VELVET

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.129%

Price spread now: KuCoin against Variational Omni−0.270%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 KuCoin

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 −$2 a day on $10k at the current rate, and KuCoin is 0.270% cheaper against Variational Omni than usual: you would sell low and buy high (−$27 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	0.05884	0.0159	pay 0.0080% / 4h	3h 25m	$36K	$51K	—
Short	KuCoin VELVETUSDTM	0.05868	0.0100	get 0.0050% / 4h	3h 25m	$932K	$526K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.270%Rate

Funding earned: −$12.46
Price spread: −0.270% → 0.000%: −$27.04
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 64 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 KuCoin live order book, 64 min ago	11.19 bp	290.1 bp −$290	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	0.05871	−0.225%	$9K	$18K	5x	as long as short
Gate VELVET_USDT	+0.0100%	4h	0.05867	−0.287%	$703K	$909K	10x	as long as short
KuCoin VELVETUSDTMshort	+0.0100%	4h	0.05868	−0.270%	$932K	$526K	10x
Bitget VELVETUSDT	+0.0100%	4h	0.05874	−0.168%	$1.1M	$644K	10x	as long as short
HTX VELVET-USDT	+0.0100%	4h	0.05874	−0.168%	$12K	$23K	20x	as long as short
Variational Omni VELVETlong	+0.0159%	4h	0.05884	long leg	$36K	$51K	—
Bybit VELVETUSDT	+0.0234%	4h	0.05880	−0.066%	$1.6M	$1.4M	5x	as long as short
BingX VELVET-USDT	+0.0292%	4h	0.05871	−0.219%	—	$1.4M	—	as long as short
edgeX VELVETUSDC	+0.0349%	4h	0.05875	−0.150%	$2K	$202K	10x	as long as short
MEXC VELVET_USDT	+0.0374%	4h	0.05872	−0.202%	$2.0M	$397K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VELVETUSDT	+0.0374%	4h	0.05873	−0.185%	$4.3M	$5.4M	10x	as long as short
Extended VELVET-USD	+0.0376%	1h	0.05867	−0.282%	$2K	$163K	5x	as long as short
BloFin VELVET-USDT	+0.0614%	4h	0.05873	−0.185%	$259K	$131K	50x	as long as short