KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0913%/8h= −100.0% APRnext payment −$9.13 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit+0.311%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$492as in the Funding arb table

Net, price: spread back to 7d avg − costs−$497as in the Price arb table

costs, in and out, $10k−$5185.181% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.257%+$26 on $10k

Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.311%, 7d avg +0.103%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.209% dearer against Bybit than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of +0.103%): +$21 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.257%, so the current rate has only just turned against you.

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 −$9.13 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	24.730	0.0913	pay 0.0913% / 8h	1h 37m	$284K	$349K	25x
Short	Bitget KSTRUSDT	24.807	0	get 0.0000% / 8h	1h 37m	$491K	$164K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpOrdersPrice spread, now +0.311%Rate

Funding earned: −$191.75
Price spread: +0.311% → +0.103%: $20.87
Slippage, 4 orders: −$495.14
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$689.02
Costs to cover: 5.181%
Break-even: never at this rate

Slippage from Bybit: live order book, 37 min ago; Bitget: live order book, 39 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, 37 min ago	4.04 bp	30.9 bp −$31	182.9 bp −$1,829	doesn't fit	doesn't fit
Sell Bitget live order book, 39 min ago	8.08 bp	132.5 bp −$132	299.2 bp −$2,992	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	24.586	−0.581%	$6K	$8K	20x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.790	+0.243%	$365K	$402K	20x	as long as short
Bitget KSTRUSDTshort	0.0000%	8h	24.807	+0.311%	$491K	$164K	20x
Phemex KSTRUSDT	0.0000%	8h	24.780	+0.202%	$1.5M	$102K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.810	+0.323%	$8K	$5K	10x	as long as short
KuCoin KSTRUSDTM	+0.0702%	8h	24.770	+0.162%	$27K	$164K	20x	as long as short
Bybit KSTRUSDTlong	+0.0913%	8h	24.730	long leg	$284K	$349K	25x
Variational Omni KSTR	+0.1176%	8h	24.772	+0.170%	$91K	$2K	—	as long as short
MEXC KSTR_USDT	+0.1350%	8h	24.760	+0.121%	$440K	$80K	50x	as long as short
Binance KSTRUSDT	+0.1382%	8h	24.777	+0.188%	$1.5M	$1.3M	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KSTR	+0.1773%	1h	24.696	−0.137%	$18K	$5K	10x	as long as short
GRVT KSTR_USDT_Perp	+0.1796%	8h	24.798	+0.274%	$837	$117K	10x	as long as short