ArbiLayer

VELVET arbitrage

live

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

Best net spread-0.12%Variational → Binance · Perp–Perp
Best perp–perp spread+0.04%Variational → Binance
Markets tracked139 venues · 9 perp · 4 spot · 0 DEX
Price range0.33%$0.0712 – $0.0714

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.0713Bitget logoBitgetspot$0.0714 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
Gate logoGatespot$0.0713Bitget logoBitgetspot$0.0714 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0714Bitget logoBitgetspot$0.0714 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0713Gate logoGatespot$0.0713 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0714Gate logoGatespot$0.0713 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0714Gate logoGatespot$0.0713 -0.15%-0.35% -0.15%— 0.000%— LS Chart →
Gate logoGatespot$0.0713KuCoin logoKuCoinspot$0.0712 -0.18%-0.38% -0.18%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0714KuCoin logoKuCoinspot$0.0712 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0714KuCoin logoKuCoinspot$0.0712 -0.25%-0.45% -0.25%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0713MEXC logoMEXCspot$0.0711 -0.29%-0.49% -0.29%— 0.000%— LS Chart →
Gate logoGatespot$0.0713MEXC logoMEXCspot$0.0711 -0.34%-0.54% -0.34%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0714MEXC logoMEXCspot$0.0711 -0.39%-0.59% -0.39%— 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.

VELVET price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · VELVETUSDTPerpetual $0.0713$0.0715$0.0714+0.08% +0.177%$2.20M
Bitget logoBitgetPerpetual · VELVETUSDTPerpetual $0.0713$0.0714$0.0714+0.03% +0.030%$1.91M
MEXC logoMEXCPerpetual · VELVET_USDTPerpetual $0.0713$0.0714$0.0713-0.04% +0.046%$1.28M
KuCoin logoKuCoinPerpetual · VELVETUSDTMPerpetual $0.0713$0.0714$0.0714+0.01% +0.030%$793.9K
KuCoin logoKuCoinSpot · VELVET-USDTSpot $0.0712$0.0713$0.0713-0.12% —$550.7K
Gate logoGateSpot · VELVET_USDTSpot $0.0713$0.0713$0.0713-0.05% —$396.6K
Bitget logoBitgetSpot · VELVETUSDTSpot $0.0714$0.0714$0.0714+0.04% —$376.6K
Gate logoGatePerpetual · VELVET_USDTPerpetual $0.0713$0.0713$0.0713-0.04% +0.030%$191.4K
HTX logoHTXPerpetual · VELVET-USDTPerpetual $0.0712$0.0716$0.0714+0.09% +0.015%$169.8K
Variational logoVariationalPerpetual · VELVETPerpetual $0.0711$0.0713$0.0712-0.24% +0.031%$4.8K
Binance logoBinancePerpetual · VELVETUSDTPerpetual $0.0713$0.0714$0.07130.00% +0.046%—
Aster logoAsterPerpetual · VELVETUSDTPerpetual $0.0713$0.0714$0.0714+0.01% +0.030%—
MEXC logoMEXCSpot · VELVETUSDTSpot $0.0711$0.0714$0.0712-0.14% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

VELVET arbitrage explained

Right now Velvet (VELVET) trades on 9 venues we scan: 9 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.0713 and the highest bid on Bitget spot at $0.0714.

The widest VELVET perpetual spread is between Variational and Binance: long VELVET on Variational at $0.0713 and short on Binance at $0.0713 for +0.04% gross, or -0.12% 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 +0.015% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best VELVET route is to buy spot on KuCoin and short the perpetual on Binance: +0.03% gross, -0.17% net, with +0.046% a day of funding on the short leg.

Spot–spot VELVET arbitrage (buy on KuCoin, withdraw, deposit and sell on Bitget) shows +0.07% 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 VELVET 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: VELVET funding rates · VELVET spread charts · Velvet price · arbitrage scanner for all coins.

Is there a VELVET arbitrage opportunity right now?

The best VELVET route right now is to buy on Variational → sell on Binance (Perp–Perp): +0.04% gross and -0.12% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest VELVET?

Variational (perp) has the lowest VELVET ask at $0.0713, and Bitget (spot) the highest bid at $0.0714. Prices update every 15 seconds on this page.

How many exchanges list VELVET?

ArbiLayer tracks 13 VELVET markets on 9 venues: 9 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage VELVET without transferring coins?

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

Arbitrage for other coins