Funding you earn now, next payment 08:00 UTC+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.063%
Price spread now: MEXC against Gate+0.137%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2052.049% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.137%, 7d avg +0.108%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VELVET_USDT | 0.05845 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $700K | $906K | 10x |
| Short | MEXC VELVET_USDT | 0.05853 | 0.0310 | get 0.0155% / 4h | 3h 29m | $2.0M | $396K | 50x |
Gate VELVET_USDT
MEXC VELVET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $44.1
- Price spread: +0.137% → +0.108%
- $2.87
- Slippage, 4 orders
- −$189.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$157.97
- Costs to cover
- 2.049%
- Break-even
- 32.1 days
Slippage from Gate: live order book, 22 min ago; MEXC: live order book, 2 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, 22 min ago | 6.00 bp | 79.6 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.71 bp | 23.9 bp −$24 | 60.4 bp −$604 | 164.0 bp −$16.4K | 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 | 0.05846 | +0.018% | $9K | $18K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05858 | +0.222% | $1.6M | $1.4M | 5x | as long as short |
| Gate VELVET_USDTlong | +0.0100% | 4h | 0.05845 | long leg | $700K | $906K | 10x | |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05841 | −0.068% | $928K | $526K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05864 | +0.325% | $1.1M | $644K | 10x | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05846 | +0.017% | $12K | $23K | 20x | as long as short |
| Variational Omni VELVET | +0.0112% | 4h | 0.05854 | +0.154% | $35K | $51K | — | as long as short |
| BingX VELVET-USDT | +0.0286% | 4h | 0.05853 | +0.137% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDC | +0.0286% | 4h | 0.05839 | −0.107% | $2K | $203K | 10x | as long as short |
| MEXC VELVET_USDTshort | +0.0310% | 4h | 0.05853 | +0.137% | $2.0M | $396K | 50x |
Aster VELVETUSDT
Bybit VELVETUSDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
HTX VELVET-USDT
Variational Omni VELVET
BingX VELVET-USDT
edgeX VELVETUSDCShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance VELVETUSDT | +0.0327% | 4h | 0.05854 | +0.154% | $4.3M | $5.4M | 10x | as long as short |
| Extended VELVET-USD | +0.0328% | 1h | 0.05852 | +0.124% | $2K | $163K | 5x | as long as short |
| BloFin VELVET-USDT | +0.0550% | 4h | 0.05843 | −0.034% | $260K | $131K | 50x | as long as short |
Binance VELVETUSDT
Extended VELVET-USD
BloFin VELVET-USDT