VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.10 per $10,000 · paid last 24h +0.025%

Price spread now: KuCoin against Aster+0.137%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 KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.137% dearer against Aster than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VELVETUSDT	0.05847	0.0121	pay 0.0060% / 4h	1h 02m	$9K	$18K	5x
Short	KuCoin VELVETUSDTM	0.05855	0.0100	get 0.0050% / 4h	1h 02m	$939K	$515K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.137%Rate

Funding earned: −$4.32
Price spread: +0.137% → 0.000%: $13.74
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$10.58
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 12 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 KuCoin live order book, 12 min ago	11.13 bp	249.3 bp −$249	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
Gate VELVET_USDT	+0.0100%	4h	0.05856	+0.155%	$697K	$936K	10x	as long as short
KuCoin VELVETUSDTMshort	+0.0100%	4h	0.05855	+0.137%	$939K	$515K	10x
HTX VELVET-USDT	+0.0100%	4h	0.05872	+0.428%	$12K	$19K	20x	as long as short
Aster VELVETUSDTlong	+0.0121%	4h	0.05847	long leg	$9K	$18K	5x
Bitget VELVETUSDT	+0.0142%	4h	0.05865	+0.308%	$1.1M	$631K	10x	as long as short
Variational Omni VELVET	+0.0276%	4h	0.05864	+0.291%	$36K	$51K	—	as long as short
Bybit VELVETUSDT	+0.0310%	4h	0.05860	+0.223%	$1.6M	$1.5M	5x	as long as short
BingX VELVET-USDT	+0.0556%	4h	0.05857	+0.172%	—	$1.4M	—	as long as short
Extended VELVET-USD	+0.0576%	1h	0.05859	+0.210%	$3K	$113K	5x	as long as short
MEXC VELVET_USDT	+0.0578%	4h	0.05860	+0.223%	$2.0M	$388K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0579%	4h	0.05861	+0.237%	$4.3M	$5.5M	10x	as long as short
edgeX VELVETUSDC	+0.0587%	4h	0.05857	+0.166%	$2K	$197K	10x	as long as short
BloFin VELVET-USDT	+0.0819%	4h	0.05869	+0.377%	$261K	$129K	50x	as long as short