Funding you earn now, next payment 08:00 UTC+0.0263%/8h= +28.8% APRnext payment +$2.63 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.050%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.050%, 7d avg +0.180%
=Funding pays, the price is against you. Binance is 0.130% cheaper against Gate than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.180%). If the spread goes back, that is −$13 on $10k: about 39 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VST_USDT | 142.02 | 0 | get 0.0000% / 8h | 3h 47m | $257K | $247K | 20x |
| Short | Binance VSTUSDT | 142.09 | 0.0263 | get 0.0263% / 8h | 3h 47m | $1.5M | $839K | 20x |
Gate VST_USDT
Binance VSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $55.26
- Price spread: +0.050% → +0.180%
- −$12.97
- Slippage, 4 orders
- −$106.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.36
- Costs to cover
- 1.316%
- Break-even
- 18.3 days
Slippage from Gate: live order book, 64 min ago; Binance: live order book, 15 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 Gate live order book, 64 min ago | 15.14 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.41 bp | 20.4 bp −$20 | 69.9 bp −$699 | 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 | −0.0763% | 4h | 142.04 | +0.012% | $24K | $204K | 10x | as long as short |
| Bybit VSTUSDT | 0.0000% | 8h | 141.89 | −0.092% | $393K | $123K | 25x | as long as short |
| QFEX VST-USD | 0.0000% | 1h | 141.82 | −0.141% | $1.2M | $617K | 10x | as long as short |
| Gate VST_USDTlong | 0.0000% | 8h | 142.02 | long leg | $257K | $247K | 20x | |
| Bitget VSTUSDT | 0.0000% | 8h | 142.03 | +0.007% | $2.3M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 142.29 | +0.190% | $8K | $351K | 10x | as long as short |
| Injective VST/USDC PERP | +0.0220% | 1h | 143.69 | +1.176% | $5K | $9K | 12x | as long as short |
| Binance VSTUSDTshort | +0.0263% | 8h | 142.09 | +0.050% | $1.5M | $839K | 20x | |
| Paragon para:VST | +0.0764% | 1h | 142.03 | +0.007% | $2.3M | $707K | 10x | as long as short |
edgeX VSTUSDC
Bybit VSTUSDT
QFEX VST-USD
Bitget VSTUSDT
HTX VST-USDT
Injective VST/USDC PERP
Paragon para:VST