VELVET arbitrage
VELVET on 12 exchanges spot and 15 in futures: live routes, past spreads and how long they last.
Prices at · open routes a minute older; real time in the scanners on paid plans · How we count
- Price
- $0.057425
- 24h volume
- $10.9M
- Exchanges
- 18
- 12 spot · 15 futures
- Routes now
- 3
- 0 take · 3 risky
- Gaps in 7 days
- 3,527
- 1,589 over a minute
VELVET right now
VELVET is cheapest on MEXC ($0.05739) and dearest on Kraken ($0.057472): 0.14% apart across 10 exchanges with a liquid spot market, before fees.
3 routes in profit after fees are worth a look ("take" or "risky"); the best: KuCoin → MEXC, 0.21%.
Over 7 days a spread in profit opened 3,527 times, and 1,589 of them lasted a minute or longer; one usually closed within 58 s.
Funding per 8 hours runs from 0.0100% on Bybit to 0.0129% on XT, across 10 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).
VELVET arbitrage opportunities now
Spot and futures, no transfer
| Long | Short | Spread | Size at best price | Verdict |
|---|---|---|---|---|
| KuCoin perp | MEXC | 0.206% | — | Risky |
| MEXC spot | MEXC | 0.051% | — | Risky |
| Gate perp | MEXC | 0.017% | — | Risky |
| KuCoin perp | Toobit | 0.181% | $13 | Avoid |
| KuCoin perp | Binance | 0.164% | $2.59 | Avoid |
| KuCoin perp | BingX | 0.094% | $13 | Avoid |
| KuCoin perp | WEEX | 0.069% | $13 | Avoid |
| KuCoin perp | HTX | 0.059% | $13 | Avoid |
| KuCoin perp | Bybit | 0.056% | $13 | Avoid |
| MEXC spot | Toobit | 0.026% | $10 | Avoid |
| MEXC spot | Binance | 0.009% | $2.59 | Avoid |
VELVET arbitrage strategy
No VELVET route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:
- Watch Gate → LBank: the spread opened there 47 times in 7 days, 24 of them for a minute or longer; it usually lasts 1 min 12 s.
- Check the transfer in advance: Gate or LBank does not publish its network status.
- Set an alert on the route: you hear when the spread pays after fees. Then buy on Gate and sell on LBank.
VELVET price on every exchange
Refreshed every 10 seconds. The best buy and sell prices are highlighted.
Spot · 12
| Exchange | Bid | Ask | Book spread | 24h volume |
|---|---|---|---|---|
| LBankVELVET/USDT | 0.057370 | 0.057570 | 0.35% | $1.8M |
| BitgetVELVET/USDT | 0.057400 | 0.057470 | 0.12% | $184.8K |
| ToobitVELVET/USDT | 0.057410 | 0.057440 | 0.05% | $135.9K |
| GateVELVET/USDT | 0.057400 | 0.057430 | 0.05% | $117.6K |
| MEXCVELVET/USDT | 0.057310 | 0.057470 | 0.28% | $73.2K |
| KuCoinVELVET/USDT | 0.057340 | 0.057470 | 0.23% | $61.8K |
| DigiFinexVELVET/USDT | 0.057380 | 0.057470 | 0.16% | $60.7K |
| BingXVELVET/USDT | 0.057400 | 0.057460 | 0.10% | $57.8K |
| XTVELVET/USDT | 0.057290 | 0.057560 | 0.47% | $35.1K |
