Funding you earn now, next payment 02:00 UTC−0.1120%/8h= −122.6% APRpaid last 24h −0.245%
Price spread now: Gate against Paragon−0.106%7-day average +0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days−0.935%−$94 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.106%, 7d avg +0.199%
=Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Gate is 0.305% cheaper against Paragon than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.199%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:VST | 142.12 | 0.1120 | pay 0.0140% / 1h | 21m 40s | $2.3M | $673K | 10x |
| Short | Gate VST_USDT | 141.97 | 0 | get 0.0000% / 8h | 6h 21m | $257K | $245K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Paragon. 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
- −$235.11
- Price spread: −0.106% → +0.199%
- −$30.5
- Slippage, 4 orders
- −$71.47
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$362.08
- Costs to cover
- 0.965%
- Break-even
- never at this rate
Slippage from Paragon: live order book, 5 min ago; Gate: live order book, 40 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 Paragon live order book, 5 min ago | 1.06 bp | 17.2 bp −$17 | 63.6 bp −$636 | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 15.85 bp | 29.6 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX VSTUSDC | −0.0609% | 4h | 141.86 | −0.185% | $23K | $204K | 10x | as long as short |
| Binance VSTUSDT | 0.0000% | 8h | 142.03 | −0.064% | $1.5M | $830K | 20x | as long as short |
| Bybit VSTUSDT | 0.0000% | 8h | 141.93 | −0.134% | $372K | $116K | 25x | as long as short |
| QFEX VST-USD | 0.0000% | 1h | 141.82 | −0.211% | $1.2M | $687K | 10x | as long as short |
| Gate VST_USDTshort | 0.0000% | 8h | 141.97 | −0.106% | $257K | $245K | 20x | |
| Bitget VSTUSDT | 0.0000% | 8h | 142.01 | −0.077% | $2.3M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 142.20 | +0.056% | $8K | $353K | 10x | as long as short |
| Injective VST/USDC PERP | +0.0220% | 1h | 143.67 | +1.091% | $5K | $9K | 12x | as long as short |
| Paragon para:VSTlong | +0.1120% | 1h | 142.12 | long leg | $2.3M | $673K | 10x |
Paragon para:VST
Gate VST_USDT
edgeX VSTUSDC
Binance VSTUSDT
Bybit VSTUSDT
Bitget VSTUSDT
HTX VST-USDT
Injective VST/USDC PERP