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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0783%/8h= +85.8% APRpaid last 24h +0.071%
Price spread now: Paragon against edgeX−0.089%7-day average −0.393% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.392%+$39 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.089%, 7d avg −0.393%
Together, before fees+0.414%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Paragon is 0.303% dearer against edgeX than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.393%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.392% in total (about 20.4% 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 VSTUSDC141.540.0121pay 0.0060% / 4h1h 59m$23K$205K10x
ShortParagon para:VST141.410.0904get 0.0113% / 1h59m 33s$2.2M$744K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
$164.5
Price spread: −0.089% → −0.393%
$30.34
Slippage, 4 orders
−$66.34
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Paragon: 5 bp × 2 orders
−$10
Net
$109.5
Costs to cover
0.853%
Break-even
2.3 days
Slippage from edgeX: live order book, 22 min ago; Paragon: live order book, 6 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, 22 min ago10.61 bp23.9 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 6 min ago1.06 bp23.8 bp −$24doesn'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
Binance VSTUSDT0.0000%8h141.53−0.004%$1.5M$989K20xas long as short
Bybit VSTUSDT0.0000%8h141.15−0.273%$357K$121K25xas long as short
QFEX VST-USD0.0000%1h141.23−0.216%$1.2M$774K10xas long as short
Gate VST_USDT0.0000%8h141.46−0.054%$248K$233K20xas long as short
Bitget VSTUSDT0.0000%8h141.36−0.125%$2.2M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h141.52−0.012%$8K$350K10xas long as short
edgeX VSTUSDClong+0.0121%4h141.54long leg$23K$205K10x
Injective VST/USDC PERP+0.0220%1h143.00+1.034%$5K$9K12xas long as short
Paragon para:VSTshort+0.0904%1h141.41−0.089%$2.2M$744K10x