Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.014%
Price spread now: Extended against MEXC−0.047%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.047%, 7d avg −0.045%
=Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VELVET_USDT | 0.05914 | 0.0566 | pay 0.0283% / 4h | 3h 31m | $2.0M | $395K | 50x |
| Short | Extended VELVET-USD | 0.05911 | 0.0560 | get 0.0070% / 1h | 31m 48s | $2K | $240K | 5x |
MEXC VELVET_USDT
Extended VELVET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$1.26
- Price spread: −0.047% → −0.045%
- −$0.24
- Slippage, 4 orders
- −$120
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$126.5
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 65 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, 5 min ago | 2.52 bp | 12.4 bp −$12 | 55.9 bp −$559 | 129.9 bp −$13.0K | 578.3 bp −$289.1K |
| Sell Extended live order book, 65 min ago | 7.85 bp | 47.3 bp −$47 | 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 | 0.05916 | +0.029% | $9K | $16K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05914 | 0.000% | $1.6M | $1.5M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05909 | −0.085% | $702K | $923K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05909 | −0.085% | $1.0M | $511K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05921 | +0.118% | $1.1M | $633K | 10x | as long as short |
| Variational Omni VELVET | +0.0100% | 4h | 0.05964 | +0.846% | $39K | $54K | — | as long as short |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05963 | +0.829% | $12K | $17K | 20x | as long as short |
| Binance VELVETUSDT | +0.0559% | 4h | 0.05913 | −0.020% | $4.3M | $5.6M | 10x | as long as short |
| Extended VELVET-USDshort | +0.0560% | 1h | 0.05911 | −0.047% | $2K | $240K | 5x | |
| MEXC VELVET_USDTlong | +0.0566% | 4h | 0.05914 | long leg | $2.0M | $395K | 50x |
Aster VELVETUSDT
Bybit VELVETUSDT
Gate VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
Variational Omni VELVET
HTX VELVET-USDT
Binance VELVETUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX VELVET-USDT | +0.0584% | 4h | 0.05915 | +0.017% | — | $1.4M | — | as long as short |
| edgeX VELVETUSDC | +0.0590% | 4h | 0.05964 | +0.851% | $2K | $195K | 10x | as long as short |
| BloFin VELVET-USDT | +0.0808% | 4h | 0.05959 | +0.761% | $266K | $134K | 50x | as long as short |
BingX VELVET-USDT
edgeX VELVETUSDC
BloFin VELVET-USDT