VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0266%/8h= −29.1% APRnext payment −$1.33 per $10,000 · paid last 24h −0.071%

Price spread now: edgeX against BloFin+0.035%7-day average +0.005% · you sell dearer than you buy

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

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.378%−$38 on $10k

Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.035%, 7d avg +0.005%

Together, before fees−0.626%+ Points / potential airdropedgeX: Active · farm board−$63 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.030% dearer against BloFin than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.005%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VELVET-USDT	0.05873	0.0614	pay 0.0307% / 4h	3h 24m	$259K	$131K	50x
Short	edgeX VELVETUSDC	0.05875	0.0349	get 0.0174% / 4h	3h 24m	$2K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$55.85
Price spread: +0.035% → +0.005%: $2.99
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$73.85
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 67 min ago; edgeX: live order book, 27 min ago. 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 BloFin live order book, 67 min ago	2.58 bp	25.2 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 27 min ago	3.42 bp	doesn't fit	doesn't fit	doesn't fit	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
Aster VELVETUSDT	+0.0100%	4h	0.05870	−0.055%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05873	0.000%	$703K	$909K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05866	−0.119%	$932K	$526K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05874	+0.017%	$1.1M	$644K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05874	+0.017%	$12K	$23K	20x	as long as short
Variational Omni VELVET	+0.0159%	4h	0.05884	+0.186%	$36K	$51K	—	as long as short
BingX VELVET-USDT	+0.0292%	4h	0.05881	+0.136%	—	$1.4M	—	as long as short
edgeX VELVETUSDCshort	+0.0349%	4h	0.05875	+0.035%	$2K	$202K	10x
Bybit VELVETUSDT	+0.0365%	4h	0.05880	+0.119%	$1.6M	$1.4M	5x	as long as short
MEXC VELVET_USDT	+0.0374%	4h	0.05881	+0.136%	$2.0M	$397K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended VELVET-USD	+0.0392%	1h	0.05879	+0.108%	$2K	$163K	5x	as long as short
Binance VELVETUSDT	+0.0395%	4h	0.05881	+0.136%	$4.3M	$5.4M	10x	as long as short
BloFin VELVET-USDTlong	+0.0614%	4h	0.05873	long leg	$259K	$131K	50x