Funding you earn now, next payment 08:00 UTC−0.0955%/8h= −104.6% APRnext payment −$9.55 per $10,000 · paid last 24h −0.145%
Price spread now: KuCoin against Binance−0.202%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$611as in the Funding arb table
Net, price: spread back to 7d avg − costs−$582as in the Price arb table
costs, in and out, $10k−$5635.627% of the position
Funding, last 7 days−0.482%−$48 on $10k
+Price spread, last 2 days (all we have)+0.294%+$29 · spread now −0.202%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and KuCoin is 0.191% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.482% in total (about -25.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.55 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 | 24.800 | 0.2406 | pay 0.2406% / 8h | 7h 51m | $1.7M | $1.5M | 25x |
| Short | KuCoin KSTRUSDTM | 24.750 | 0.1451 | get 0.1451% / 8h | 7h 51m | $27K | $159K | 20x |
Binance KSTRUSDT
KuCoin KSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$200.51
- Price spread: −0.202% → −0.011%
- −$19.09
- Slippage, 4 orders
- −$540.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$782.29
- Costs to cover
- 5.627%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 62 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, 11 min ago | 2.02 bp | 10.6 bp −$11 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 30.30 bp | 198.5 bp −$198 | 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 | 24.668 | −0.532% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.790 | −0.040% | $364K | $381K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.784 | −0.065% | $506K | $177K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.780 | −0.081% | $1.5M | $117K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.816 | +0.066% | $597 | $120K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.780 | −0.081% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.1029% | 1h | 24.760 | −0.161% | $17K | $5K | 10x | as long as short |
| KuCoin KSTRUSDTMshort | +0.1451% | 8h | 24.750 | −0.202% | $27K | $159K | 20x | |
| Bybit KSTRUSDT | +0.1950% | 8h | 24.800 | 0.000% | $289K | $371K | 25x | as long as short |
| Variational Omni KSTR | +0.2289% | 8h | 24.802 | +0.007% | $92K | $2K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
GRVT KSTR_USDT_Perp
HTX KSTR-USDT
tradeXYZ xyz:KSTR
Bybit KSTRUSDT
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KSTR_USDT | +0.2391% | 8h | 24.770 | −0.121% | $440K | $79K | 50x | as long as short |
| Binance KSTRUSDTlong | +0.2406% | 8h | 24.800 | long leg | $1.7M | $1.5M | 25x |
MEXC KSTR_USDT