Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.1% APRnext payment +$2.48 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.120%7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1311.314% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.120%, 7d avg +0.166%
=Funding pays, the price is against you. Binance is 0.046% cheaper against Bybit than usual: you would sell low and buy high (spread +0.120% now, against its 7-day average of +0.166%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VSTUSDT | 141.43 | 0 | get 0.0000% / 8h | 2h 35m | $387K | $129K | 25x |
| Short | Binance VSTUSDT | 141.60 | 0.0248 | get 0.0248% / 8h | 2h 35m | $1.5M | $863K | 20x |
Bybit VSTUSDT
Binance VSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $52
- Price spread: +0.120% → +0.166%
- −$4.63
- Slippage, 4 orders
- −$110.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.02
- Costs to cover
- 1.314%
- Break-even
- 18.3 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 min ago.
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 Bybit live order book, 4 min ago | 13.79 bp | 55.7 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.17 bp | 23.8 bp −$24 | 89.5 bp −$895 | doesn't fit | doesn't fit |
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 VSTUSDTlong | 0.0000% | 8h | 141.43 | long leg | $387K | $129K | 25x | |
| QFEX VST-USD | 0.0000% | 1h | 141.35 | −0.057% | $1.2M | $632K | 10x | as long as short |
| Gate VST_USDT | 0.0000% | 8h | 141.63 | +0.141% | $257K | $250K | 20x | as long as short |
| Bitget VSTUSDT | 0.0000% | 8h | 141.57 | +0.099% | $2.3M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 142.02 | +0.417% | $7K | $351K | 10x | as long as short |
| Injective VST/USDC PERP | +0.0220% | 1h | 143.26 | +1.294% | $5K | $9K | 12x | as long as short |
| Binance VSTUSDTshort | +0.0248% | 8h | 141.60 | +0.120% | $1.5M | $863K | 20x | |
| Paragon para:VST | +0.0574% | 1h | 141.34 | −0.064% | $2.3M | $717K | 10x | as long as short |
| edgeX VSTUSDC | +0.0746% | 4h | 141.63 | +0.140% | $23K | $204K | 10x | as long as short |
QFEX VST-USD
Gate VST_USDT
Bitget VSTUSDT
HTX VST-USDT
Injective VST/USDC PERP
Paragon para:VST
edgeX VSTUSDC