VELO funding rates

VELO perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 07:20 UTC · refreshed every 5 min

Best pair · 7d: 8.2%long Bybit, short Gate · net 1.4%
Highest funding now: 10.9%Aster
Lowest funding now: −6.6%Variational
Listed on: 5 venues

Funding by venue

													Open
Aster	VELOUSDT	10.9%	10.9%	10.1%	10.2%	9.9%	98%	1h	08:00	0.004982	$3k	$2k	AsAster
GateCEX	VELO_USDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	8h	08:00	0.004981	$156k	$44k	GtGate
MEXCCEX	VELO_USDT	−2.7%	−15.6%	2.8%	9.1%	5.9%	81%	8h	08:00	0.004971	$1.5M	$293k	MxMEXC
BybitCEX	VELOUSDT	−3.5%	−15.4%	2.8%	9.1%	5.8%	81%	8h	08:00	0.004979	$488k	$591k	ByBybit
Variational	VELO	−6.6%	−5.1%	4.4%	9.4%	6.0%	84%	8h	—	0.00497	$7k	$931	VaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
MEXCCEX	GateCEX	13.7%	26.5%	8.1%	1.8%	3.2%	4.8%	8.5d	spike ×5.2	$156k		Mx Gt	calc
MEXCCEX	Aster	13.7%	26.5%	7.3%	1.1%	4.1%	6.2%	6.0d	spike ×6.5	$3k	low OI8h/1h	Mx As	calc
Variational	Aster	17.5%	16.0%	5.7%	0.8%	3.6%	5.4%	5.1d	spike ×4.0	$3k	low OI8h/1hspread not incl.	Va As	calc
BybitCEX	GateCEX	14.5%	26.4%	8.2%	1.9%	1.4%	2.1%	12d	spike ×5.1	$156k		By Gt	calc
Variational	GateCEX	17.5%	16.0%	6.6%	1.6%	2.6%	4.0%	8.3d	spike ×3.2	$7k	low OIspread not incl.	Va Gt	calc
BybitCEX	Aster	14.5%	26.4%	7.3%	1.1%	2.3%	3.5%	9.5d	spike ×6.4	$3k	low OI8h/1h	By As	calc
MEXCCEX	Variational	−3.8%	10.5%	1.6%	0.3%	0.5%	0.8%	9.3d	weak	$7k	low OIspread not incl.	Mx Va	calc
BybitCEX	Variational	−3.0%	10.3%	1.6%	0.3%	−1.3%	−1.9%	25d	weak	$7k	low OIspread not incl.	By Va	calc
BybitCEX	MEXCCEX	0.8%	−0.1%	0.0%	0.0%	−3.9%	−5.8%	>999d	weak	$488k		By Mx	calc
Variational	MEXCCEX	3.8%	−10.5%	−1.6%	−0.3%	−2.6%	−3.9%	—	weak	$7k	low OIspread not incl.	Va Mx	calc
Variational	BybitCEX	3.0%	−10.3%	−1.6%	−0.3%	−4.5%	−6.7%	—	weak	$7k	low OIspread not incl.	Va By	calc
Aster	GateCEX	0.0%	0.0%	0.9%	0.8%	−5.1%	−7.7%	96d	weak	$3k	low OI1h/8h	As Gt	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 07:20 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.00497045, sell on Aster at 0.00498235: 0.239% before fees, 0.159% after taker fees.

VELO: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Aster0.00498235	Gate0.004981	Bybit0.004979	MEXC0.004971	Variational0.00497045
Variational0.00497045	0.239%	0.212%	0.172%	0.011%	—
MEXC0.004971	0.228%	0.201%	0.161%	—	−0.011%
Bybit0.004979	0.067%	0.040%	—	−0.161%	−0.172%
Gate0.004981	0.027%	—	−0.040%	−0.201%	−0.212%
Aster0.00498235	—	−0.027%	−0.067%	−0.228%	−0.239%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.00498235	0.00498235	mark	4m	$2k	no FX
BybitCEX	0.004979	0.004979	mark	9m	$591k	no FX
GateCEX	0.004981	0.004981	mark	9m	$44k	no FX
MEXCCEX	0.004971	0.004971	mark	4m	$293k	no FX
Variational	0.00497045	0.00497045	mark	4m	$931

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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