VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0606%/8h= +66.4% APRnext payment +$3.03 per $10,000 · paid last 24h −0.022%

Price spread now: BloFin against Variational Omni−0.202%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on BloFin

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

Funding pays, the price is against you. BloFin is 0.202% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.202% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 27 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VELVET	0.05904	0.0224	pay 0.0112% / 4h	22m 55s	$36K	$51K	—
Short	BloFin VELVET-USDT	0.05892	0.0830	get 0.0415% / 4h	22m 55s	$263K	$132K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.202%Rate

Funding earned: $127.33
Price spread: −0.202% → 0.000%: −$20.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $95.16
Costs to cover: 0.120%
Break-even: 1.8 days

Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 49 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 BloFin live order book, 49 min ago	9.41 bp	24.4 bp −$24	59.8 bp −$598	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
Gate VELVET_USDT	+0.0100%	4h	0.05893	−0.185%	$702K	$929K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05894	−0.168%	$947K	$505K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05896	−0.134%	$1.1M	$622K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05902	−0.032%	$12K	$19K	20x	as long as short
Aster VELVETUSDT	+0.0118%	4h	0.05891	−0.218%	$9K	$18K	5x	as long as short
Bybit VELVETUSDT	+0.0135%	4h	0.05891	−0.219%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVETlong	+0.0224%	4h	0.05904	long leg	$36K	$51K	—
Binance VELVETUSDT	+0.0590%	4h	0.05908	+0.069%	$4.4M	$5.5M	10x	as long as short
BingX VELVET-USDT	+0.0591%	4h	0.05903	−0.015%	—	$1.4M	—	as long as short
Extended VELVET-USD	+0.0592%	1h	0.05907	+0.048%	$3K	$235K	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_USDT	+0.0602%	4h	0.05909	+0.086%	$2.0M	$386K	50x	as long as short
edgeX VELVETUSDC	+0.0615%	4h	0.05906	+0.033%	$2K	$196K	10x	as long as short
BloFin VELVET-USDTshort	+0.0830%	4h	0.05892	−0.202%	$263K	$132K	50x