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

VST

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.797%−$80 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:VST142.120.1120pay 0.0140% / 1h21m 40s$2.3M$673K10x
ShortGate VST_USDT141.970get 0.0000% / 8h6h 21m$257K$245K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 5 min ago1.06 bp17.2 bp −$1763.6 bp −$636doesn't fitdoesn't fit
Sell Gate live order book, 40 min ago15.85 bp29.6 bp −$30doesn'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 VSTUSDC−0.0609%4h141.86−0.185%$23K$204K10xas long as short
Binance VSTUSDT0.0000%8h142.03−0.064%$1.5M$830K20xas long as short
Bybit VSTUSDT0.0000%8h141.93−0.134%$372K$116K25xas long as short
QFEX VST-USD0.0000%1h141.82−0.211%$1.2M$687K10xas long as short
Gate VST_USDTshort0.0000%8h141.97−0.106%$257K$245K20x
Bitget VSTUSDT0.0000%8h142.01−0.077%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h142.20+0.056%$8K$353K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.67+1.091%$5K$9K12xas long as short
Paragon para:VSTlong+0.1120%1h142.12long leg$2.3M$673K10x