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

VST

RWAall VST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0467%/8h= +51.1% APRnext payment +$0.58 per $10,000 · paid last 24h +0.255%
Price spread now: Paragon against QFEX0.000%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2002.004% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.496%+$50 on $10k
Price spread, last 7 days+0.220%+$22 · spread now 0.000%, 7d avg +0.069%
Together, before fees+0.717%+$72 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paragon is 0.069% cheaper against QFEX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.069%). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX VST-USD141.950get 0.0000% / 1h48m 10s$1.2M$679K10x
ShortParagon para:VST141.950.0467get 0.0058% / 1h48m 10s$2.3M$676K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paragon against QFEX. 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
$98.09
Price spread: 0.000% → +0.069%
−$6.88
Slippage, 4 orders
−$180.44
Fee QFEX: 5 bp × 2 orders
−$10
Fee Paragon: 5 bp × 2 orders
−$10
Net
−$109.23
Costs to cover
2.004%
Break-even
14.8 days
Slippage from QFEX: live order book, 3 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 QFEX live order book, 3 min ago77.48 bp83.2 bp −$8390.7 bp −$907doesn't fitdoesn't fit
Sell Paragon live order book, 9 min ago2.46 bp12.0 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 VSTUSDT0.0000%8h142.06+0.076%$1.5M$820K20xas long as short
Bybit VSTUSDT0.0000%8h141.98+0.021%$372K$114K25xas long as short
QFEX VST-USDlong0.0000%1h141.95long leg$1.2M$679K10x
Gate VST_USDT0.0000%8h141.97+0.014%$257K$245K20xas long as short
Bitget VSTUSDT0.0000%8h142.00+0.035%$2.3M$1.1M20xas long as short
HTX VST-USDT+0.0100%8h142.23+0.197%$8K$352K10xas long as short
Injective VST/USDC PERP+0.0220%1h143.77+1.282%$5K$9K12xas long as short
edgeX VSTUSDC+0.0262%4h141.99+0.027%$24K$204K10xas long as short
Paragon para:VSTshort+0.0467%1h141.950.000%$2.3M$676K10x