VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.157%

Price spread now: HTX against Bybit−0.269%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 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 −$2 a day on $10k at the current rate, and HTX is 0.269% cheaper against Bybit than usual: you would sell low and buy high (−$27 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	Bybit VELVETUSDT	0.05959	0.0155	pay 0.0078% / 4h	12m 01s	$1.6M	$1.5M	5x
Short	HTX VELVET-USDT	0.05943	0.0100	get 0.0050% / 4h	12m 01s	$12K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now −0.269%Rate

Funding earned: −$11.58
Price spread: −0.269% → 0.000%: −$26.85
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$61.43
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago	8.43 bp	43.1 bp −$43	3082.2 bp −$30.8K	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	0.05948	−0.185%	$709K	$937K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05949	−0.168%	$957K	$504K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05970	+0.185%	$1.1M	$632K	10x	as long as short
HTX VELVET-USDTshort	+0.0100%	4h	0.05943	−0.269%	$12K	$18K	20x
Aster VELVETUSDT	+0.0146%	4h	0.05960	+0.012%	$9K	$17K	5x	as long as short
Bybit VELVETUSDTlong	+0.0155%	4h	0.05959	long leg	$1.6M	$1.5M	5x
Variational Omni VELVET	+0.0178%	4h	0.05944	−0.250%	$36K	$51K	—	as long as short
BingX VELVET-USDT	+0.0589%	4h	0.05958	−0.017%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0634%	4h	0.05952	−0.112%	$2K	$197K	10x	as long as short
Extended VELVET-USD	+0.0640%	1h	0.05965	+0.107%	$3K	$237K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0643%	4h	0.05967	+0.134%	$4.4M	$5.5M	10x	as long as short
MEXC VELVET_USDT	+0.0646%	4h	0.05968	+0.151%	$2.1M	$389K	50x	as long as short
BloFin VELVET-USDT	+0.0886%	4h	0.05959	0.000%	$264K	$133K	50x	as long as short