VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h +0.065%

Price spread now: edgeX against HTX−0.124%77s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on edgeX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.124% cheaper against HTX than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.2 days of funding at the current rate (+$6 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX VELVET-USDT	0.05846	0.0100	pay 0.0050% / 4h	3h 30m	$12K	$23K	20x
Short	edgeX VELVETUSDC	0.05839	0.0286	get 0.0143% / 4h	3h 30m	$2K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.124%Rate

Funding earned: $39.06
Price spread: −0.124% → 0.000%: −$12.43
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $5.63
Costs to cover: 0.210%
Break-even: 6.0 days

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 21 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 HTX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 21 min ago	3.42 bp	doesn't fit	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VELVETUSDT	+0.0100%	4h	0.05844	−0.028%	$9K	$18K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05858	+0.205%	$1.6M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05845	−0.017%	$700K	$906K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05838	−0.137%	$927K	$526K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05866	+0.342%	$1.1M	$644K	10x	as long as short
HTX VELVET-USDTlong	+0.0100%	4h	0.05846	long leg	$12K	$23K	20x
Variational Omni VELVET	+0.0112%	4h	0.05854	+0.136%	$35K	$51K	—	as long as short
BingX VELVET-USDT	+0.0286%	4h	0.05854	+0.137%	—	$1.4M	—	as long as short
edgeX VELVETUSDCshort	+0.0286%	4h	0.05839	−0.124%	$2K	$203K	10x
MEXC VELVET_USDT	+0.0310%	4h	0.05855	+0.154%	$2.0M	$396K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0327%	4h	0.05856	+0.174%	$4.3M	$5.4M	10x	as long as short
Extended VELVET-USD	+0.0328%	1h	0.05853	+0.124%	$2K	$163K	5x	as long as short
BloFin VELVET-USDT	+0.0550%	4h	0.05843	−0.051%	$260K	$131K	50x	as long as short