Funding you earn now, next payment 01:00 UTC+0.0651%/8h= +71.3% APRpaid last 24h +0.253%
Price spread now: Paragon against Binance−0.092%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs+$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+1.103%+$110 on $10k
+Price spread, last 2 days (all we have)−0.450%−$45 · spread now −0.092%, 7d avg −0.215%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Paragon is 0.123% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.215%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VSTUSDT | 142.24 | 0 | get 0.0000% / 8h | 7h 23m | $1.5M | $878K | 20x |
| Short | Paragon para:VST | 142.11 | 0.0651 | get 0.0081% / 1h | 23m 25s | $2.3M | $682K | 10x |
Binance VSTUSDT
Paragon para:VSTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon against Binance. 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
- $136.65
- Price spread: −0.092% → −0.215%
- $12.34
- Slippage, 4 orders
- −$55.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $73.88
- Costs to cover
- 0.751%
- Break-even
- 3.2 days
Slippage from Binance: live order book, 10 min ago; Paragon: live order book, 4 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 Binance live order book, 10 min ago | 2.11 bp | 19.5 bp −$19 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 4 min ago | 1.76 bp | 7.5 bp −$7 | 28.7 bp −$287 | 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 | −0.0292% | 4h | 142.19 | −0.035% | $24K | $204K | 10x | as long as short |
| Binance VSTUSDTlong | 0.0000% | 8h | 142.24 | long leg | $1.5M | $878K | 20x | |
| Bybit VSTUSDT | 0.0000% | 8h | 142.00 | −0.169% | $368K | $126K | 25x | as long as short |
| Gate VST_USDT | 0.0000% | 8h | 142.17 | −0.050% | $251K | $243K | 20x | as long as short |
| Bitget VSTUSDT | 0.0000% | 8h | 142.09 | −0.106% | $2.3M | $1.1M | 20x | as long as short |
| QFEX VST-USD | 0.0000% | 1h | 141.96 | −0.197% | $1.2M | $803K | 10x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 142.28 | +0.028% | $8K | $351K | 10x | as long as short |
| Injective VST/USDC PERP | +0.0220% | 1h | 143.17 | +0.653% | $5K | $9K | 12x | as long as short |
| Paragon para:VSTshort | +0.0651% | 1h | 142.11 | −0.092% | $2.3M | $682K | 10x |
edgeX VSTUSDC
Bybit VSTUSDT
Gate VST_USDT
Bitget VSTUSDT
QFEX VST-USD
HTX VST-USDT
Injective VST/USDC PERP