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

VST

RWAall VST markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.250%+$25 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance VSTUSDT141.670.0247pay 0.0247% / 8h3h 20m$1.5M$856K20x
ShortGate VST_USDT141.710get 0.0000% / 8h3h 20m$257K$250K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago3.17 bp17.5 bp −$1884.1 bp −$841doesn't fitdoesn't fit
Sell Gate live order book, 26 min ago11.28 bp53.2 bp −$53doesn'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
edgeX VSTUSDC−0.0006%4h141.68+0.007%$23K$204K10xas long as short
Bybit VSTUSDT0.0000%8h141.65−0.014%$392K$122K25xas long as short
QFEX VST-USD0.0000%1h141.46−0.148%$1.2M$619K10xas long as short
Gate VST_USDTshort0.0000%8h141.71+0.028%$257K$250K20x
Bitget VSTUSDT0.0000%8h141.73+0.042%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h141.85+0.127%$7K$351K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.69+1.426%$5K$9K12xas long as short
Binance VSTUSDTlong+0.0247%8h141.67long leg$1.5M$856K20x
Paragon para:VST+0.0419%1h141.62−0.035%$2.3M$717K10xas long as short