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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0418%/8h= −45.8% APRnext payment $0.52 per $10,000 · paid last 24h −0.264%
Price spread now: QFEX against Paragon−0.106%7-day average −0.066% · 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)−0.524%−$52 on $10k
Price spread, last 7 days−0.089%−$9 · spread now −0.106%, 7d avg −0.066%
Together, before fees−0.612%−$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and QFEX is 0.039% cheaper against Paragon than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:VST141.610.0418pay 0.0052% / 1h21m 15s$2.3M$717K10x
ShortQFEX VST-USD141.460get 0.0000% / 1h21m 15s$1.2M$618K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$87.79
Price spread: −0.106% → −0.066%
−$3.95
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$111.74
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 6 min ago; QFEX: live order book, 5 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 Paragon live order book, 6 min ago1.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago2.83 bp17.5 bp −$1723.2 bp −$232doesn'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−0.0006%4h141.68+0.050%$23K$204K10xas long as short
Bybit VSTUSDT0.0000%8h141.65+0.028%$392K$122K25xas long as short
QFEX VST-USDshort0.0000%1h141.46−0.106%$1.2M$618K10x
Gate VST_USDT0.0000%8h141.76+0.106%$257K$250K20xas long as short
Bitget VSTUSDT0.0000%8h141.88+0.191%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h141.72+0.078%$7K$351K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.69+1.469%$5K$9K12xas long as short
Binance VSTUSDT+0.0250%8h141.67+0.042%$1.5M$856K20xas long as short
Paragon para:VSTlong+0.0418%1h141.61long leg$2.3M$717K10x