VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0265%/8h= +29.0% APRnext payment +$1.32 per $10,000 · paid last 24h −0.037%

Price spread now: edgeX against Variational Omni+0.143%59s7-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 edgeX

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 · edgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.143% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VELVET	0.05854	0.0100	pay 0.0050% / 4h	2h 20m	$39K	$12K	—
Short	edgeX VELVETUSDC	0.05862	0.0365	get 0.0182% / 4h	2h 20m	$1K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.143%Rate

Funding earned: $55.61
Price spread: +0.143% → 0.000%: $14.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $60.87
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; edgeX: live order book, 29 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 edgeX live order book, 29 min ago	2.57 bp	doesn't fit	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 exchanges

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	0.05856	+0.031%	$8K	$16K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05856	+0.038%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05848	−0.099%	$685K	$933K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05849	−0.082%	$1.0M	$421K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05858	+0.072%	$1.1M	$580K	10x	as long as short
Variational Omni VELVETlong	+0.0100%	4h	0.05854	long leg	$39K	$12K	—
HTX VELVET-USDT	+0.0100%	4h	0.05854	+0.003%	$12K	$16K	20x	as long as short
Binance VELVETUSDT	+0.0320%	4h	0.05850	−0.065%	$4.3M	$5.2M	10x	as long as short
Extended VELVET-USD	+0.0328%	1h	0.05849	−0.078%	$3K	$235K	5x	as long as short
MEXC VELVET_USDT	+0.0330%	4h	0.05849	−0.082%	$2.0M	$404K	50x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX VELVET-USDT	+0.0354%	4h	0.05858	+0.072%	—	$1.4M	—	as long as short
edgeX VELVETUSDCshort	+0.0365%	4h	0.05862	+0.143%	$1K	$190K	10x
BloFin VELVET-USDT	+0.0572%	4h	0.05878	+0.413%	$263K	$125K	50x	as long as short