KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0748%/8h= −81.9% APRnext payment −$7.48 per $10,000 · paid last 24h −0.171%

Price spread now: Bybit against Binance+0.157%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$1031.033% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.321%−$32 on $10k

Price spread, last 2 days (all we have)−0.162%−$16 · spread now +0.157%, 7d avg −0.039%

Together, before fees−0.483%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.196% dearer against Binance than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.039%): +$20 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.321% in total) that is about 4.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.321% in total (about -16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.48 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	24.871	0.2794	pay 0.2794% / 8h	6h 49m	$1.7M	$1.6M	25x
Short	Bybit KSTRUSDT	24.910	0.2046	get 0.2046% / 8h	6h 49m	$342K	$404K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.157%Rate

Funding earned: −$157.14
Price spread: +0.157% → −0.039%: $19.6
Slippage, 4 orders: −$82.26
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$240.81
Costs to cover: 1.033%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 10 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, 14 min ago	4.03 bp	14.3 bp −$14	53.7 bp −$537	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	10.07 bp	41.6 bp −$42	219.3 bp −$2,193	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	24.741	−0.523%	$6K	$8K	20x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.920	+0.198%	$364K	$343K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.885	+0.057%	$515K	$185K	20x	as long as short
Phemex KSTRUSDT	0.0000%	8h	24.890	+0.077%	$1.5M	$121K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.880	+0.037%	$8K	$5K	10x	as long as short
tradeXYZ xyz:KSTR	+0.0924%	1h	24.835	−0.144%	$18K	$6K	10x	as long as short
KuCoin KSTRUSDTM	+0.1682%	8h	24.860	−0.044%	$27K	$158K	20x	as long as short
Bybit KSTRUSDTshort	+0.2046%	8h	24.910	+0.157%	$342K	$404K	25x
Variational Omni KSTR	+0.2686%	8h	24.871	+0.001%	$91K	$2K	—	as long as short
GRVT KSTR_USDT_Perp	+0.2727%	8h	24.851	−0.080%	$630	$115K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KSTR_USDT	+0.2781%	8h	24.850	−0.084%	$441K	$79K	50x	as long as short
Binance KSTRUSDTlong	+0.2794%	8h	24.871	long leg	$1.7M	$1.6M	25x