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

VST

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0538%/8h= −58.9% APRnext payment $0.67 per $10,000 · paid last 24h −0.198%
Price spread now: Injective against Paragon+1.319%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 1.319% dearer against Paragon than usual: you sell high and buy low (spread +1.319% now, against zero (this spread has no 7-day history yet)): +$132 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:VST141.820.0758pay 0.0095% / 1h42m 44s$2.3M$717K10x
ShortInjective VST/USDC PERP143.690.0220get 0.0028% / 1h42m 44s$5K$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Paragon. 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
−$113.03
Price spread: +1.319% → 0.000%
$131.86
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$8.81
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Paragon: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 4 min ago2.46 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0436%4h142.03+0.151%$24K$205K10xas long as short
Bybit VSTUSDT0.0000%8h141.84+0.014%$393K$123K25xas long as short
QFEX VST-USD0.0000%1h141.86+0.028%$1.2M$613K10xas long as short
Gate VST_USDT0.0000%8h142.01+0.134%$257K$247K20xas long as short
Bitget VSTUSDT0.0000%8h142.03+0.148%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h142.00+0.127%$7K$351K10xas long as short
Injective VST/USDC PERPshort+0.0220%1h143.69+1.319%$5K$9K12x
Binance VSTUSDT+0.0267%8h142.01+0.135%$1.5M$836K20xas long as short
Paragon para:VSTlong+0.0758%1h141.82long leg$2.3M$717K10x