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

VELVET

all VELVET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.157%
Price spread now: Bybit against HTX+0.309%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.309% dearer against HTX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX VELVET-USDT0.058310.0100pay 0.0050% / 4h2h 37m$12K$21K20x
ShortBybit VELVETUSDT0.058490.0184get 0.0092% / 4h2h 37m$1.6M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$17.61
Price spread: +0.309% → 0.000%
$30.87
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$25.48
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago8.57 bp52.2 bp −$52doesn't fitdoesn'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%4h0.05841+0.177%$9K$18K5xas long as short
Gate VELVET_USDT+0.0100%4h0.05834+0.051%$702K$915K10xas long as short
KuCoin VELVETUSDTM+0.0100%4h0.05830−0.017%$932K$522K10xas long as short
Bitget VELVETUSDT+0.0100%4h0.05856+0.429%$1.1M$629K10xas long as short
HTX VELVET-USDTlong+0.0100%4h0.05831long leg$12K$21K20x
Bybit VELVETUSDTshort+0.0184%4h0.05849+0.309%$1.6M$1.5M5x
Variational Omni VELVET+0.0218%4h0.05844+0.225%$35K$51Kas long as short
Extended VELVET-USD+0.0448%1h0.05847+0.283%$1K$151K5xas long as short
MEXC VELVET_USDT+0.0450%4h0.05851+0.343%$2.0M$388K50xas long as short
Binance VELVETUSDT+0.0452%4h0.05852+0.362%$4.3M$5.4M10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX VELVET-USDT+0.0470%4h0.05846+0.257%$1.4Mas long as short
edgeX VELVETUSDC+0.0487%4h0.05818−0.223%$1K$201K10xas long as short
BloFin VELVET-USDT+0.0692%4h0.05854+0.394%$262K$131K50xas long as short