Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.083%

Price spread now: Aster against MEXC−0.051%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.051% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it 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	MEXC VELVET_USDT	0.05800	0.0100	pay 0.0050% / 4h	50m 51s	$2.0M	$363K	50x
Short	Aster VELVETUSDT	0.05797	0.0100	get 0.0050% / 4h	50m 51s	$8K	$16K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee AsterbpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → 0.000%: −$5.11
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$13.11
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Aster: 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 MEXC live order book, 4 min ago	0.86 bp	13.4 bp −$13	57.8 bp −$578	125.8 bp −$12.6K	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 exchanges

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 VELVETUSDTshort	+0.0100%	4h	0.05797	−0.051%	$8K	$16K	5x
Binance VELVETUSDT	+0.0100%	4h	0.05805	+0.082%	$4.3M	$4.7M	10x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05799	−0.017%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05794	−0.103%	$686K	$908K	10x	as long as short
MEXC VELVET_USDTlong	+0.0100%	4h	0.05800	long leg	$2.0M	$363K	50x
KuCoin VELVETUSDTM	+0.0100%	4h	0.05800	0.000%	$1.0M	$382K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05812	+0.207%	$1.1M	$554K	10x	as long as short
BingX VELVET-USDT	+0.0100%	4h	0.05802	+0.034%	—	$1.4M	—	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05803	+0.060%	$38K	$12K	—	as long as short
edgeX VELVETUSDC	+0.0100%	4h	0.05801	+0.012%	$1K	$186K	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX VELVET-USDT	+0.0100%	4h	0.05803	+0.052%	$12K	$13K	20x	as long as short
Extended VELVET-USD	+0.0104%	1h	0.05798	−0.028%	$2K	$225K	5x	as long as short
BloFin VELVET-USDT	+0.0340%	4h	0.05805	+0.086%	$263K	$98K	50x	as long as short