Funding you earn now, next payment 08:00 UTC−0.0586%/8h= −64.1% APRnext payment −$5.86 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Bybit−0.040%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$669as in the Price arb table
costs, in and out, $10k−$6596.587% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.040%, 7d avg +0.067%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.107% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.86 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 | 24.860 | 0.2320 | pay 0.2320% / 8h | 6h 40m | $344K | $407K | 25x |
| Short | KuCoin KSTRUSDTM | 24.850 | 0.1734 | get 0.1734% / 8h | 6h 40m | $27K | $157K | 20x |
Bybit KSTRUSDT
KuCoin KSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$122.98
- Price spread: −0.040% → +0.067%
- −$10.71
- Slippage, 4 orders
- −$635.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$792.37
- Costs to cover
- 6.587%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 19 min ago; KuCoin: live order book, 63 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, 19 min ago | 10.07 bp | 25.8 bp −$26 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 63 min ago | 22.17 bp | 347.9 bp −$348 | 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 | 24.697 | −0.654% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.910 | +0.201% | $367K | $347K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.896 | +0.145% | $516K | $186K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.860 | 0.000% | $1.5M | $120K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.880 | +0.080% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0940% | 1h | 24.801 | −0.237% | $18K | $6K | 10x | as long as short |
| KuCoin KSTRUSDTMshort | +0.1734% | 8h | 24.850 | −0.040% | $27K | $157K | 20x | |
| Bybit KSTRUSDTlong | +0.2320% | 8h | 24.860 | long leg | $344K | $407K | 25x | |
| Variational Omni KSTR | +0.2819% | 8h | 24.851 | −0.036% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDT | +0.2903% | 8h | 24.840 | −0.080% | $441K | $80K | 50x | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
HTX KSTR-USDT
tradeXYZ xyz:KSTR
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 | +0.2920% | 8h | 24.870 | +0.040% | $1.7M | $1.6M | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.3243% | 8h | 24.890 | +0.121% | $223 | $115K | 10x | as long as short |
Binance KSTRUSDT
GRVT KSTR_USDT_Perp