Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Bybit against Injective−1.251%48s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 1.251% cheaper against Injective than usual: you would sell low and buy high (−$125 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | Injective VST/USDC PERP | 143.08 | 0.0220 | pay 0.0028% / 1h | 34m 27s | $5K | $9K | 12x |
| Short | Bybit VSTUSDT | 141.29 | 0 | get 0.0000% / 8h | 1h 34m | $358K | $121K | 25x |
Injective VST/USDC PERP
Bybit VSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- −$46.2
- Price spread: −1.251% → 0.000%
- −$125.1
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$182.32
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 40 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 40 min ago | 11.34 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX VSTUSDC | −0.0864% | 4h | 141.43 | −1.156% | $23K | $205K | 10x | as long as short |
| Binance VSTUSDT | 0.0000% | 8h | 141.42 | −1.160% | $1.5M | $992K | 20x | as long as short |
| Bybit VSTUSDTshort | 0.0000% | 8h | 141.29 | −1.251% | $358K | $121K | 25x | |
| QFEX VST-USD | 0.0000% | 1h | 141.25 | −1.279% | $1.2M | $781K | 10x | as long as short |
| Gate VST_USDT | 0.0000% | 8h | 141.40 | −1.174% | $248K | $233K | 20x | as long as short |
| Bitget VSTUSDT | 0.0000% | 8h | 141.46 | −1.132% | $2.2M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 141.63 | −1.013% | $8K | $350K | 10x | as long as short |
| Injective VST/USDC PERPlong | +0.0220% | 1h | 143.08 | long leg | $5K | $9K | 12x | |
| Paragon para:VST | +0.0935% | 1h | 141.47 | −1.125% | $2.2M | $744K | 10x | as long as short |
edgeX VSTUSDC
Binance VSTUSDT
QFEX VST-USD
Gate VST_USDT
Bitget VSTUSDT
HTX VST-USDT
Paragon para:VST