VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0209%/8h= +22.9% APRnext payment +$1.04 per $10,000 · paid last 24h +0.071%

Price spread now: BloFin against edgeX−0.024%7-day average −0.004% · you buy dearer than you sell

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

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.379%+$38 on $10k

Price spread, last 4 days (all we have)+0.355%+$36 · spread now −0.024%, 7d avg −0.004%

Together, before fees+0.734%+ Points / potential airdropedgeX: Active · farm board+$73 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.021% cheaper against edgeX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of −0.004%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VELVETUSDC	0.05842	0.0263	pay 0.0132% / 4h	1h 56m	$1K	$190K	10x
Short	BloFin VELVET-USDT	0.05841	0.0472	get 0.0236% / 4h	1h 56m	$261K	$118K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.024%Rate

Funding earned: $43.86
Price spread: −0.024% → −0.004%: −$2.09
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $20.78
Costs to cover: 0.210%
Break-even: 3.7 days

Slippage unknown: edgeX: live order book, 53 min ago; BloFin: live order book, 50 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, 53 min ago	2.57 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 50 min ago	1.72 bp	23.1 bp −$23	70.7 bp −$707	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	0.05831	−0.193%	$8K	$16K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05830	−0.213%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05823	−0.332%	$689K	$911K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05833	−0.161%	$1.0M	$403K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05840	−0.041%	$1.1M	$568K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05844	+0.021%	$39K	$12K	—	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05839	−0.059%	$12K	$15K	20x	as long as short
Binance VELVETUSDT	+0.0222%	4h	0.05828	−0.246%	$4.3M	$5.0M	10x	as long as short
Extended VELVET-USD	+0.0224%	1h	0.05826	−0.280%	$2K	$234K	5x	as long as short
MEXC VELVET_USDT	+0.0232%	4h	0.05829	−0.230%	$2.0M	$366K	50x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX VELVET-USDT	+0.0262%	4h	0.05833	−0.161%	—	$1.4M	—	as long as short
edgeX VELVETUSDClong	+0.0263%	4h	0.05842	long leg	$1K	$190K	10x
BloFin VELVET-USDTshort	+0.0472%	4h	0.05841	−0.024%	$261K	$118K	50x