VELVET funding rates and arbitrage
Updated 2026-10-29 21:24 UTC
Best VELVET arbitrage after every cost
No VELVET pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
VELVET funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bybit | VELVETUSDT | 0.0523% | 4 h | +114.6% | +23.1% | $1M | 2026-10-30 00:00 |
| BingX | VELVET-USDT | 0.0432% | 4 h | +94.6% | +35.4% | $621.6K | 2026-10-30 00:00 |
| Extended | VELVET-USD | 0.0036% | 1 h | +31.5% | +23.4% | $2.5K | 2026-10-29 22:00 |
| LBank | VELVETUSDT | 0.0142% | 4 h | +31.2% | — | — | 2026-10-30 00:00 |
| MEXC | VELVET_USDT | 0.0142% | 4 h | +31.1% | +25.2% | $733.3K | 2026-10-30 00:00 |
| Binance | VELVETUSDT | 0.0140% | 4 h | +30.7% | +25.2% | $2.8M | 2026-10-30 00:00 |
| BloFin | VELVET-USDT | 0.0136% | 4 h | +29.9% | +24.8% | $158K | 2026-10-30 00:00 |
| Aster | VELVETUSDT | 0.0136% | 4 h | +29.8% | +33.7% | $7.6K | 2026-10-30 00:00 |
| Bitunix | VELVETUSDT | 0.0125% | 4 h | +27.3% | +25.0% | — | 2026-10-30 00:00 |
| KuCoin | VELVETUSDTM | 0.0050% | 4 h | +10.9% | +8.8% | $691.2K | 2026-10-30 00:00 |
| Bitget | VELVETUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $917.6K | 2026-10-30 00:00 |
| HTX | VELVET-USDT | 0.0050% | 4 h | +10.9% | +11.1% | $13.3K | 2026-10-30 00:00 |
| Variational | VELVET-PERP | 0.0050% | 4 h | +10.9% | — | $12.3K | 2026-10-30 00:00 |
| Gate | VELVET_USDT | 0.0050% | 4 h | +10.9% | +8.9% | $420.5K | 2026-10-30 00:00 |
Borrow VELVET to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.11% | — |
Cost to enter $10,000 of VELVET
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | VELVET_USDT | 2.6 bp | top of book only |
| Binance | VELVETUSDT | 6.8 bp | top of book only |
| Extended | VELVET-USD | 6.8 bp | top of book only |
| BingX | VELVET-USDT | 8.5 bp | top of book only |
| BloFin | VELVET-USDT | 9.5 bp | top of book only |
| Gate | VELVET_USDT | 10.2 bp | top of book only |
| Variational | VELVET-PERP | 11.4 bp | top of book only |
| Bitget | VELVETUSDT | 12.2 bp | top of book only |
| Aster | VELVETUSDT | 12.8 bp | top of book only |
| Bybit | VELVETUSDT | 13.4 bp | top of book only |
| HTX | VELVET-USDT | 15.7 bp * | top of book only |
| KuCoin | VELVETUSDTM | 17.5 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on VELVET
Questions
Is VELVET funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no VELVET pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest VELVET funding rate?
Bybit at +114.6% a year (0.0523% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.