Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.159%

Price spread now: Bitget against Variational Omni+0.086%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.086% dearer against Variational Omni than usual: you sell high and buy low, +$9 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	Variational Omni VELVET	0.05814	0.0100	pay 0.0050% / 4h	27m 40s	$35K	$51K	—
Short	Bitget VELVETUSDT	0.05819	0.0100	get 0.0050% / 4h	27m 40s	$1.1M	$657K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → 0.000%: $8.63
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$3.37
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 3 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	5.16 bp	38.9 bp −$39	doesn't fit	doesn't fit	doesn't fit

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	0.05804	−0.167%	$9K	$18K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05810	−0.068%	$1.6M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05804	−0.172%	$695K	$908K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05802	−0.206%	$919K	$529K	10x	as long as short
Bitget VELVETUSDTshort	+0.0100%	4h	0.05819	+0.086%	$1.1M	$657K	10x
Variational Omni VELVETlong	+0.0100%	4h	0.05814	long leg	$35K	$51K	—
HTX VELVET-USDT	+0.0100%	4h	0.05813	−0.017%	$12K	$24K	20x	as long as short
edgeX VELVETUSDC	+0.0102%	4h	0.05805	−0.149%	$2K	$205K	10x	as long as short
BingX VELVET-USDT	+0.0102%	4h	0.05812	−0.034%	—	$1.4M	—	as long as short
Binance VELVETUSDT	+0.0103%	4h	0.05805	−0.150%	$4.3M	$5.4M	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC VELVET_USDT	+0.0108%	4h	0.05805	−0.154%	$2.0M	$400K	50x	as long as short
Extended VELVET-USD	+0.0112%	1h	0.05802	−0.200%	$4K	$164K	5x	as long as short
BloFin VELVET-USDT	+0.0342%	4h	0.05805	−0.154%	$257K	$127K	50x	as long as short