Settings8H · net · $10k
Funding arb · Price arb /

VELVET

all VELVET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against HTX+0.106%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.106% dearer against HTX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX VELVET-USDT0.058130.0100pay 0.0050% / 4h25m 19s$12K$24K20x
ShortBinance VELVETUSDT0.058190.0105get 0.0052% / 4h25m 19s$4.3M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.02
Price spread: +0.106% → 0.000%
$10.56
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$10.42
Costs to cover
0.220%
Break-even
78.4 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Binance live order book, 13 min ago0.86 bp27.4 bp −$27113.8 bp −$1,138doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VELVET on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster VELVETUSDT+0.0100%4h0.05812−0.019%$9K$18K5xas long as short
Bybit VELVETUSDT+0.0100%4h0.05820+0.120%$1.6M$1.4M5xas long as short
Gate VELVET_USDT+0.0100%4h0.05812−0.017%$696K$908K10xas long as short
KuCoin VELVETUSDTM+0.0100%4h0.05810−0.052%$921K$529K10xas long as short
Bitget VELVETUSDT+0.0100%4h0.05822+0.155%$1.1M$657K10xas long as short
Variational Omni VELVET+0.0100%4h0.05819+0.102%$35K$51Kas long as short
HTX VELVET-USDTlong+0.0100%4h0.05813long leg$12K$24K20x
MEXC VELVET_USDT+0.0102%4h0.05818+0.086%$2.0M$400K50xas long as short
BingX VELVET-USDT+0.0102%4h0.05824+0.189%$1.4Mas long as short
Extended VELVET-USD+0.0104%1h0.05817+0.065%$4K$164K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VELVETUSDTshort+0.0105%4h0.05819+0.106%$4.3M$5.4M10x
edgeX VELVETUSDC+0.0108%4h0.05810−0.058%$2K$204K10xas long as short
BloFin VELVET-USDT+0.0345%4h0.05817+0.069%$258K$128K50xas long as short