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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1265%/8h= −138.5% APRpaid last 24h −0.251%
Price spread now: Gate against Paragon+0.078%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1001.001% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.913%−$91 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.078%, 7d avg +0.190%
Together, before fees−0.958%−$96 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Gate is 0.113% cheaper against Paragon than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.190%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:VST141.420.0929pay 0.0116% / 1h9m 58s$2.3M$717K10x
ShortGate VST_USDT141.53−0.0336pay 0.0336% / 8h9m 58s$258K$253K20x

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
−$265.6
Price spread: +0.078% → +0.190%
−$11.26
Slippage, 4 orders
−$75.14
Fee Paragon: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$377
Costs to cover
1.001%
Break-even
never at this rate
Slippage from Paragon: live order book, 7 min ago; Gate: live order book, 22 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, 7 min ago2.47 bp15.9 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 22 min ago12.73 bp43.1 bp −$43doesn'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
Gate VST_USDTshort−0.0336%8h141.53+0.078%$258K$253K20x
edgeX VSTUSDC−0.0177%4h141.13−0.202%$23K$205K10xas long as short
Bybit VSTUSDT0.0000%8h141.12−0.212%$387K$125K25xas long as short
QFEX VST-USD0.0000%1h141.17−0.177%$1.2M$690K10xas long as short
Bitget VSTUSDT0.0000%8h141.49+0.049%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h141.09−0.233%$7K$353K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.19+1.252%$5K$37412xas long as short
Binance VSTUSDT+0.0253%8h141.26−0.115%$1.5M$896K20xas long as short
Paragon para:VSTlong+0.0929%1h141.42long leg$2.3M$717K10x