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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STAR_USDT | 0.03788 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $281K | $281K | 5x |
| Short | KuCoin STARUSDTM | 0.03816 | −0.1910 | pay 0.0955% / 4h | 2h 37m | $210K | $866K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 16.06 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 86.47 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
STAR on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STARUSDTMshort | −0.1910% | 4h | 0.03816 | +0.739% | $210K | $866K | 3x | |
| Gate STAR_USDTlong | +0.0100% | 4h | 0.03788 | long leg | $281K | $281K | 5x | |
| Aster STARUSDT | +0.1330% | 4h | 0.03779 | −0.241% | $32K | $76K | 5x | as long as short |
| BingX STAR-USDT | +0.1646% | 4h | 0.03776 | −0.317% | — | $1.7M | — | as long as short |
| MEXC STAR_USDT | +0.1742% | 4h | 0.03777 | −0.290% | $240K | $309K | 10x | as long as short |
| Binance STARUSDT | +0.1744% | 4h | 0.03776 | −0.323% | $5.3M | $8.5M | 10x | as long as short |
Gate STAR_USDT
KuCoin STARUSDTM
Aster STARUSDT
BingX STAR-USDT
MEXC STAR_USDT
Binance STARUSDT