Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.264%
Price spread now: Phemex against Binance+0.041%52s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.041%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSTRUSDT | 24.470 | 0 | get 0.0000% / 8h | 4h 50m | $1.8M | $1.9M | 25x |
| Short | Phemex KSTRUSDT | 24.480 | 0 | get 0.0000% / 8h | 4h 50m | $1.5M | $149K | 10x |
Binance KSTRUSDT
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.041% → +0.001%
- $3.98
- Slippage, 4 orders
- −$136.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$154.37
- Costs to cover
- 1.583%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Phemex: live order book, 1 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, 7 min ago | 6.12 bp | 31.3 bp −$31 | 89.5 bp −$895 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 4.08 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
KSTR on 12 exchanges
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 KSTRUSDTM | −0.0375% | 8h | 24.450 | −0.082% | $27K | $351K | 20x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.445 | −0.100% | $6K | $8K | 20x | as long as short |
| Binance KSTRUSDTlong | 0.0000% | 8h | 24.470 | long leg | $1.8M | $1.9M | 25x | |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.450 | −0.082% | $308K | $476K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.490 | +0.082% | $373K | $390K | 20x | as long as short |
| MEXC KSTR_USDT | 0.0000% | 8h | 24.450 | −0.082% | $431K | $80K | 50x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.494 | +0.098% | $523K | $243K | 20x | as long as short |
| Variational Omni KSTR | 0.0000% | 8h | 24.484 | +0.055% | $95K | $10K | — | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.480 | +0.041% | $1.5M | $149K | 10x | |
| HTX KSTR-USDT | +0.0100% | 8h | 24.490 | +0.082% | $8K | $4K | 10x | as long as short |
KuCoin KSTRUSDTM
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
MEXC KSTR_USDT
Bitget KSTRUSDT
Variational Omni KSTR
HTX KSTR-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KSTR_USDT_Perp | +0.0327% | 8h | 24.503 | +0.137% | $262 | $106K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.1166% | 1h | 24.455 | −0.061% | $18K | $6K | 10x | as long as short |
GRVT KSTR_USDT_Perp
tradeXYZ xyz:KSTR