Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.164%

Price spread now: Aster against Bybit−0.105%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.105% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VELVETUSDT	0.05821	0.0100	pay 0.0050% / 4h	1h 13m	$1.6M	$1.4M	5x
Short	Aster VELVETUSDT	0.05815	0.0100	get 0.0050% / 4h	1h 13m	$9K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee AsterbpOrdersPrice spread, now −0.105%Rate

Funding earned: $0
Price spread: −0.105% → 0.000%: −$10.54
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$29.54
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; Aster: 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 Bybit live order book, 3 min ago	8.57 bp	42.2 bp −$42	2213.1 bp −$22.1K	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 VELVETUSDTshort	+0.0100%	4h	0.05815	−0.105%	$9K	$18K	5x
Bybit VELVETUSDTlong	+0.0100%	4h	0.05821	long leg	$1.6M	$1.4M	5x
Gate VELVET_USDT	+0.0100%	4h	0.05822	+0.017%	$694K	$906K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05822	+0.017%	$942K	$529K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05831	+0.172%	$1.1M	$660K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05854	+0.564%	$35K	$51K	—	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05837	+0.275%	$12K	$25K	20x	as long as short
BingX VELVET-USDT	+0.0152%	4h	0.05820	−0.017%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0154%	4h	0.05826	+0.093%	$2K	$205K	10x	as long as short
Binance VELVETUSDT	+0.0193%	4h	0.05821	+0.007%	$4.3M	$5.5M	10x	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	+0.0200%	1h	0.05814	−0.126%	$5K	$161K	5x	as long as short
MEXC VELVET_USDT	+0.0200%	4h	0.05821	0.000%	$2.0M	$400K	50x	as long as short
BloFin VELVET-USDT	+0.0441%	4h	0.05836	+0.258%	$261K	$130K	50x	as long as short