VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0364%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.091%

Price spread now: MEXC against HTX−0.102%7-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 MEXC

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 pays, the price is against you. MEXC is 0.102% cheaper against HTX than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 22 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX VELVET-USDT	0.05897	0.0100	pay 0.0050% / 4h	2h 59m	$12K	$17K	20x
Short	MEXC VELVET_USDT	0.05891	0.0464	get 0.0232% / 4h	2h 59m	$2.0M	$387K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.102%Rate

Funding earned: $76.44
Price spread: −0.102% → 0.000%: −$10.17
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: $54.27
Costs to cover: 0.120%
Break-even: 2.0 days

Slippage unknown: HTX: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	1.70 bp	16.1 bp −$16	55.0 bp −$550	142.1 bp −$14.2K	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	0.05883	−0.235%	$8K	$16K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05890	−0.119%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05883	−0.237%	$687K	$952K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05890	−0.119%	$1.0M	$464K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05900	+0.051%	$1.1M	$596K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05894	−0.052%	$39K	$15K	—	as long as short
HTX VELVET-USDTlong	+0.0100%	4h	0.05897	long leg	$12K	$17K	20x
Extended VELVET-USD	+0.0464%	1h	0.05890	−0.113%	$2K	$234K	5x	as long as short
MEXC VELVET_USDTshort	+0.0464%	4h	0.05891	−0.102%	$2.0M	$387K	50x
Binance VELVETUSDT	+0.0466%	4h	0.05889	−0.136%	$4.3M	$5.5M	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	0.05892	−0.085%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0511%	4h	0.05897	−0.008%	$1K	$194K	10x	as long as short
BloFin VELVET-USDT	+0.0714%	4h	0.05898	+0.017%	$261K	$130K	50x	as long as short