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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0821%/8h= +89.9% APRpaid last 24h +0.050%
Price spread now: edgeX against QFEX−0.281%57s7-day average +0.406% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1301.303% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.221%+$22 on $10k
Price spread, last 4 days (all we have)+0.395%+$40 · spread now −0.281%, 7d avg +0.406%
Together, before fees+0.616%+ Points / potential airdropedgeX: Active · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.687% cheaper against QFEX than usual: you would sell low and buy high (spread −0.281% now, against its 7-day average of +0.406%). If the spread goes back, that is −$69 on $10k: about 2.8 days of funding at the current rate (+$25 a day). At the pace of the last 4 days (+0.221% in total) that is about 12 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.221% in total (about 21.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX VST-USD141.54−0.0007get 0.0001% / 1h54m 10s$1.2M$705K10x
ShortedgeX VSTUSDC141.140.0814get 0.0407% / 4h2h 54m$23K$204K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$172.34
Price spread: −0.281% → +0.406%
−$68.74
Slippage, 4 orders
−$111.35
Fee QFEX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.74
Costs to cover
1.303%
Break-even
8.1 days
Slippage from QFEX: live order book, 2 min ago; edgeX: live order book, 38 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 QFEX live order book, 2 min ago2.83 bp42.5 bp −$4247.5 bp −$475doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago9.22 bp23.2 bp −$23doesn'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
QFEX VST-USDlong−0.0007%1h141.54long leg$1.2M$705K10x
Bybit VSTUSDT0.0000%8h141.08−0.325%$383K$120K25xas long as short
Gate VST_USDT0.0000%8h141.08−0.325%$255K$256K20xas long as short
Bitget VSTUSDT0.0000%8h141.35−0.134%$2.3M$708K20xas long as short
Paragon para:VST+0.0039%1h141.12−0.297%$2.3M$709K10xas long as short
Binance VSTUSDT+0.0043%8h141.28−0.184%$1.5M$871K20xas long as short
HTX VST-USDT+0.0100%8h140.76−0.551%$8K$355K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.04+1.060%$5K$30312xas long as short
edgeX VSTUSDCshort+0.0814%4h141.14−0.281%$23K$204K10x