Funding you earn now, next payment 08:00 UTC+0.0461%/8h= +50.4% APRnext payment +$4.61 per $10,000 · paid last 24h +0.092%
Price spread now: Bybit against Gate0.000%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2632.634% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now 0.000%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bybit is 0.080% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.165% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.61 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 | Gate KSTR_USDT | 24.870 | 0 | get 0.0000% / 8h | 6h 06m | $363K | $386K | 20x |
| Short | Bybit KSTRUSDT | 24.870 | 0.0461 | get 0.0461% / 8h | 6h 06m | $372K | $414K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $96.74
- Price spread: 0.000% → −0.080%
- $8.02
- Slippage, 4 orders
- −$237.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$158.67
- Costs to cover
- 2.634%
- Break-even
- 18.5 days
Slippage from Gate: live order book, 59 min ago; Bybit: live order book, 53 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 Gate live order book, 59 min ago | 10.06 bp | 99.8 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 53 min ago | 10.07 bp | 41.6 bp −$42 | 219.3 bp −$2,193 | 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 | 24.865 | −0.019% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDTlong | 0.0000% | 8h | 24.870 | long leg | $363K | $386K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.844 | −0.105% | $513K | $287K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.850 | −0.080% | $1.5M | $136K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0074% | 1h | 24.830 | −0.161% | $18K | $4K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.830 | −0.161% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTshort | +0.0461% | 8h | 24.870 | 0.000% | $372K | $414K | 25x | |
| GRVT KSTR_USDT_Perp | +0.1249% | 8h | 24.820 | −0.201% | $662 | $120K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.1414% | 8h | 24.840 | −0.121% | $27K | $155K | 20x | as long as short |
| Binance KSTRUSDT | +0.2523% | 8h | 24.850 | −0.080% | $1.8M | $1.8M | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSTR | +0.2550% | 8h | 24.826 | −0.178% | $97K | $6K | — | as long as short |
| MEXC KSTR_USDT | +0.2559% | 8h | 24.860 | −0.040% | $439K | $82K | 50x | as long as short |
Gate KSTR_USDT
Bybit KSTRUSDT
Aster KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Binance KSTRUSDT
Variational Omni KSTR
MEXC KSTR_USDT