Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against edgeX−0.043%7-day average −0.008% · you buy dearer than you sell

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

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.043%, 7d avg −0.008%

Together, before fees+0.194%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VELVETUSDC	0.05769	0.0100	pay 0.0050% / 4h	1h 29m	$1K	$188K	10x
Short	Binance VELVETUSDT	0.05767	0.0100	get 0.0050% / 4h	1h 29m	$4.2M	$4.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → −0.008%: −$3.49
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.49
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 15 min ago; Binance: live order book, 16 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 edgeX live order book, 15 min ago	3.45 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.86 bp	28.3 bp −$28	164.6 bp −$1,646	doesn't fit	doesn't fit

VELVET on 13 exchanges

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	0.05766	−0.054%	$8K	$16K	5x	as long as short
Binance VELVETUSDTshort	+0.0100%	4h	0.05767	−0.043%	$4.2M	$4.9M	10x
Bybit VELVETUSDT	+0.0100%	4h	0.05769	−0.002%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05761	−0.141%	$682K	$928K	10x	as long as short
MEXC VELVET_USDT	+0.0100%	4h	0.05768	−0.020%	$2.0M	$375K	50x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05765	−0.072%	$1.0M	$394K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05775	+0.102%	$1.1M	$558K	10x	as long as short
BingX VELVET-USDT	+0.0100%	4h	0.05764	−0.089%	—	$1.4M	—	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05774	+0.078%	$38K	$12K	—	as long as short
edgeX VELVETUSDClong	+0.0100%	4h	0.05769	long leg	$1K	$188K	10x

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX VELVET-USDT	+0.0100%	4h	0.05771	+0.032%	$12K	$14K	20x	as long as short
Extended VELVET-USD	+0.0104%	1h	0.05765	−0.073%	$2K	$230K	5x	as long as short
BloFin VELVET-USDT	+0.0340%	4h	0.05776	+0.119%	$261K	$100K	50x	as long as short