Funding you earn now, next payment 00:00 UTC+0.0976%/8h= +106.9% APRnext payment +$9.76 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.174%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$3723.717% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.174%, 7d avg −0.104%
=Funding pays, the price is against you. Bybit is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of −0.104%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.257%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.257% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.76 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 | Bitget KSTRUSDT | 24.783 | 0 | get 0.0000% / 8h | 29m 04s | $492K | $168K | 20x |
| Short | Bybit KSTRUSDT | 24.740 | 0.0976 | get 0.0976% / 8h | 29m 04s | $284K | $365K | 25x |
Bitget KSTRUSDT
Bybit KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $204.95
- Price spread: −0.174% → −0.104%
- −$6.91
- Slippage, 4 orders
- −$348.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$173.64
- Costs to cover
- 3.717%
- Break-even
- 12.9 days
Slippage from Bitget: live order book, 42 min ago; Bybit: live order book, 40 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 Bitget live order book, 42 min ago | 15.51 bp | 51.3 bp −$51 | 701.9 bp −$7,019 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 6.06 bp | 78.6 bp −$79 | 222.2 bp −$2,222 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0492% | 1h | 24.750 | −0.133% | $18K | $5K | 10x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.810 | +0.109% | $365K | $404K | 20x | as long as short |
| Bitget KSTRUSDTlong | 0.0000% | 8h | 24.783 | long leg | $492K | $168K | 20x | |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.760 | −0.093% | $1.5M | $105K | 10x | as long as short |
| Aster KSTRUSDT | +0.0003% | 8h | 24.654 | −0.521% | $6K | $8K | 20x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.770 | −0.052% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTshort | +0.0976% | 8h | 24.740 | −0.174% | $284K | $365K | 25x | |
| KuCoin KSTRUSDTM | +0.1345% | 8h | 24.750 | −0.133% | $27K | $161K | 20x | as long as short |
| Variational Omni KSTR | +0.2115% | 8h | 24.767 | −0.064% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDT | +0.2226% | 8h | 24.750 | −0.133% | $440K | $80K | 50x | as long as short |
tradeXYZ xyz:KSTR
Gate KSTR_USDT
Phemex KSTRUSDT
Aster KSTRUSDT
HTX KSTR-USDT
KuCoin KSTRUSDTM
Variational Omni KSTR
MEXC KSTR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2233% | 8h | 24.760 | −0.093% | $1.6M | $1.4M | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.2443% | 8h | 24.790 | +0.028% | $396 | $117K | 10x | as long as short |
Binance KSTRUSDT
GRVT KSTR_USDT_Perp