ArbiLayer

VELO arbitrage

live

Live Velo price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.13%Bybit → Variational · Spot–Perp
Best perp–perp spread+0.02%Bybit → Variational
Markets tracked128 venues · 6 perp · 6 spot · 0 DEX
Price range0.40%$0.005408 – $0.005429

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.005414Variational logoVariational$0.005415 +0.02%-0.14% +0.02%— -0.000%— LS Chart →
MEXC logoMEXC$0.005414Variational logoVariational$0.005415 +0.02%-0.14% +0.02%— -0.000%— LS Chart →
Bybit logoBybit$0.005414Gate logoGate$0.005414 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.005414Gate logoGate$0.005414 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Gate logoGate$0.005416Variational logoVariational$0.005415 -0.02%-0.18% -0.02%— -0.000%— LS Chart →
Bybit logoBybit$0.005414MEXC logoMEXC$0.005411 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.005414Bybit logoBybit$0.005411 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Gate logoGate$0.005416Bybit logoBybit$0.005411 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Gate logoGate$0.005416MEXC logoMEXC$0.005411 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Aster logoAster$0.005428Variational logoVariational$0.005415 -0.24%-0.40% -0.23%— -0.000%— LS Chart →
Aster logoAster$0.005428Gate logoGate$0.005414 -0.26%-0.42% -0.25%— 0.000%— LS Chart →
Aster logoAster$0.005428Bybit logoBybit$0.005411 -0.31%-0.47% -0.30%— 0.000%— LS Chart →
Aster logoAster$0.005428MEXC logoMEXC$0.005411 -0.31%-0.47% -0.30%— 0.000%— LS Chart →
Bybit logoBybit$0.005414Aster logoAster$0.005397 -0.31%-0.47% -0.32%— 0.000%— LS Chart →
MEXC logoMEXC$0.005414Aster logoAster$0.005397 -0.31%-0.47% -0.32%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

VELO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinSpot · VELO-USDTSpot $0.005401$0.00542$0.005411-0.04% —$1.11M
Bybit logoBybitPerpetual · VELOUSDTPerpetual $0.005411$0.005414$0.0054130.00% +0.030%$588.5K
Bitget logoBitgetSpot · VELOUSDTSpot $0.005407$0.005416$0.005412-0.02% —$411.4K
Bybit logoBybitSpot · VELOUSDTSpot $0.005404$0.005411$0.005408-0.09% —$311.2K
MEXC logoMEXCPerpetual · VELO_USDTPerpetual $0.005411$0.005414$0.0054130.00% +0.030%$227.3K
Gate logoGateSpot · VELO_USDTSpot $0.005408$0.005414$0.005411-0.03% —$204.9K
OKX logoOKXSpot · VELO-USDTSpot $0.005405$0.00542$0.0054130.00% —$181.7K
Gate logoGatePerpetual · VELO_USDTPerpetual $0.005414$0.005416$0.005415+0.05% +0.030%$166.0K
KuCoin logoKuCoinPerpetual · VELOUSDTMPerpetual $0.005389$0.005464$0.005427+0.26% +0.030%$19.8K
Variational logoVariationalPerpetual · VELOPerpetual $0.005415$0.005443$0.005429+0.30% +0.030%$479
Aster logoAsterPerpetual · VELOUSDTPerpetual $0.005397$0.005428$0.005413-0.00% +0.030%—
MEXC logoMEXCSpot · VELOUSDTSpot $0.005405$0.005419$0.005412-0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

VELO arbitrage explained

Right now Velo (VELO) trades on 8 venues we scan: 6 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit spot at $0.005411 and the highest bid on Variational perp at $0.005415.

The widest VELO perpetual spread is between Bybit and Variational: long VELO on Bybit at $0.005414 and short on Variational at $0.005415 for +0.02% gross, or -0.14% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.000% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best VELO route is to buy spot on Bybit and short the perpetual on Variational: +0.07% gross, -0.13% net, with +0.030% a day of funding on the short leg.

Spot–spot VELO arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows -0.06% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small VELO gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: VELO funding rates · VELO spread charts · Velo price · arbitrage scanner for all coins.

Is there a VELO arbitrage opportunity right now?

The best VELO route right now is to buy on Bybit spot → sell on Variational (Spot–Perp): +0.07% gross and -0.13% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest VELO?

Bybit (spot) has the lowest VELO ask at $0.005411, and Variational (perp) the highest bid at $0.005415. Prices update every 15 seconds on this page.

How many exchanges list VELO?

ArbiLayer tracks 12 VELO markets on 8 venues: 6 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage VELO without transferring coins?

Use two perpetual contracts: go long VELO on the cheaper exchange (Bybit now) and short it on the more expensive one (Variational), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins