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+0.1097%/8h= +120.2% APRpaid last 24h +0.064%
Price spread now: Paragon against edgeX+0.120%48s7-day average −0.374% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.345%+$34 on $10k
Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.120%, 7d avg −0.374%
Together, before fees+0.203%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Paragon is 0.494% dearer against edgeX than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of −0.374%. The two prices were read 48 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 7 days it paid 0.345% in total (about 18.0% 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
LongedgeX VSTUSDC141.930.0027pay 0.0014% / 4h2h 36m$23K$204K10x
ShortParagon para:VST142.100.1125get 0.0141% / 1h36m 39s$2.3M$673K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against edgeX. 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
$230.44
Price spread: +0.120% → −0.374%
$49.4
Slippage, 4 orders
−$57.84
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Paragon: 5 bp × 2 orders
−$10
Net
$203
Costs to cover
0.768%
Break-even
0.8 days
Slippage from edgeX: live order book, 30 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 edgeX live order book, 30 min ago14.43 bp26.5 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Paragon live order book, 9 min ago1.05 bp10.3 bp −$10doesn'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 VSTUSDT0.0000%8h141.89−0.030%$1.5M$835K20xas long as short
Bybit VSTUSDT0.0000%8h141.84−0.063%$371K$117K25xas long as short
QFEX VST-USD0.0000%1h141.76−0.120%$1.2M$711K10xas long as short
Gate VST_USDT0.0000%8h141.92−0.007%$257K$245K20xas long as short
Bitget VSTUSDT0.0000%8h142.01+0.056%$2.3M$1.1M20xas long as short
edgeX VSTUSDClong+0.0027%4h141.93long leg$23K$204K10x
HTX VST-USDT+0.0100%8h142.01+0.056%$8K$352K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.67+1.226%$5K$9K12xas long as short
Paragon para:VSTshort+0.1125%1h142.10+0.120%$2.3M$673K10x