VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0447%/8h= +48.9% APRnext payment +$2.24 per $10,000 · paid last 24h +0.036%

Price spread now: edgeX against KuCoin+0.066%7-day average −0.036% · you sell dearer than you buy

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

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.259%−$26 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.066%, 7d avg −0.036%

Together, before fees−0.288%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.102% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.259%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.259% in total (about -13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VELVETUSDTM	0.05870	0.0100	pay 0.0050% / 4h	1h 40m	$944K	$524K	10x
Short	edgeX VELVETUSDC	0.05874	0.0547	get 0.0274% / 4h	1h 40m	$2K	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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 KuCoinbpFee edgeXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $93.87
Price spread: +0.066% → −0.036%: $10.22
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $83.1
Costs to cover: 0.210%
Break-even: 0.8 days

Slippage unknown: KuCoin: live order book, 39 min ago; edgeX: live order book, 1 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 KuCoin live order book, 39 min ago	11.05 bp	59.5 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	3.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	0.05874	+0.066%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05875	+0.085%	$700K	$921K	10x	as long as short
KuCoin VELVETUSDTMlong	+0.0100%	4h	0.05870	long leg	$944K	$524K	10x
Bitget VELVETUSDT	+0.0100%	4h	0.05878	+0.136%	$1.1M	$633K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05874	+0.068%	$12K	$20K	20x	as long as short
Bybit VELVETUSDT	+0.0146%	4h	0.05870	0.000%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVET	+0.0179%	4h	0.05864	−0.103%	$36K	$51K	—	as long as short
BingX VELVET-USDT	+0.0520%	4h	0.05879	+0.153%	—	$1.4M	—	as long as short
Binance VELVETUSDT	+0.0534%	4h	0.05870	−0.005%	$4.3M	$5.5M	10x	as long as short
Extended VELVET-USD	+0.0536%	1h	0.05871	+0.019%	$2K	$150K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC VELVET_USDT	+0.0544%	4h	0.05873	+0.051%	$2.0M	$383K	50x	as long as short
edgeX VELVETUSDCshort	+0.0547%	4h	0.05874	+0.066%	$2K	$200K	10x
BloFin VELVET-USDT	+0.0774%	4h	0.05861	−0.153%	$260K	$129K	50x	as long as short