Funding you earn now, next payment 08:00 UTC−0.1930%/8h= −211.3% APRnext payment −$19.30 per $10,000 · paid last 24h −0.264%
Price spread now: Bitget against Binance−0.101%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1791.795% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.101%, 7d avg +0.055%
=Both sides work against this trade now: funding costs −$58 a day on $10k at the current rate, and Bitget is 0.156% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.30 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 | Binance KSTRUSDT | 24.750 | 0.1930 | pay 0.1930% / 8h | 4h 51m | $1.8M | $1.7M | 25x |
| Short | Bitget KSTRUSDT | 24.725 | 0 | get 0.0000% / 8h | 4h 51m | $512K | $288K | 20x |
Binance KSTRUSDT
Bitget KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$405.26
- Price spread: −0.101% → +0.055%
- −$15.64
- Slippage, 4 orders
- −$157.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$600.37
- Costs to cover
- 1.795%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 64 min ago.
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 Binance live order book, 12 min ago | 6.06 bp | 21.7 bp −$22 | 68.5 bp −$685 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 64 min ago | 17.48 bp | 93.4 bp −$93 | 118.8 bp −$1,188 | doesn't fit | doesn't fit |
KSTR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster KSTRUSDT | 0.0000% | 8h | 24.701 | −0.198% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.770 | +0.081% | $365K | $352K | 20x | as long as short |
| Bitget KSTRUSDTshort | 0.0000% | 8h | 24.725 | −0.101% | $512K | $288K | 20x | |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.700 | −0.202% | $1.5M | $128K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.720 | −0.121% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0138% | 1h | 24.703 | −0.190% | $18K | $4K | 10x | as long as short |
| Bybit KSTRUSDT | +0.0166% | 8h | 24.720 | −0.121% | $361K | $416K | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0634% | 8h | 24.747 | −0.012% | $625 | $113K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0850% | 8h | 24.720 | −0.121% | $27K | $157K | 20x | as long as short |
| Variational Omni KSTR | +0.1866% | 8h | 24.711 | −0.158% | $98K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Phemex KSTRUSDT
HTX KSTR-USDT
tradeXYZ xyz:KSTR
Bybit KSTRUSDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDTlong | +0.1930% | 8h | 24.750 | long leg | $1.8M | $1.7M | 25x | |
| MEXC KSTR_USDT | +0.1940% | 8h | 24.730 | −0.081% | $436K | $80K | 50x | as long as short |
MEXC KSTR_USDT