Funding you earn now, next payment 08:00 UTC−0.0247%/8h= −27.0% APRnext payment −$2.47 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.028%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−$144as in the Price arb table
costs, in and out, $10k−$1651.646% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.028%, 7d avg −0.180%
=The price spread pays, funding is against you. Gate is 0.208% dearer against Binance than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.180%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you.
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 −$2.47 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 | Binance VSTUSDT | 141.67 | 0.0247 | pay 0.0247% / 8h | 3h 20m | $1.5M | $856K | 20x |
| Short | Gate VST_USDT | 141.71 | 0 | get 0.0000% / 8h | 3h 20m | $257K | $250K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$51.81
- Price spread: +0.028% → −0.180%
- $20.83
- Slippage, 4 orders
- −$139.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$195.58
- Costs to cover
- 1.646%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 26 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, 13 min ago | 3.17 bp | 17.5 bp −$18 | 84.1 bp −$841 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 11.28 bp | 53.2 bp −$53 | doesn't fit | 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 | −0.0006% | 4h | 141.68 | +0.007% | $23K | $204K | 10x | as long as short |
| Bybit VSTUSDT | 0.0000% | 8h | 141.65 | −0.014% | $392K | $122K | 25x | as long as short |
| QFEX VST-USD | 0.0000% | 1h | 141.46 | −0.148% | $1.2M | $619K | 10x | as long as short |
| Gate VST_USDTshort | 0.0000% | 8h | 141.71 | +0.028% | $257K | $250K | 20x | |
| Bitget VSTUSDT | 0.0000% | 8h | 141.73 | +0.042% | $2.3M | $1.1M | 20x | as long as short |
| HTX VST-USDT | +0.0100% | 8h | 141.85 | +0.127% | $7K | $351K | 10x | as long as short |
| Injective VST/USDC PERP | +0.0220% | 1h | 143.69 | +1.426% | $5K | $9K | 12x | as long as short |
| Binance VSTUSDTlong | +0.0247% | 8h | 141.67 | long leg | $1.5M | $856K | 20x | |
| Paragon para:VST | +0.0419% | 1h | 141.62 | −0.035% | $2.3M | $717K | 10x | as long as short |
Binance VSTUSDT
Gate VST_USDT
edgeX VSTUSDC
Bybit VSTUSDT
Bitget VSTUSDT
HTX VST-USDT
Injective VST/USDC PERP
Paragon para:VST