| KrakenVELVET/USD | 0.057300 | 0.057500 | 0.35% | $31.3K |
| WEEXVELVET/USDT | 0.057440 | 0.057480 | 0.07% | $3,780 |
| PoloniexVELVET/USDT | 0.031320 | 0.054000 | 53.16% | $6.63 |
Perpetual futures · 15
| Exchange | Bid | Ask | Book spread | Funding | 24h volume |
|---|---|---|---|---|---|
| WEEXVELVET/USDT | 0.057490 | 0.057510 | 0.03% | 0.0051%/4h | $5.1M |
| BingXVELVET/USDT | 0.057510 | 0.057520 | 0.02% | 0.0050%/4h | $1.3M |
| ToobitVELVET/USDT | 0.057520 | 0.057530 | 0.02% | 0.0051%/4h | $385.2K |
| BitgetVELVET/USDT | 0.057380 | 0.057440 | 0.10% | 0.0050%/4h | $362K |
| XTVELVET/USDT | 0.057600 | 0.057700 | 0.17% | 0.0064%/4h | $274.6K |
| GateVELVET/USDT | 0.057410 | 0.057430 | 0.03% | 0.0050%/4h | $260K |
| MEXCVELVET/USDT | 0.057520 | 0.057540 | 0.03% | 0.0050%/4h | $248.8K |
| BybitVELVET/USDT | 0.057490 | 0.057550 | 0.10% | 0.0050%/4h | $189.5K |
| KuCoinVELVET/USDT | 0.057250 | 0.057350 | 0.17% | 0.0050%/4h | $77K |
| HTXVELVET/USDT | 0.057460 | 0.057600 | 0.24% | 0.0050%/4h | $65.1K |
| AsterVELVET/USDT | 0.057500 | 0.057600 | 0.17% | 0.0075%/4h | $27.5K |
| BloFinVELVET/USDT | 0.057510 | 0.057550 | 0.07% | 0.0068%/4h | $21K |
How often VELVET spreads open
Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.
| Market | Route | Over a minute | Gaps | Median lifetime |
|---|---|---|---|---|
| perp ↔ perp | Gate perp → XT perp | 237 | 277 | 3 min 53 s |
| perp ↔ perp | Gate perp → Toobit perp | 185 | 223 | 5 min 20 s |
| perp ↔ perp | Gate perp → MEXC perp | 156 | 173 | 11 min 00 s |
| perp ↔ perp | KuCoin perp → MEXC perp | 155 | 172 | 10 min 38 s |
| spot ↔ perp | LBank spot → MEXC perp | 85 | 155 | 1 min 29 s |
| spot ↔ perp | MEXC spot → MEXC perp | 85 | 118 | 2 min 12 s |
| perp ↔ perp | Bitget perp → MEXC perp | 83 | 125 | 2 min 44 s |
| perp ↔ perp | Gate perp → Binance perp | 80 | 101 | 4 min 45 s |
| perp ↔ perp | Gate perp → BingX perp | 60 | 124 | 54 s |
| perp ↔ perp | Bybit perp → MEXC perp | 57 | 119 | 54 s |
| perp ↔ perp | BingX perp → MEXC perp | 39 | 114 | 6.0 s |
| spot → spot | Gate spot → LBank spot | 24 | 47 | 1 min 12 s |
| perp ↔ perp | Gate perp → WEEX perp | 19 | 57 | 24 s |
| spot → spot | LBank spot → Gate spot | 18 | 43 | 45 s |
| perp ↔ perp | Bitget perp → XT perp | 17 | 22 | 2 min 08 s |
| perp ↔ perp | KuCoin perp → XT perp | 17 | 19 | 3 min 56 s |
| perp ↔ perp | Binance perp → MEXC perp | 15 | 73 | 3.0 s |
| spot ↔ perp | Bitget spot → MEXC perp | 12 | 65 | 6.0 s |
| perp ↔ perp | BingX perp → XT perp | 12 | 30 | 33 s |
| spot ↔ perp | LBank spot → Extended perp | 12 | 24 | 1 min 05 s |
Networks, deposits and withdrawals
Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.
