Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.117%
Price spread now: Extended against Variational Omni−0.128%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 · Extended: 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: Extended is 0.128% cheaper against Variational Omni than usual: you would sell low and buy high, −$13 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 | 0.05819 | 0.0100 | pay 0.0050% / 4h | 25m 47s | $35K | $51K | — |
| Short | Extended VELVET-USD | 0.05811 | 0.0104 | get 0.0013% / 1h | 25m 47s | $4K | $164K | 5x |
Variational Omni VELVET
Extended VELVET-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.128% → 0.000%
- −$12.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$16.94
- Costs to cover
- 0.050%
- Break-even
- 148.1 days
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 30 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 Extended live order book, 30 min ago | 6.58 bp | 64.3 bp −$64 | 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 | 0.05807 | −0.210% | $9K | $18K | 5x | as long as short |
| Bybit VELVETUSDT | +0.0100% | 4h | 0.05820 | +0.018% | $1.6M | $1.4M | 5x | as long as short |
| Gate VELVET_USDT | +0.0100% | 4h | 0.05810 | −0.153% | $696K | $908K | 10x | as long as short |
| KuCoin VELVETUSDTM | +0.0100% | 4h | 0.05807 | −0.205% | $920K | $529K | 10x | as long as short |
| Bitget VELVETUSDT | +0.0100% | 4h | 0.05822 | +0.053% | $1.1M | $657K | 10x | as long as short |
| Variational Omni VELVETlong | +0.0100% | 4h | 0.05819 | long leg | $35K | $51K | — | |
| HTX VELVET-USDT | +0.0100% | 4h | 0.05813 | −0.102% | $12K | $24K | 20x | as long as short |
| edgeX VELVETUSDC | +0.0102% | 4h | 0.05805 | −0.234% | $2K | $205K | 10x | as long as short |
| MEXC VELVET_USDT | +0.0102% | 4h | 0.05816 | −0.050% | $2.0M | $400K | 50x | as long as short |
| BingX VELVET-USDT | +0.0102% | 4h | 0.05817 | −0.033% | — | $1.4M | — | as long as short |
Aster VELVETUSDT
Bybit VELVETUSDT
Gate VELVET_USDT
KuCoin VELVETUSDTM
Bitget VELVETUSDT
HTX VELVET-USDT
edgeX VELVETUSDC
MEXC VELVET_USDT
BingX VELVET-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance VELVETUSDT | +0.0103% | 4h | 0.05815 | −0.067% | $4.3M | $5.4M | 10x | as long as short |
| Extended VELVET-USDshort | +0.0104% | 1h | 0.05811 | −0.128% | $4K | $164K | 5x | |
| BloFin VELVET-USDT | +0.0343% | 4h | 0.05815 | −0.067% | $258K | $128K | 50x | as long as short |
Binance VELVETUSDT
BloFin VELVET-USDT