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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0504%/8h= +55.1% APRnext payment +$0.63 per $10,000 · paid last 24h +0.259%
Price spread now: Paragon against QFEX−0.014%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.517%+$52 on $10k
Price spread, last 7 days+0.160%+$16 · spread now −0.014%, 7d avg +0.066%
Together, before fees+0.677%+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.080% cheaper against QFEX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.066%). If the spread goes back, that is −$8 on $10k: about 13 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX VST-USD141.980get 0.0000% / 1h15m 28s$1.2M$647K10x
ShortParagon para:VST141.960.0504get 0.0063% / 1h15m 28s$2.3M$687K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against QFEX. 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
$105.77
Price spread: −0.014% → +0.066%
−$8.04
Slippage, 4 orders
−$18.93
Fee QFEX: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
$58.79
Costs to cover
0.389%
Break-even
3.1 days
Slippage from QFEX: live order book, 1 min ago; Paragon: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago1.76 bp8.8 bp −$914.1 bp −$141doesn't fitdoesn't fit
Sell Paragon live order book, just now3.17 bp8.2 bp −$8doesn'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
Bybit VSTUSDT0.0000%8h142.13+0.106%$374K$112K25xas long as short
QFEX VST-USDlong0.0000%1h141.98long leg$1.2M$647K10x
Gate VST_USDT0.0000%8h142.24+0.183%$258K$247K20xas long as short
Bitget VSTUSDT0.0000%8h142.10+0.085%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h142.39+0.289%$8K$351K10xas long as short
Binance VSTUSDT+0.0171%8h142.32+0.236%$1.5M$836K20xas long as short
Injective VST/USDC PERP+0.0220%1h143.76+1.254%$5K$9K12xas long as short
Paragon para:VSTshort+0.0504%1h141.96−0.014%$2.3M$687K10x
edgeX VSTUSDC+0.0696%4h142.30+0.224%$24K$205K10xas long as short