VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0245%/8h= −26.9% APRnext payment −$1.23 per $10,000 · paid last 24h +0.094%

Price spread now: Variational Omni against MEXC+0.407%7-day average — · you sell dearer than you buy

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

Long on MEXC 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

The price spread pays, funding is against you. Variational Omni is 0.407% dearer against MEXC than usual: you sell high and buy low (spread +0.407% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VELVET_USDT	0.05875	0.0560	pay 0.0280% / 4h	1h 57m	$2.0M	$380K	50x
Short	Variational Omni VELVET	0.05899	0.0315	get 0.0157% / 4h	1h 57m	$36K	$51K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.407%Rate

Funding earned: −$51.53
Price spread: +0.407% → 0.000%: $40.7
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.83
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago	1.70 bp	47.4 bp −$47	79.6 bp −$796	135.5 bp −$13.5K	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	0.05880	+0.085%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05881	+0.102%	$703K	$912K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05877	+0.034%	$939K	$523K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05876	+0.017%	$1.1M	$635K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05900	+0.426%	$12K	$21K	20x	as long as short
Variational Omni VELVETshort	+0.0315%	4h	0.05899	+0.407%	$36K	$51K	—
Bybit VELVETUSDT	+0.0339%	4h	0.05880	+0.085%	$1.6M	$1.5M	5x	as long as short
BingX VELVET-USDT	+0.0544%	4h	0.05891	+0.272%	—	$1.4M	—	as long as short
Binance VELVETUSDT	+0.0556%	4h	0.05878	+0.053%	$4.4M	$5.5M	10x	as long as short
Extended VELVET-USD	+0.0560%	1h	0.05877	+0.042%	$6K	$147K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC VELVET_USDTlong	+0.0560%	4h	0.05875	long leg	$2.0M	$380K	50x
edgeX VELVETUSDC	+0.0576%	4h	0.05885	+0.174%	$2K	$199K	10x	as long as short
BloFin VELVET-USDT	+0.0796%	4h	0.05879	+0.068%	$260K	$130K	50x	as long as short