Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against MEXC+0.008%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.008%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELVET_USDT | 0.05853 | 0.0586 | pay 0.0293% / 4h | 1h 04m | $2.0M | $388K | 50x |
| Short | Binance VELVETUSDT | 0.05853 | 0.0585 | get 0.0292% / 4h | 1h 04m | $4.3M | $5.5M | 10x |
MEXC VELVET_USDT
Binance VELVETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.3
- Price spread: +0.008% → +0.002%
- $0.58
- Slippage, 4 orders
- −$67.96
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.69
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 3 min ago.
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, 2 min ago | 0.85 bp | 16.9 bp −$17 | 64.2 bp −$642 | 170.6 bp −$17.1K | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.71 bp | 25.4 bp −$25 | 118.7 bp −$1,187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VELVET_USDT | +0.0100% | 4h | 0.05850 | −0.051% | $696K | $936K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05850 | −0.051% | $938K | $515K | 10x | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05872 | +0.325% | $12K | $20K | 20x | as long as short |
| Aster VELVETUSDT | +0.0119% | 4h | 0.05845 | −0.143% | $9K | $18K | 5x | as long as short |
| Bitget VELVETUSDT | +0.0124% | 4h | 0.05863 | +0.171% | $1.1M | $631K | 10x | as long as short |
| Variational Omni VELVET | +0.0276% | 4h | 0.05864 | +0.187% | $36K | $51K | — | as long as short |
| Bybit VELVETUSDT | +0.0292% | 4h | 0.05850 | −0.051% | $1.6M | $1.5M | 5x | as long as short |
| edgeX VELVETUSDC | +0.0553% | 4h | 0.05865 | +0.201% | $2K | $197K | 10x | as long as short |
| BingX VELVET-USDT | +0.0554% | 4h | 0.05860 | +0.120% | — | $1.4M | — | as long as short |
| Extended VELVET-USD | +0.0584% | 1h | 0.05849 | −0.066% | $3K | $113K | 5x | as long as short |
Gate VELVET_USDT
KuCoin VELVETUSDTM
HTX VELVET-USDT
Aster VELVETUSDT
Bitget VELVETUSDT
Variational Omni VELVET
Bybit VELVETUSDT
edgeX VELVETUSDC
BingX VELVET-USDT
Extended VELVET-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance VELVETUSDTshort | +0.0585% | 4h | 0.05853 | +0.008% | $4.3M | $5.5M | 10x | |
| MEXC VELVET_USDTlong | +0.0586% | 4h | 0.05853 | long leg | $2.0M | $388K | 50x | |
| BloFin VELVET-USDT | +0.0827% | 4h | 0.05856 | +0.051% | $260K | $129K | 50x | as long as short |
BloFin VELVET-USDT