Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −0.9% APRpaid last 24h +0.005%
Price spread now: edgeX against Extended+0.193%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−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.362%−$36 · spread now +0.193%, 7d avg +0.056%
=Together, before fees−0.395%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$39 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: edgeX is 0.137% dearer against Extended than usual: you sell high and buy low, +$14 on $10k if it 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 | Extended VELVET-USD | 0.05807 | 0.0112 | pay 0.0014% / 1h | 22m 54s | $4K | $164K | 5x |
| Short | edgeX VELVETUSDC | 0.05818 | 0.0103 | get 0.0052% / 4h | 22m 54s | $2K | $204K | 10x |
Extended VELVET-USD
edgeX VELVETUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$1.8
- Price spread: +0.193% → +0.056%
- $13.71
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$2.09
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 33 min ago; edgeX: live order book, 34 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 Extended live order book, 33 min ago | 6.58 bp | 51.5 bp −$52 | 419.7 bp −$4,197 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 34 min ago | 8.64 bp | doesn't fit | 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 | 0.05814 | +0.124% | $9K | $18K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05820 | +0.223% | $1.6M | $1.4M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05815 | +0.137% | $697K | $909K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05813 | +0.102% | $921K | $529K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05813 | +0.102% | $1.1M | $657K | 10x | as long as short |
| Variational Omni VELVET | +0.0100% | 4h | 0.05819 | +0.204% | $35K | $51K | — | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05824 | +0.292% | $12K | $24K | 20x | as long as short |
| BingX VELVET-USDT | +0.0102% | 4h | 0.05812 | +0.085% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDCshort | +0.0103% | 4h | 0.05818 | +0.193% | $2K | $204K | 10x | |
| Extended VELVET-USDlong | +0.0112% | 1h | 0.05807 | long leg | $4K | $164K | 5x |
Aster VELVETUSDT
Bybit VELVETUSDT
Gate VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
Variational Omni VELVET
HTX VELVET-USDT
BingX VELVET-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC VELVET_USDT | +0.0112% | 4h | 0.05807 | −0.001% | $2.0M | $401K | 50x | as long as short |
| Binance VELVETUSDT | +0.0112% | 4h | 0.05807 | −0.006% | $4.3M | $5.4M | 10x | as long as short |
| BloFin VELVET-USDT | +0.0352% | 4h | 0.05806 | −0.018% | $257K | $127K | 50x | as long as short |
MEXC VELVET_USDT
Binance VELVETUSDT
BloFin VELVET-USDT