VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.95 per $10,000 · paid last 24h −0.054%

Price spread now: Aster against Binance−0.022%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VELVETUSDT	0.05895	0.0291	pay 0.0145% / 4h	2h 49m	$4.4M	$5.4M	10x
Short	Aster VELVETUSDT	0.05894	0.0100	get 0.0050% / 4h	2h 49m	$9K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$40.05
Price spread: −0.022% → 0.000%: −$2.18
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$60.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; Aster: no order-book sample. 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 Binance live order book, 3 min ago	2.55 bp	23.7 bp −$24	275.1 bp −$2,751	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 VELVETUSDTshort	+0.0100%	4h	0.05894	−0.022%	$9K	$18K	5x
Bybit VELVETUSDT	+0.0100%	4h	0.05894	−0.018%	$1.6M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05889	−0.103%	$705K	$858K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05888	−0.120%	$978K	$527K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05900	+0.083%	$1.1M	$630K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05884	−0.186%	$36K	$51K	—	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05889	−0.103%	$12K	$26K	20x	as long as short
Extended VELVET-USD	+0.0288%	1h	0.05903	+0.143%	$3K	$158K	5x	as long as short
MEXC VELVET_USDT	+0.0290%	4h	0.05906	+0.185%	$2.1M	$393K	50x	as long as short
Binance VELVETUSDTlong	+0.0291%	4h	0.05895	long leg	$4.4M	$5.4M	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX VELVETUSDC	+0.0323%	4h	0.05876	−0.321%	$1K	$205K	10x	as long as short
BingX VELVET-USDT	+0.0324%	4h	0.05894	−0.018%	—	$1.4M	—	as long as short
BloFin VELVET-USDT	+0.0541%	4h	0.05892	−0.052%	$262K	$125K	50x	as long as short