Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h +0.066%
Price spread now: Injective against Binance+1.172%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.172% dearer against Binance than usual: you sell high and buy low (spread +1.172% now, against zero (this spread has no 7-day history yet)): +$117 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VSTUSDT | 141.60 | 0.0248 | pay 0.0248% / 8h | 2h 36m | $1.5M | $863K | 20x |
| Short | Injective VST/USDC PERP | 143.26 | 0.0220 | get 0.0028% / 1h | 36m 22s | $5K | $9K | 12x |
Binance VSTUSDT
Injective VST/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.8
- Price spread: +1.172% → 0.000%
- $117.23
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $101.41
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 12 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 3.17 bp | 13.3 bp −$13 | 79.5 bp −$795 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VST on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit VSTUSDT | 0.0000% | 8h | 141.42 | −0.127% | $387K | $129K | 25x | as long as short |
| QFEX VST-USD | 0.0000% | 1h | 141.35 | −0.177% | $1.2M | $632K | 10x | as long as short |
| Gate VST_USDT | 0.0000% | 8h | 141.63 | +0.021% | $257K | $250K | 20x | as long as short |
| Bitget VSTUSDT | 0.0000% | 8h | 141.57 | −0.021% | $2.3M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 142.02 | +0.297% | $7K | $351K | 10x | as long as short |
| Injective VST/USDC PERPshort | +0.0220% | 1h | 143.26 | +1.172% | $5K | $9K | 12x | |
| Binance VSTUSDTlong | +0.0248% | 8h | 141.60 | long leg | $1.5M | $863K | 20x | |
| Paragon para:VST | +0.0574% | 1h | 141.34 | −0.184% | $2.3M | $717K | 10x | as long as short |
| edgeX VSTUSDC | +0.0746% | 4h | 141.63 | +0.020% | $23K | $204K | 10x | as long as short |
Bybit VSTUSDT
QFEX VST-USD
Gate VST_USDT
Bitget VSTUSDT
HTX VST-USDT
Paragon para:VST
edgeX VSTUSDC