VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0479%/8h= −52.4% APRnext payment −$2.39 per $10,000 · paid last 24h −0.065%

Price spread now: HTX against Binance−0.034%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 HTX

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—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and HTX is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 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	0.05866	0.0579	pay 0.0289% / 4h	1h 02m	$4.3M	$5.5M	10x
Short	HTX VELVET-USDT	0.05864	0.0100	get 0.0050% / 4h	1h 02m	$12K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$100.57
Price spread: −0.034% → 0.000%: −$3.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$125.92
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; HTX: 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, 6 min ago	1.71 bp	16.9 bp −$17	282.5 bp −$2,825	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	0.05857	−0.153%	$697K	$936K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05855	−0.187%	$939K	$515K	10x	as long as short
HTX VELVET-USDTshort	+0.0100%	4h	0.05864	−0.034%	$12K	$20K	20x
Aster VELVETUSDT	+0.0121%	4h	0.05847	−0.322%	$9K	$18K	5x	as long as short
Bitget VELVETUSDT	+0.0142%	4h	0.05868	+0.035%	$1.1M	$631K	10x	as long as short
Variational Omni VELVET	+0.0276%	4h	0.05864	−0.034%	$36K	$51K	—	as long as short
Bybit VELVETUSDT	+0.0310%	4h	0.05860	−0.102%	$1.6M	$1.5M	5x	as long as short
BingX VELVET-USDT	+0.0556%	4h	0.05857	−0.153%	—	$1.4M	—	as long as short
Extended VELVET-USD	+0.0576%	1h	0.05861	−0.080%	$3K	$113K	5x	as long as short
MEXC VELVET_USDT	+0.0578%	4h	0.05866	+0.001%	$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 VELVETUSDTlong	+0.0579%	4h	0.05866	long leg	$4.3M	$5.5M	10x
edgeX VELVETUSDC	+0.0587%	4h	0.05857	−0.159%	$2K	$197K	10x	as long as short
BloFin VELVET-USDT	+0.0819%	4h	0.05869	+0.052%	$261K	$129K	50x	as long as short