Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against HTX+0.051%50s7-day average — · you sell dearer than you buy

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

Long on HTX Short on Gate

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—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.051% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	0.05831	0.0100	pay 0.0050% / 4h	2h 37m	$12K	$21K	20x
Short	Gate VELVET_USDT	0.05834	0.0100	get 0.0050% / 4h	2h 37m	$702K	$915K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → 0.000%: $5.14
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$21.86
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Gate: live order book, 9 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 Gate live order book, 9 min ago	6.82 bp	91.2 bp −$91	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	0.05841	+0.177%	$9K	$18K	5x	as long as short
Gate VELVET_USDTshort	+0.0100%	4h	0.05834	+0.051%	$702K	$915K	10x
KuCoin VELVETUSDTM	+0.0100%	4h	0.05829	−0.034%	$932K	$522K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05850	+0.326%	$1.1M	$629K	10x	as long as short
HTX VELVET-USDTlong	+0.0100%	4h	0.05831	long leg	$12K	$21K	20x
Bybit VELVETUSDT	+0.0184%	4h	0.05848	+0.292%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVET	+0.0218%	4h	0.05844	+0.225%	$35K	$51K	—	as long as short
Extended VELVET-USD	+0.0448%	1h	0.05845	+0.233%	$1K	$151K	5x	as long as short
MEXC VELVET_USDT	+0.0450%	4h	0.05850	+0.326%	$2.0M	$388K	50x	as long as short
Binance VELVETUSDT	+0.0452%	4h	0.05852	+0.353%	$4.3M	$5.4M	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX VELVET-USDT	+0.0470%	4h	0.05846	+0.257%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0487%	4h	0.05818	−0.223%	$1K	$201K	10x	as long as short
BloFin VELVET-USDT	+0.0707%	4h	0.05819	−0.206%	$259K	$130K	50x	as long as short