Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bitget−0.316%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2072.074% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.316%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.253% cheaper against Bitget than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSTRUSDT | 24.708 | 0 | get 0.0000% / 8h | 4h 25m | $512K | $280K | 20x |
| Short | Phemex KSTRUSDT | 24.630 | 0 | get 0.0000% / 8h | 4h 25m | $1.5M | $129K | 10x |
Bitget KSTRUSDT
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.316% → −0.063%
- −$25.28
- Slippage, 4 orders
- −$183.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$232.66
- Costs to cover
- 2.074%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 25 min ago; Phemex: live order book, 2 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, 25 min ago | 7.27 bp | 40.3 bp −$40 | 70.1 bp −$701 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 6.09 bp | 48.1 bp −$48 | 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 | 24.673 | −0.141% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.630 | −0.316% | $365K | $418K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.690 | −0.073% | $364K | $357K | 20x | as long as short |
| Bitget KSTRUSDTlong | 0.0000% | 8h | 24.708 | long leg | $512K | $280K | 20x | |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.630 | −0.316% | $1.5M | $129K | 10x | |
| tradeXYZ xyz:KSTR | +0.0023% | 1h | 24.635 | −0.295% | $19K | $5K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.640 | −0.275% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0394% | 8h | 24.679 | −0.118% | $375 | $113K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0559% | 8h | 24.660 | −0.194% | $27K | $156K | 20x | as long as short |
| Variational Omni KSTR | +0.1572% | 8h | 24.635 | −0.294% | $98K | $8K | — | as long as short |
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1646% | 8h | 24.630 | −0.316% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.1654% | 8h | 24.640 | −0.275% | $435K | $81K | 50x | as long as short |
Binance KSTRUSDT
MEXC KSTR_USDT