VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.157%

Price spread now: Gate against Variational Omni−0.481%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 Gate

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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.481% cheaper against Variational Omni than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VELVET	0.05844	0.0218	pay 0.0109% / 4h	2h 37m	$35K	$51K	—
Short	Gate VELVET_USDT	0.05816	0.0100	get 0.0050% / 4h	2h 37m	$698K	$914K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.481%Rate

Funding earned: −$24.74
Price spread: −0.481% → 0.000%: −$48.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$87.81
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 9 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 Gate live order book, 9 min ago	6.82 bp	91.2 bp −$91	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	0.05827	−0.300%	$9K	$18K	5x	as long as short
Gate VELVET_USDTshort	+0.0100%	4h	0.05816	−0.481%	$698K	$914K	10x
KuCoin VELVETUSDTM	+0.0100%	4h	0.05814	−0.515%	$929K	$522K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05829	−0.258%	$1.1M	$629K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05831	−0.224%	$12K	$21K	20x	as long as short
Bybit VELVETUSDT	+0.0171%	4h	0.05840	−0.070%	$1.6M	$1.5M	5x	as long as short
Variational Omni VELVETlong	+0.0218%	4h	0.05844	long leg	$35K	$51K	—
Extended VELVET-USD	+0.0448%	1h	0.05825	−0.322%	$1K	$151K	5x	as long as short
Binance VELVETUSDT	+0.0452%	4h	0.05832	−0.210%	$4.3M	$5.4M	10x	as long as short
MEXC VELVET_USDT	+0.0466%	4h	0.05832	−0.207%	$2.0M	$388K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX VELVET-USDT	+0.0480%	4h	0.05823	−0.361%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0512%	4h	0.05849	+0.088%	$2K	$201K	10x	as long as short
BloFin VELVET-USDT	+0.0707%	4h	0.05819	−0.429%	$259K	$130K	50x	as long as short