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

KSTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2324%/8h= +254.5% APRnext payment +$23.24 per $10,000 · paid last 24h +0.243%
Price spread now: GRVT against Gate−0.046%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2592.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.295%+$30 on $10k
Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.046%, 7d avg −0.004%
Together, before fees+0.341%+ Points / potential airdropGRVT: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.042% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$70 a day). At the pace of the last 7 days (+0.295% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.295% in total (about 15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.24 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_USDT24.8100get 0.0000% / 8h7h 38m$365K$383K20x
ShortGRVT KSTR_USDT_Perp24.7990.2324get 0.2324% / 8h7h 38m$634$117K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$488.04
Price spread: −0.046% → −0.004%
−$4.22
Slippage, 4 orders
−$234.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$224.91
Costs to cover
2.589%
Break-even
3.8 days
Slippage from Gate: live order book, 32 min ago; GRVT: live order book, 29 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, 32 min ago12.09 bp87.1 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 29 min ago10.10 bp34.1 bp −$34120.7 bp −$1,207doesn'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%8h24.657−0.615%$6K$8K20xas long as short
Gate KSTR_USDTlong0.0000%8h24.810long leg$365K$383K20x
Bitget KSTRUSDT0.0000%8h24.758−0.210%$506K$177K20xas long as short
Phemex KSTRUSDT0.0000%8h24.760−0.202%$1.5M$118K10xas long as short
HTX KSTR-USDT+0.0100%8h24.790−0.081%$8K$5K10xas long as short
tradeXYZ xyz:KSTR+0.0714%1h24.747−0.254%$17K$5K10xas long as short
Bybit KSTRUSDT+0.1493%8h24.710−0.403%$287K$371K25xas long as short
KuCoin KSTRUSDTM+0.1538%8h24.770−0.161%$27K$159K20xas long as short
GRVT KSTR_USDT_Perpshort+0.2324%8h24.799−0.046%$634$117K10x
Variational Omni KSTR+0.2352%8h24.786−0.096%$91K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KSTR_USDT+0.2474%8h24.740−0.282%$440K$80K50xas long as short
Binance KSTRUSDT+0.2478%8h24.740−0.282%$1.7M$1.5M25xas long as short