VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against BingX−0.033%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.033% cheaper against BingX 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	BingX VELVET-USDT	0.05846	0.0470	pay 0.0235% / 4h	2h 37m	—	$1.4M	—
Short	Variational Omni VELVET	0.05844	0.0218	get 0.0109% / 4h	2h 37m	$35K	$51K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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 BingXbpFee Variational OmnibpOrdersPrice spread, now −0.033%Rate

Funding earned: −$52.96
Price spread: −0.033% → 0.000%: −$3.26
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$66.22
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 5 min ago; Variational Omni: 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 BingX live order book, 5 min ago	2.57 bp	18.7 bp −$19	69.8 bp −$698	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 VELVETUSDT	+0.0100%	4h	0.05841	−0.080%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05834	−0.205%	$702K	$915K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05830	−0.274%	$932K	$522K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05856	+0.171%	$1.1M	$629K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05831	−0.257%	$12K	$21K	20x	as long as short
Bybit VELVETUSDT	+0.0184%	4h	0.05849	+0.051%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVETshort	+0.0218%	4h	0.05844	−0.033%	$35K	$51K	—
Extended VELVET-USD	+0.0448%	1h	0.05847	+0.025%	$1K	$151K	5x	as long as short
MEXC VELVET_USDT	+0.0450%	4h	0.05851	+0.086%	$2.0M	$388K	50x	as long as short
Binance VELVETUSDT	+0.0452%	4h	0.05852	+0.104%	$4.3M	$5.4M	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX VELVET-USDTlong	+0.0470%	4h	0.05846	long leg	—	$1.4M	—
edgeX VELVETUSDC	+0.0487%	4h	0.05818	−0.479%	$1K	$201K	10x	as long as short
BloFin VELVET-USDT	+0.0692%	4h	0.05854	+0.137%	$262K	$131K	50x	as long as short