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

STAR

all STAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.2010%/8h= −220.1% APRnext payment $10.05 per $10,000 · paid last 24h −0.397%
Price spread now: KuCoin against Gate+0.739%7-day average +0.337% · 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 7 days−1.204%−$120 on $10k
Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.739%, 7d avg +0.337%
Together, before fees−1.837%−$184 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.403% dearer against Gate than usual: you sell high and buy low (spread +0.739% now, against its 7-day average of +0.337%): +$40 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−1.204% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.204% in total (about -62.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $10.05 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
LongGate STAR_USDT0.037880.0100pay 0.0050% / 4h2h 37m$281K$281K5x
ShortKuCoin STARUSDTM0.03816−0.1910pay 0.0955% / 4h2h 37m$210K$866K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
−$422.1
Price spread: +0.739% → +0.337%
$40.25
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$408.85
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: Gate: live order book, 4 min ago; KuCoin: live order book, 12 min ago. 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 Gate live order book, 4 min ago16.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago86.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

STAR on 6 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
KuCoin STARUSDTMshort−0.1910%4h0.03816+0.739%$210K$866K3x
Gate STAR_USDTlong+0.0100%4h0.03788long leg$281K$281K5x
Aster STARUSDT+0.1330%4h0.03779−0.241%$32K$76K5xas long as short
BingX STAR-USDT+0.1646%4h0.03776−0.317%$1.7Mas long as short
MEXC STAR_USDT+0.1742%4h0.03777−0.290%$240K$309K10xas long as short
Binance STARUSDT+0.1744%4h0.03776−0.323%$5.3M$8.5M10xas long as short