Settings8H · net · $10k
Funding arb · Price arb /

KSTR

RWAall KSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against Bitget−0.175%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$815as in the Funding arb table
Net, price: spread back to 7d avg − costs−$796as in the Price arb table
costs, in and out, $10k−$7837.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.175%, 7d avg −0.043%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of −0.043%). If the spread goes back, that is −$13 on $10k: about 4.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KSTRUSDT24.5830get 0.0000% / 8h3h 29m$520K$292K20x
ShortKuCoin KSTRUSDTM24.5400.0100get 0.0100% / 8h3h 29m$27K$157K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Funding earned
$21
Price spread: −0.175% → −0.043%
−$13.2
Slippage, 4 orders
−$758.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$775.1
Costs to cover
7.829%
Break-even
265.4 days
Slippage from Bitget: live order book, 16 min ago; KuCoin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 16 min ago10.18 bp58.8 bp −$59125.8 bp −$1,258doesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago34.56 bp322.7 bp −$323doesn't fitdoesn't fitdoesn't fit

KSTR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KSTRUSDT0.0000%8h24.569−0.055%$6K$8K20xas long as short
Bybit KSTRUSDT0.0000%8h24.550−0.134%$363K$423K25xas long as short
Gate KSTR_USDT0.0000%8h24.580−0.012%$362K$361K20xas long as short
Bitget KSTRUSDTlong0.0000%8h24.583long leg$520K$292K20x
Phemex KSTRUSDT0.0000%8h24.520−0.256%$1.5M$131K10xas long as short
tradeXYZ xyz:KSTR+0.0050%1h24.602+0.077%$19K$5K10xas long as short
KuCoin KSTRUSDTMshort+0.0100%8h24.540−0.175%$27K$157K20x
GRVT KSTR_USDT_Perp+0.0100%8h24.540−0.174%$241$113K10xas long as short
HTX KSTR-USDT+0.0100%8h24.450−0.541%$8K$5K10xas long as short
Variational Omni KSTR+0.1018%8h24.521−0.253%$98K$8Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KSTRUSDT+0.1041%8h24.536−0.192%$1.8M$1.7M25xas long as short
MEXC KSTR_USDT+0.1047%8h24.570−0.053%$434K$81K50xas long as short