Settings8H · net · $10k
Funding arb · Price arb /

VST

RWAall VST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0917%/8h= +100.4% APRpaid last 24h −0.183%
Price spread now: Bybit against edgeX−0.076%71s7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2282.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.546%−$55 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.076%, 7d avg −0.144%
Together, before fees−0.498%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bybit is 0.068% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.144%. Mind the row above: over the last 7 days funding on this pair cost −0.546%, so the current rate has only just turned in your favour. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.546% in total (about -28.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX VSTUSDC141.41−0.0917get 0.0458% / 4h1h 32m$23K$205K10x
ShortBybit VSTUSDT141.300get 0.0000% / 8h1h 32m$358K$121K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$192.49
Price spread: −0.076% → −0.144%
$6.83
Slippage, 4 orders
−$208.1
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.78
Costs to cover
2.281%
Break-even
8.0 days
Slippage from edgeX: live order book, 49 min ago; Bybit: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 49 min ago10.61 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 42 min ago11.34 bp64.1 bp −$64doesn't fitdoesn't fitdoesn't fit

VST on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX VSTUSDClong−0.0917%4h141.41long leg$23K$205K10x
Binance VSTUSDT0.0000%8h141.42+0.009%$1.5M$992K20xas long as short
Bybit VSTUSDTshort0.0000%8h141.30−0.076%$358K$121K25x
QFEX VST-USD0.0000%1h141.30−0.076%$1.2M$782K10xas long as short
Gate VST_USDT0.0000%8h141.47+0.045%$248K$233K20xas long as short
Bitget VSTUSDT0.0000%8h141.47+0.045%$2.2M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h141.71+0.214%$8K$350K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.08+1.183%$5K$9K12xas long as short
Paragon para:VST+0.0934%1h141.47+0.045%$2.2M$744K10xas long as short