Settings8H · net · $10k
Funding arb · Price arb /

KSTR

RWAall KSTR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KSTR_USDT24.8700get 0.0000% / 8h6h 06m$363K$386K20x
ShortBybit KSTRUSDT24.8700.0461get 0.0461% / 8h6h 06m$372K$414K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 59 min ago10.06 bp99.8 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 53 min ago10.07 bp41.6 bp −$42219.3 bp −$2,193doesn't fitdoesn't fit

KSTR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KSTRUSDT0.0000%8h24.865−0.019%$6K$8K20xas long as short
Gate KSTR_USDTlong0.0000%8h24.870long leg$363K$386K20x
Bitget KSTRUSDT0.0000%8h24.844−0.105%$513K$287K20xas long as short
Phemex KSTRUSDT0.0000%8h24.850−0.080%$1.5M$136K10xas long as short
tradeXYZ xyz:KSTR+0.0074%1h24.830−0.161%$18K$4K10xas long as short
HTX KSTR-USDT+0.0100%8h24.830−0.161%$8K$5K10xas long as short
Bybit KSTRUSDTshort+0.0461%8h24.8700.000%$372K$414K25x
GRVT KSTR_USDT_Perp+0.1249%8h24.820−0.201%$662$120K10xas long as short
KuCoin KSTRUSDTM+0.1414%8h24.840−0.121%$27K$155K20xas long as short
Binance KSTRUSDT+0.2523%8h24.850−0.080%$1.8M$1.8M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni KSTR+0.2550%8h24.826−0.178%$97K$6Kas long as short
MEXC KSTR_USDT+0.2559%8h24.860−0.040%$439K$82K50xas long as short