VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.056%

Price spread now: HTX against MEXC−0.359%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 HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.359% cheaper against MEXC than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VELVET_USDT	0.05848	0.0154	pay 0.0077% / 4h	13m 07s	$2.0M	$402K	50x
Short	HTX VELVET-USDT	0.05827	0.0100	get 0.0050% / 4h	13m 07s	$12K	$24K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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 MEXCbpFee HTXbpOrdersPrice spread, now −0.359%Rate

Funding earned: −$11.34
Price spread: −0.359% → 0.000%: −$35.91
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$59.25
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; HTX: 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	11.7 bp −$12	59.6 bp −$596	154.4 bp −$15.4K	578.4 bp −$289.2K
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	0.05841	−0.125%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05838	−0.171%	$699K	$913K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05837	−0.188%	$925K	$527K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05856	+0.137%	$1.1M	$656K	10x	as long as short
Variational Omni VELVET	+0.0100%	4h	0.05834	−0.240%	$35K	$51K	—	as long as short
HTX VELVET-USDTshort	+0.0100%	4h	0.05827	−0.359%	$12K	$24K	20x
Bybit VELVETUSDT	+0.0115%	4h	0.05848	0.000%	$1.6M	$1.4M	5x	as long as short
BingX VELVET-USDT	+0.0126%	4h	0.05848	0.000%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0128%	4h	0.05834	−0.233%	$2K	$205K	10x	as long as short
MEXC VELVET_USDTlong	+0.0154%	4h	0.05848	long leg	$2.0M	$402K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0167%	4h	0.05848	0.000%	$4.3M	$5.4M	10x	as long as short
Extended VELVET-USD	+0.0168%	1h	0.05847	−0.012%	$4K	$158K	5x	as long as short
BloFin VELVET-USDT	+0.0407%	4h	0.05854	+0.103%	$260K	$130K	50x	as long as short