VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.39 per $10,000 · paid last 24h +0.129%

Price spread now: Variational Omni against KuCoin+0.173%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.173% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VELVETUSDTM	0.05829	0.0100	pay 0.0050% / 4h	2h 27m	$930K	$524K	10x
Short	Variational Omni VELVET	0.05839	0.0179	get 0.0089% / 4h	2h 27m	$35K	$51K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.173%Rate

Funding earned: $16.55
Price spread: +0.173% → 0.000%: $17.32
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $21.86
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 57 min ago; Variational Omni: no order-book sample. 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, 57 min ago	9.40 bp	59.9 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	0.05833	+0.073%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05826	−0.051%	$701K	$920K	10x	as long as short
KuCoin VELVETUSDTMlong	+0.0100%	4h	0.05829	long leg	$930K	$524K	10x
Bitget VELVETUSDT	+0.0100%	4h	0.05839	+0.172%	$1.1M	$631K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05842	+0.223%	$12K	$21K	20x	as long as short
Bybit VELVETUSDT	+0.0104%	4h	0.05838	+0.154%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVETshort	+0.0179%	4h	0.05839	+0.173%	$35K	$51K	—
MEXC VELVET_USDT	+0.0396%	4h	0.05830	+0.017%	$2.0M	$391K	50x	as long as short
Binance VELVETUSDT	+0.0397%	4h	0.05829	0.000%	$4.3M	$5.4M	10x	as long as short
Extended VELVET-USD	+0.0400%	1h	0.05829	+0.008%	$1K	$146K	5x	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	+0.0400%	4h	0.05829	0.000%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0407%	4h	0.05842	+0.218%	$1K	$200K	10x	as long as short
BloFin VELVET-USDT	+0.0637%	4h	0.05824	−0.086%	$259K	$131K	50x	as long as short