Funding arb · Price arb /

VELVET

all VELVET markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.129%

Price spread now: HTX against Variational Omni−0.079%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 HTX

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.079% cheaper against Variational Omni than usual: you would sell low and buy high, −$8 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	0.05844	0.0100	pay 0.0050% / 4h	1h 56m	$39K	$12K	—
Short	HTX VELVET-USDT	0.05839	0.0100	get 0.0050% / 4h	1h 56m	$12K	$15K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → 0.000%: −$7.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$19.92
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; HTX: no order-book sample. 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 HTX no order-book sample	—	—	—	—	—

Variational Omni and HTX: 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	0.05831	−0.214%	$8K	$16K	5x	as long as short
Bybit VELVETUSDT	+0.0100%	4h	0.05830	−0.233%	$1.5M	$1.4M	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05823	−0.353%	$689K	$911K	10x	as long as short
KuCoin VELVETUSDTM	+0.0100%	4h	0.05833	−0.182%	$1.0M	$403K	10x	as long as short
Bitget VELVETUSDT	+0.0100%	4h	0.05840	−0.062%	$1.1M	$568K	10x	as long as short
Variational Omni VELVETlong	+0.0100%	4h	0.05844	long leg	$39K	$12K	—
HTX VELVET-USDTshort	+0.0100%	4h	0.05839	−0.079%	$12K	$15K	20x
Binance VELVETUSDT	+0.0222%	4h	0.05828	−0.267%	$4.3M	$5.0M	10x	as long as short
Extended VELVET-USD	+0.0224%	1h	0.05826	−0.300%	$2K	$234K	5x	as long as short
MEXC VELVET_USDT	+0.0232%	4h	0.05829	−0.250%	$2.0M	$366K	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	+0.0262%	4h	0.05833	−0.182%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0263%	4h	0.05842	−0.021%	$1K	$190K	10x	as long as short
BloFin VELVET-USDT	+0.0472%	4h	0.05841	−0.045%	$261K	$118K	50x	as long as short