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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0453%/8h= +49.6% APRnext payment +$0.57 per $10,000 · paid last 24h +0.193%
Price spread now: Paragon against Injective−1.082%95s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Paragon is 1.082% cheaper against Injective than usual: you would sell low and buy high (spread −1.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$108 on $10k: about 8.0 days of funding at the current rate (+$14 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective VST/USDC PERP143.270.0220pay 0.0028% / 1h21m 28s$5K$9K12x
ShortParagon para:VST141.720.0673get 0.0084% / 1h21m 28s$2.3M$744K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against Injective. 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
$95.19
Price spread: −1.082% → 0.000%
−$108.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$23.02
Costs to cover
0.100%
Break-even
8.7 days
Slippage unknown: Injective: no order-book sample; Paragon: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Paragon live order book, 6 min ago1.76 bp11.7 bp −$1233.4 bp −$334doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VSTUSDT0.0000%8h141.76−1.055%$1.5M$995K20xas long as short
Bybit VSTUSDT0.0000%8h141.68−1.110%$368K$128K25xas long as short
Gate VST_USDT0.0000%8h141.58−1.180%$248K$233K20xas long as short
Bitget VSTUSDT0.0000%8h141.72−1.082%$2.2M$1.1M20xas long as short
QFEX VST-USD+0.0002%1h141.66−1.124%$1.2M$830K10xas long as short
HTX VST-USDT+0.0100%8h142.04−0.859%$8K$350K10xas long as short
Injective VST/USDC PERPlong+0.0220%1h143.27long leg$5K$9K12x
Paragon para:VSTshort+0.0673%1h141.72−1.082%$2.3M$744K10x
edgeX VSTUSDC+0.1000%4h141.70−1.097%$23K$204K10xas long as short