VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0455%/8h= −49.8% APRnext payment −$2.27 per $10,000 · paid last 24h −0.062%

Price spread now: Aster against edgeX−0.177%70s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 0.177% cheaper against edgeX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VELVETUSDC	0.05897	0.0555	pay 0.0277% / 4h	1h 58m	$2K	$201K	10x
Short	Aster VELVETUSDT	0.05887	0.0100	get 0.0050% / 4h	1h 58m	$9K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now −0.177%Rate

Funding earned: −$95.55
Price spread: −0.177% → 0.000%: −$17.68
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$130.23
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 48 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 edgeX live order book, 48 min ago	2.55 bp	doesn't fit	doesn't fit	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	0.05887	−0.177%	$9K	$18K	5x
Gate VELVET_USDT	+0.0100%	4h	0.05892	−0.086%	$704K	$912K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05883	−0.239%	$940K	$523K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05893	−0.070%	$1.1M	$635K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05900	+0.049%	$12K	$21K	20x	as long as short
Variational Omni VELVET	+0.0315%	4h	0.05899	+0.031%	$36K	$51K	—	as long as short
Bybit VELVETUSDT	+0.0361%	4h	0.05890	−0.120%	$1.6M	$1.5M	5x	as long as short
BingX VELVET-USDT	+0.0526%	4h	0.05891	−0.103%	—	$1.4M	—	as long as short
edgeX VELVETUSDClong	+0.0555%	4h	0.05897	long leg	$2K	$201K	10x
Extended VELVET-USD	+0.0560%	1h	0.05894	−0.047%	$6K	$147K	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	+0.0561%	4h	0.05896	−0.019%	$4.4M	$5.5M	10x	as long as short
MEXC VELVET_USDT	+0.0572%	4h	0.05902	+0.083%	$2.0M	$380K	50x	as long as short
BloFin VELVET-USDT	+0.0812%	4h	0.05889	−0.137%	$260K	$130K	50x	as long as short