Funding you earn now, next payment 08:00 UTC−0.2557%/8h= −280.0% APRnext payment −$25.57 per $10,000 · paid last 24h −0.264%
Price spread now: Gate against Binance+0.202%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2222.220% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 2 days (all we have)−0.165%−$16 · spread now +0.202%, 7d avg +0.054%
=The price spread pays, funding is against you. Gate is 0.148% dearer against Binance than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.054%): +$15 on $10k if it goes back. Holding the pair costs −$77 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.156% in total) that is about 6.6 days.
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 −$25.57 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 | 24.810 | 0.2557 | pay 0.2557% / 8h | 7h 14m | $1.7M | $1.5M | 25x |
| Short | Gate KSTR_USDT | 24.860 | 0 | get 0.0000% / 8h | 7h 14m | $364K | $387K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$537.05
- Price spread: +0.202% → +0.054%
- $14.75
- Slippage, 4 orders
- −$197.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$744.31
- Costs to cover
- 2.220%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 56 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, 4 min ago | 6.04 bp | 15.6 bp −$16 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 12.09 bp | 108.2 bp −$108 | doesn't fit | 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 | 24.774 | −0.146% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDTshort | 0.0000% | 8h | 24.860 | +0.202% | $364K | $387K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.851 | +0.165% | $508K | $176K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.820 | +0.040% | $1.5M | $116K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.840 | +0.121% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0814% | 1h | 24.780 | −0.121% | $18K | $6K | 10x | as long as short |
| Bybit KSTRUSDT | +0.1186% | 8h | 24.850 | +0.161% | $305K | $376K | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.1519% | 8h | 24.839 | +0.117% | $3 | $115K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.1562% | 8h | 24.810 | 0.000% | $27K | $159K | 20x | as long as short |
| Variational Omni KSTR | +0.2449% | 8h | 24.821 | +0.045% | $91K | $2K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDTlong | +0.2557% | 8h | 24.810 | long leg | $1.7M | $1.5M | 25x | |
| MEXC KSTR_USDT | +0.2563% | 8h | 24.810 | 0.000% | $441K | $81K | 50x | as long as short |
Binance KSTRUSDT
Gate KSTR_USDT
Aster KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
HTX KSTR-USDT
tradeXYZ xyz:KSTR
Bybit KSTRUSDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Variational Omni KSTR
MEXC KSTR_USDT