| Network | Exchange | Deposit | Withdraw | Withdrawal fee |
|---|---|---|---|---|
| BSC | BitgetBEP20 | open | n/a | 2.621 VELVET |
| Gate | open | open | — | |
| HitBTC | open | open | 174.9 VELVET | |
| KuCoinbsc | open | open | 10 VELVET | |
| LBankbep20(bsc) | n/a | open | 3.431 VELVET | |
| MEXC | open | open | 1 VELVET | |
| PhemexBNB | n/a | n/a | — | |
| Poloniex | open | open | 8.005 VELVET | |
| Toobit | open | open | 21.42 VELVET | |
| XTBNB Smart Chain | open | open | 18 VELVET | |
| VELVET | DigiFinex | open | open | 2 VELVET |
Gaps of a minute or longer, last 7 days
| When (UTC) | Market | Route | Spread | Lasted | Transfer |
|---|---|---|---|---|---|
| Oct 24, 11:24 PM | spot ↔ perp | LBank → MEXC | 0.215% | 2 min 09 s | — |
| Oct 24, 11:14 PM | spot ↔ perp | LBank → MEXC | 0.251% | 1 min 30 s | — |
| Oct 24, 10:59 PM | spot ↔ perp | LBank → MEXC | 0.128% | 3 min 54 s | — |
| Oct 24, 10:57 PM | perp ↔ perp | Gate → XT | 0.148% | 4 min 39 s | — |
| Oct 24, 09:39 PM | spot ↔ perp | LBank → MEXC | 0.320% | 15 min 39 s | — |
| Oct 24, 09:31 PM | perp ↔ perp | Gate → XT | 0.112% | 4 min 15 s | — |
| Oct 24, 09:23 PM | spot ↔ perp | LBank → MEXC | 0.145% | 2 min 18 s | — |
| Oct 24, 09:13 PM | spot → spot | Bitget → LBank | 1.201% | 1 min 12 s | Transfer status unknown |
| Oct 24, 09:13 PM | spot → spot | Gate → LBank | 1.190% | 1 min 12 s | Transfer status unknown |
| Oct 24, 09:00 PM | spot → spot | Gate → LBank | 0.417% | 10 min 09 s | Transfer status unknown |
| Oct 24, 08:56 PM | perp ↔ perp | Gate → MEXC | 0.316% | 19 min 18 s | — |
| Oct 24, 08:51 PM | perp ↔ perp | Gate → MEXC | 0.121% | 2 min 24 s | — |
| Oct 24, 08:47 PM | spot ↔ perp | LBank → MEXC | 0.213% | 4 min 30 s | — |
| Oct 24, 08:44 PM | perp ↔ perp | Gate → MEXC | 0.105% | 1 min 39 s | — |
| Oct 24, 08:36 PM | perp ↔ perp | Gate → Binance | 0.132% | 1 min 12 s | — |
| Oct 24, 08:36 PM | perp ↔ perp | Gate → Toobit | 0.132% | 1 min 12 s | — |
| Oct 24, 08:21 PM | perp ↔ perp | Gate → Binance | 0.257% | 3 min 27 s | — |
| Oct 24, 08:16 PM | perp ↔ perp | Gate → Toobit | 0.257% | 8 min 36 s | — |
| Oct 24, 08:12 PM | perp ↔ perp | Bitget → MEXC | 0.227% | 8 min 06 s | — |
| Oct 24, 08:07 PM | spot ↔ perp | MEXC → MEXC | 0.194% | 3 min 51 s | — |
| Oct 24, 08:04 PM | perp ↔ perp | Gate → XT | 0.237% | 17 min 00 s | — |
| Oct 24, 08:01 PM | spot ↔ perp | MEXC → MEXC | 0.158% | 3 min 45 s | — |
| Oct 24, 08:00 PM | spot → spot | LBank → Gate | 0.158% | 1 min 09 s | bep20(bsc) |
| Oct 24, 07:55 PM | spot ↔ perp | LBank → MEXC | 0.518% | 8 min 12 s | — |
| Oct 24, 07:50 PM | spot → spot | Gate → LBank | 0.176% | 2 min 03 s | Transfer status unknown |
| Oct 24, 07:50 PM | perp ↔ perp | Gate → Binance | 0.117% | 27 min 06 s | — |
| Oct 24, 07:50 PM | perp ↔ perp | Gate → Toobit | 0.117% | 23 min 15 s | — |
| Oct 24, 07:42 PM | spot → spot | Gate → LBank | 0.384% | 1 min 18 s | Transfer status unknown |
