Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Gate+0.206%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3513.512% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.206%, 7d avg +0.186%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VELVET_USDT | 0.05834 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $691K | $919K | 10x |
| Short | Bitget VELVETUSDT | 0.05846 | 0.0100 | get 0.0050% / 4h | 2h 05m | $1.0M | $644K | 10x |
Gate VELVET_USDT
Bitget VELVETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: +0.206% → +0.186%
- $1.93
- Slippage, 4 orders
- −$324.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$349.27
- Costs to cover
- 3.512%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; Bitget: live order book, 5 min ago.
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 Gate live order book, 61 min ago | 5.87 bp | 116.4 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.98 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
VELVET on 12 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 | 0.05835 | +0.009% | $9K | $18K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05840 | +0.103% | $1.6M | $1.5M | 5x | as long as short |
| Gate VELVET_USDTlong | +0.0100% | 4h | 0.05834 | long leg | $691K | $919K | 10x | |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05835 | +0.017% | $943K | $530K | 10x | as long as short |
| Bitget VELVETUSDTshort | +0.0100% | 4h | 0.05846 | +0.206% | $1.0M | $644K | 10x | |
| Variational Omni VELVET | +0.0100% | 4h | 0.05854 | +0.342% | $35K | $51K | — | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05847 | +0.223% | $12K | $25K | 20x | as long as short |
| Extended VELVET-USD | +0.0144% | 1h | 0.05839 | +0.079% | $2K | $157K | 5x | as long as short |
| Binance VELVETUSDT | +0.0144% | 4h | 0.05845 | +0.189% | $4.3M | $5.5M | 10x | as long as short |
| MEXC VELVET_USDT | +0.0150% | 4h | 0.05841 | +0.120% | $2.0M | $406K | 50x | as long as short |
Aster VELVETUSDT
Bybit VELVETUSDT
KuCoin VELVETUSDTM
Variational Omni VELVET
HTX VELVET-USDT
Extended VELVET-USD
Binance VELVETUSDT
MEXC VELVET_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX VELVETUSDC | +0.0167% | 4h | 0.05831 | −0.047% | $2K | $206K | 10x | as long as short |
| BingX VELVET-USDT | +0.0174% | 4h | 0.05841 | +0.120% | — | $1.4M | — | as long as short |
edgeX VELVETUSDC
BingX VELVET-USDT