Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.006%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.006%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VELVETUSDT | 0.05936 | 0.0482 | pay 0.0241% / 4h | 3h 32m | $4.4M | $5.3M | 10x |
| Short | MEXC VELVET_USDT | 0.05936 | 0.0484 | get 0.0242% / 4h | 3h 32m | $2.1M | $396K | 50x |
Binance VELVETUSDT
MEXC VELVET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.37
- Price spread: −0.006% → −0.002%
- −$0.41
- Slippage, 4 orders
- −$62.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$72.85
- Costs to cover
- 0.728%
- Break-even
- 1386.8 days
Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 0.84 bp | 22.3 bp −$22 | 178.7 bp −$1,787 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.68 bp | 11.1 bp −$11 | 52.2 bp −$522 | 155.5 bp −$15.6K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05940 | +0.061% | $1.7M | $1.4M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05935 | −0.023% | $704K | $851K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05933 | −0.057% | $993K | $527K | 10x | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05938 | +0.028% | $11K | $25K | 20x | as long as short |
| Aster VELVETUSDT | +0.0123% | 4h | 0.05944 | +0.127% | $10K | $18K | 5x | as long as short |
| Bitget VELVETUSDT | +0.0152% | 4h | 0.05940 | +0.061% | $1.1M | $612K | 10x | as long as short |
| BingX VELVET-USDT | +0.0476% | 4h | 0.05937 | +0.011% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDC | +0.0481% | 4h | 0.05934 | −0.035% | $2K | $206K | 10x | as long as short |
| Binance VELVETUSDTlong | +0.0482% | 4h | 0.05936 | long leg | $4.4M | $5.3M | 10x | |
| MEXC VELVET_USDTshort | +0.0484% | 4h | 0.05936 | −0.006% | $2.1M | $396K | 50x |
Bybit VELVETUSDT
Gate VELVET_USDT
KuCoin VELVETUSDTM
HTX VELVET-USDT
Aster VELVETUSDT
Bitget VELVETUSDT
BingX VELVET-USDT
edgeX VELVETUSDCShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended VELVET-USD | +0.0488% | 1h | 0.05934 | −0.037% | $1K | $185K | 5x | as long as short |
| Variational Omni VELVET | +0.0538% | 4h | 0.05954 | +0.298% | $36K | $51K | — | as long as short |
| BloFin VELVET-USDT | +0.0724% | 4h | 0.05933 | −0.057% | $262K | $126K | 50x | as long as short |
Extended VELVET-USD
Variational Omni VELVET
BloFin VELVET-USDT