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

VST

RWAall VST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0996%/8h= +109.1% APRpaid last 24h +0.253%
Price spread now: Paragon against Binance−0.032%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs+$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.103%+$110 on $10k
Price spread, last 2 days (all we have)−0.509%−$51 · spread now −0.032%, 7d avg −0.215%
Together, before fees+0.594%+$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Paragon is 0.183% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.215%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance VSTUSDT142.220get 0.0000% / 8h6h 58m$1.5M$836K20x
ShortParagon para:VST142.170.0996get 0.0125% / 1h58m 15s$2.3M$674K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon 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
$209.21
Price spread: −0.032% → −0.215%
$18.3
Slippage, 4 orders
−$33.85
Fee Binance: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
$173.66
Costs to cover
0.538%
Break-even
1.2 days
Slippage from Binance: live order book, 5 min ago; Paragon: live order book, 9 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, 5 min ago4.22 bp11.3 bp −$1165.3 bp −$653doesn't fitdoesn't fit
Sell Paragon live order book, 9 min ago1.76 bp12.4 bp −$12doesn'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
Binance VSTUSDTlong0.0000%8h142.22long leg$1.5M$836K20x
Bybit VSTUSDT0.0000%8h141.99−0.159%$368K$116K25xas long as short
QFEX VST-USD0.0000%1h141.90−0.222%$1.2M$756K10xas long as short
Gate VST_USDT0.0000%8h142.16−0.039%$257K$245K20xas long as short
Bitget VSTUSDT0.0000%8h142.01−0.145%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h142.53+0.221%$8K$351K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.17+0.671%$5K$9K12xas long as short
edgeX VSTUSDC+0.0659%4h142.15−0.048%$24K$205K10xas long as short
Paragon para:VSTshort+0.0996%1h142.17−0.032%$2.3M$674K10x