| Oct 24, 07:39 PM | perp ↔ perp | Bitget → MEXC | 0.224% | 4 min 03 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Gate → WEEX | 0.128% | 1 min 54 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Gate → Binance | 0.256% | 10 min 12 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Gate → BingX | 0.238% | 2 min 51 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Bitget → Binance | 0.183% | 1 min 57 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Bitget → BingX | 0.165% | 1 min 57 s | — |
| Oct 24, 07:37 PM | perp ↔ perp | Gate → Toobit | 0.169% | 7 min 30 s | — |
| Oct 24, 07:36 PM | spot → spot | Bitget → LBank | 2.129% | 2 min 21 s | Transfer status unknown |
| Oct 24, 07:36 PM | spot → spot | Gate → LBank | 1.975% | 2 min 21 s | Transfer status unknown |
| Oct 24, 07:31 PM | spot ↔ perp | LBank → MEXC | 0.202% | 5 min 00 s | — |
| Oct 24, 07:04 PM | perp ↔ perp | Gate → XT | 0.132% | 1 min 42 s | — |
| Oct 24, 07:02 PM | perp ↔ perp | Gate → Toobit | 0.117% | 1 min 06 s | — |
| Oct 24, 07:02 PM | perp ↔ perp | Gate → Binance | 0.117% | 2 min 00 s | — |
| Oct 24, 07:00 PM | perp ↔ perp | Gate → XT | 0.222% | 2 min 15 s | — |
| Oct 24, 07:00 PM | spot ↔ perp | MEXC → Toobit | 0.189% | 2 min 12 s | — |
| Oct 24, 07:00 PM | spot ↔ perp | MEXC → MEXC | 0.232% | 2 min 12 s | — |
| Oct 24, 07:00 PM | spot ↔ perp | MEXC → WEEX | 0.112% | 2 min 12 s | — |
| Oct 24, 07:00 PM | spot ↔ perp | MEXC → BingX | 0.136% | 2 min 12 s | — |
| Oct 24, 07:00 PM | spot ↔ perp | MEXC → XT | 0.311% | 2 min 12 s | — |
| Oct 24, 06:58 PM | perp ↔ perp | Bitget → MEXC | 0.192% | 5 min 08 s | — |
| Oct 24, 06:56 PM | perp ↔ perp | Gate → MEXC | 0.247% | 1 h 45 min | — |
| Oct 24, 06:22 PM | spot ↔ perp | MEXC → MEXC | 0.179% | 9 min 18 s | — |
Spread at the peak after taker fees. Lifetime is measured to about 3 s.
More on VELVET
VELVET funding rates by exchange →
VELVET trades on: WEEX, LBank, BingX, Bitget, Toobit, Gate, MEXC, XT, Bybit, KuCoin, HTX, DigiFinex and 6 more
FAQ
- Why is the VELVET spread so high on some exchanges?
3 routes in profit after fees are worth a look ("take" or "risky"); the engine's commonest warnings: even when the prices meet, closing crosses each leg's bid-ask spread, and that eats the profit; under $20 at the best price. We have no network status from BingX, Kraken and WEEX, so a transfer there cannot be checked.
- Where is VELVET cheapest to buy?
Cheapest now on MEXC: $0.05739; dearest on Kraken: $0.057472, 0.14% apart. 10 exchanges with a liquid VELVET market compared, at the mid between bid and ask.
- Can I transfer VELVET between MEXC and LBank?
Unknown: one of the exchanges does not publish VELVET withdrawal and deposit status by network. Check on MEXC and LBank before a transfer.
- Is there an arbitrage opportunity in VELVET right now?
Yes, in futures (no transfer: a long and a short): 3 routes are worth a look ("take" or "risky"), the first KuCoin → MEXC, 0.21%, marked "risky".
Not on spot after fees: no spot route earns right now. The widest price gap is 0.14% (MEXC → Kraken), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between Gate and LBank: 24 times.
- What is the VELVET spread now?
0.14% between the cheapest (MEXC) and the dearest (Kraken) exchange, before fees. No route worth taking with an open transfer right now.