VELO funding rates and arbitrage

VELO perpetuals trade on 5 contracts across 5 venues, forming 10 cross-venue arbitrage pairs. By net APR the current best pair is long Aster against short Bybit, netting 0.00%, though note the legs settle on different cadences (1h / 8h)ใ€‚

VELO perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BybitVELOUSDTUSDT8h0.0100%+10.95%-40.48%$357K0.004057
MEXCVELO_USDTUSDT8h0.0100%+10.95%-40.71%$167K0.004058
GateVELO_USDTUSDT8h0.0100%+10.95%+10.95%$46K0.004064
KuCoinVELOUSDTMUSDT4h0.0050%+10.95%+10.95%$21K0.004071
AsterVELOUSDTUSDT1h0.0013%+10.95%+10.95%$1K0.004070

VELO cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Aster USDTBybit USDT0.00%0.0000%-51.43%1h / 8h$1K
Aster USDTGate USDT0.00%0.0000%-0.00%1h / 8h$1K
Aster USDTKuCoin USDT0.00%0.0000%0.00%1h / 4h$1K
Aster USDTMEXC USDT0.00%0.0000%-51.66%1h / 8h$1K
Bybit USDTGate USDT0.00%0.0000%+51.43%8h matched$46K
Bybit USDTKuCoin USDT0.00%0.0000%+51.43%8h / 4h$21K
Bybit USDTMEXC USDT0.00%0.0000%-0.22%8h matched$167K
Gate USDTKuCoin USDT0.00%0.0000%+0.00%8h / 4h$21K
Gate USDTMEXC USDT0.00%0.0000%-51.66%8h matched$46K
KuCoin USDTMEXC USDT0.00%0.0000%-51.66%4h / 8h$21K

Velo project profile

Key facts
Total
24.00B
Max supply
unlimited
Type
Token
Market cap rank
#344
Decentralized Finance (DeFi)BNB Chain EcosystemReal World Assets (RWA)DWF Labs PortfolioStellar EcosystemBinance Alpha Spotlight
Contract addresses
stellarVELO-GDM4RQUQQUVSKQA7S6EM7XBZP3FCGH4Q7CL6TABQ7B2BEJ5ERARM2M5M
binance0xf486ad071f3bee968384d2e39e2d8af0fcf6fd46
About

Velo Labs is building a unique federated credit exchange network. This network is powered by the Velo Protocol, which is a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system. The project's core mission is to enable partners to safely and securely transfer value between each other in a timely and transparent way. To do this, the Velo Protocol enables its partners to issue digital credits via a smart contract layer, using the Stellar Consensus Protocol to process and settle transactions. Within its ecosystem, the Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits, which correspond to any fiat currency that can be used for frictionless value transfer.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

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