Funding you earn now, next payment 05:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h −0.011%
Price spread now: Extended against edgeX+0.108%7-day average −0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.108%, 7d avg −0.056%
=Together, before fees−0.029%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.164% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VELVETUSDC | 0.05847 | 0.0293 | pay 0.0146% / 4h | 3h 29m | $2K | $203K | 10x |
| Short | Extended VELVET-USD | 0.05853 | 0.0328 | get 0.0041% / 1h | 29m 32s | $2K | $163K | 5x |
edgeX VELVETUSDC
Extended VELVET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.35
- Price spread: +0.108% → −0.056%
- $16.38
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $9.73
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 22 min ago; Extended: live order book, 21 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, 22 min ago | 3.42 bp | 57.6 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 6.60 bp | 64.8 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
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 VELVETUSDT | +0.0100% | 4h | 0.05847 | −0.001% | $9K | $18K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05860 | +0.221% | $1.6M | $1.4M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05850 | +0.050% | $701K | $906K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05841 | −0.104% | $928K | $526K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05864 | +0.289% | $1.1M | $643K | 10x | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05846 | −0.018% | $12K | $23K | 20x | as long as short |
| Variational Omni VELVET | +0.0112% | 4h | 0.05854 | +0.118% | $35K | $51K | — | as long as short |
| BingX VELVET-USDT | +0.0290% | 4h | 0.05860 | +0.221% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDClong | +0.0293% | 4h | 0.05847 | long leg | $2K | $203K | 10x | |
| MEXC VELVET_USDT | +0.0326% | 4h | 0.05854 | +0.118% | $2.0M | $396K | 50x | as long as short |
Aster VELVETUSDT
Bybit VELVETUSDT
Gate VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
HTX VELVET-USDT
Variational Omni VELVET
BingX VELVET-USDT
MEXC VELVET_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended VELVET-USDshort | +0.0328% | 1h | 0.05853 | +0.108% | $2K | $163K | 5x | |
| Binance VELVETUSDT | +0.0349% | 4h | 0.05857 | +0.161% | $4.3M | $5.4M | 10x | as long as short |
| BloFin VELVET-USDT | +0.0550% | 4h | 0.05843 | −0.070% | $260K | $131K | 50x | as long as short |
Binance VELVETUSDT
BloFin VELVET-USDT