Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.017%
Price spread now: Extended against Binance−0.034%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1631.631% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.034%, 7d avg −0.048%
=Together, before fees−0.046%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VELVETUSDT | 0.05800 | 0.0100 | pay 0.0050% / 4h | 51m 19s | $4.3M | $4.7M | 10x |
| Short | Extended VELVET-USD | 0.05798 | 0.0104 | get 0.0013% / 1h | 51m 19s | $2K | $225K | 5x |
Binance VELVETUSDT
Extended VELVET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: −0.034% → −0.048%
- $1.44
- Slippage, 4 orders
- −$148.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$160.77
- Costs to cover
- 1.631%
- Break-even
- 1346.8 days
Slippage from Binance: live order book, 9 min ago; Extended: live order book, 53 min ago.
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, 9 min ago | 0.86 bp | 27.3 bp −$27 | 176.1 bp −$1,761 | doesn't fit | doesn't fit |
| Sell Extended live order book, 53 min ago | 7.60 bp | 52.7 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VELVET on 13 exchanges
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 VELVETUSDT | +0.0100% | 4h | 0.05796 | −0.077% | $8K | $16K | 5x | as long as short |
| Binance VELVETUSDTlong | +0.0100% | 4h | 0.05800 | long leg | $4.3M | $4.7M | 10x | |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05798 | −0.034% | $1.5M | $1.4M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05793 | −0.121% | $686K | $908K | 10x | as long as short |
| MEXC VELVET_USDT | +0.0100% | 4h | 0.05799 | −0.017% | $2.0M | $363K | 50x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05800 | 0.000% | $1.0M | $382K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05808 | +0.138% | $1.1M | $554K | 10x | as long as short |
| BingX VELVET-USDT | +0.0100% | 4h | 0.05797 | −0.052% | — | $1.4M | — | as long as short |
| Variational Omni VELVET | +0.0100% | 4h | 0.05803 | +0.060% | $38K | $12K | — | as long as short |
| edgeX VELVETUSDC | +0.0100% | 4h | 0.05801 | +0.012% | $1K | $186K | 10x | as long as short |
Aster VELVETUSDT
Bybit VELVETUSDT
Gate VELVET_USDT
MEXC VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
BingX VELVET-USDT
Variational Omni VELVET
edgeX VELVETUSDCShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX VELVET-USDT | +0.0100% | 4h | 0.05803 | +0.052% | $12K | $13K | 20x | as long as short |
| Extended VELVET-USDshort | +0.0104% | 1h | 0.05798 | −0.034% | $2K | $225K | 5x | |
| BloFin VELVET-USDT | +0.0340% | 4h | 0.05805 | +0.086% | $263K | $98K | 50x | as long as short |
HTX VELVET-USDT
BloFin VELVET-USDT