KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.2336%/8h= +255.8% APRnext payment +$23.36 per $10,000 · paid last 24h +0.171%

Price spread now: Binance against Bybit0.000%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$212as in the Funding arb table

Net, price: spread back to 7d avg − costs−$249as in the Price arb table

costs, in and out, $10k−$2442.438% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.321%+$32 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now 0.000%, 7d avg +0.048%

Together, before fees+0.425%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.048% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.048%). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$70 a day). At the pace of the last 7 days (+0.321% in total) that is about 25 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.321% in total (about 16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.36 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	Bybit KSTRUSDT	24.320	−0.2336	get 0.2336% / 8h	7h 56m	$330K	$519K	25x
Short	Binance KSTRUSDT	24.320	0	get 0.0000% / 8h	7h 56m	$1.8M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $490.55
Price spread: 0.000% → +0.048%: −$4.76
Slippage, 4 orders: −$222.8
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $241.99
Costs to cover: 2.438%
Break-even: 3.5 days

Slippage from Bybit: live order book, 33 min ago; Binance: live order book, 7 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 Bybit live order book, 33 min ago	4.10 bp	109.0 bp −$109	248.7 bp −$2,487	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.06 bp	18.1 bp −$18	86.2 bp −$862	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
Bybit KSTRUSDTlong	−0.2336%	8h	24.320	long leg	$330K	$519K	25x
tradeXYZ xyz:KSTR	−0.1120%	1h	24.318	−0.008%	$19K	$5K	10x	as long as short
KuCoin KSTRUSDTM	−0.0968%	8h	24.320	0.000%	$27K	$182K	20x	as long as short
GRVT KSTR_USDT_Perp	−0.0386%	8h	24.374	+0.224%	$43	$109K	10x	as long as short
Aster KSTRUSDT	0.0000%	8h	24.364	+0.182%	$6K	$8K	20x	as long as short
Binance KSTRUSDTshort	0.0000%	8h	24.320	0.000%	$1.8M	$1.8M	25x
Gate KSTR_USDT	0.0000%	8h	24.350	+0.123%	$366K	$374K	20x	as long as short
MEXC KSTR_USDT	0.0000%	8h	24.320	0.000%	$429K	$80K	50x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.327	+0.029%	$521K	$250K	20x	as long as short
Variational Omni KSTR	0.0000%	8h	24.332	+0.048%	$97K	$8K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex KSTRUSDT	0.0000%	8h	24.300	−0.082%	$1.5M	$142K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.330	+0.041%	$8K	$5K	10x	as long as short