130K	50x	as long as short