VELVET Funding Rate and Open Interest on Bybit
Live Bybit VELVET markets from Bybit's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR, and 24h liquidations. The charts show Bybit only; the table below compares VELVET on every exchange tracked here.
Bybit has $1.12M of VELVET perpetual open interest, 10.7% of the $10.42M across the 7 exchanges counted in the VELVET total here (#3). VELVET funding on Bybit is 0.0100% per 8 hours (≈11% APR), settled every 4 hours at 0.0050% per payment, below the OI-weighted average of 0.0210% across exchanges. Bybit VELVET open interest changed +38.23% over the last 24h. $44K of Bybit VELVET positions were liquidated over the last 24 hours, 71.8% of it longs.
Bybit VELVET liquidations · last 24 hours
All liquidations →VELVET markets on Bybit
1 perp| Market | Price | Vol 24h | Open interest | OI 24h | Funding / 8h | APR | Interval | Trade |
|---|---|---|---|---|---|---|---|---|
| VELVETUSDT perp | 0.07850 | $16.11M | $1.12M | +38.23% | 0.0100% | ≈11% APR | 4 hours · 0.0050% | Trade ↗ |
VELVET funding on Bybit
8h equivalent, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
VELVET open interest on Bybit
USD, this exchange onlyNot recorded Chart: TradingView Lightweight Charts™
VELVET on every exchange
VELVET funding, all exchanges →| # | Exchange | Open interest | Share | Funding / 8h | APR | Perp vol 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | $6.34M | 60.9% | 0.0257% | ≈28% APR | $110.13M |
| 2 | KuCoin | $1.47M | 14.1% | 0.0100% | ≈11% APR | $3.28M |
| 3 | Bybit | $1.12M | 10.7% | 0.0100% | ≈11% APR | $16.11M |
| 4 | Bitget | $792K | 7.6% | 0.0100% | ≈11% APR | $14.90M |
| 5 | Gate | $643K | 6.2% | 0.0100% | ≈11% APR | $7.58M |
| 6 | HTX | $33K | 0.3% | 0.0100% | ≈11% APR | $381K |
| 7 | Aster | $18K | 0.2% | 0.0188% | ≈21% APR | $586K |
| — | MEXC | $2.71M | not ranked | 0.0264% | ≈29% APR | $12.07M |
How it's counted. Open interest is the USD value of open VELVET perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: Every liquidation (allLiquidation stream); OI and funding polled every 30s; USDT and inverse perps.
VELVET on Bybit FAQ
What is the VELVET funding rate on Bybit?
The rate at the top of this page is Bybit's live VELVET perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0050% every 4 hours). Positive means longs pay shorts. The chart below shows its history on Bybit only.
How often does Bybit pay VELVET funding?
Bybit settles VELVET funding every 4 hours; the 8-hour figures on this page are scaled to that interval for comparison.
How much VELVET open interest is on Bybit?
$1.12M open VELVET perpetual positions on Bybit, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.
Where does the data come from?
Bybit's public market-data API, read live by this site. Nothing here comes from paid data vendors.