Funding you earn now, next payment 08:00 UTC+0.0540%/8h= +59.1% APRnext payment +$5.40 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against Gate−0.081%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$975as in the Funding arb table
Net, price: spread back to 7d avg − costs−$949as in the Price arb table
costs, in and out, $10k−$9439.427% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.081%, 7d avg −0.015%
=Funding pays, the price is against you. KuCoin is 0.066% cheaper against Gate than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.015%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.326%, 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 -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.40 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 | 24.690 | 0 | get 0.0000% / 8h | 4h 23m | $364K | $357K | 20x |
| Short | KuCoin KSTRUSDTM | 24.670 | 0.0540 | get 0.0540% / 8h | 4h 23m | $27K | $156K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $113.4
- Price spread: −0.081% → −0.015%
- −$6.56
- Slippage, 4 orders
- −$915.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$835.86
- Costs to cover
- 9.427%
- Break-even
- 58.6 days
Slippage from Gate: live order book, 32 min ago; KuCoin: live order book, 51 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, 32 min ago | 6.05 bp | 105.4 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 24.18 bp | 402.7 bp −$403 | 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 | 24.657 | −0.135% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.650 | −0.162% | $365K | $418K | 25x | as long as short |
| Gate KSTR_USDTlong | 0.0000% | 8h | 24.690 | long leg | $364K | $357K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.708 | +0.073% | $512K | $280K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.630 | −0.243% | $1.5M | $129K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0008% | 1h | 24.634 | −0.227% | $19K | $5K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.560 | −0.527% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0360% | 8h | 24.653 | −0.151% | $192 | $113K | 10x | as long as short |
| KuCoin KSTRUSDTMshort | +0.0540% | 8h | 24.670 | −0.081% | $27K | $156K | 20x | |
| Variational Omni KSTR | +0.1572% | 8h | 24.635 | −0.221% | $98K | $8K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1616% | 8h | 24.638 | −0.210% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.1632% | 8h | 24.650 | −0.162% | $435K | $81K | 50x | as long as short |
Gate KSTR_USDT
KuCoin KSTRUSDTM
Aster KSTRUSDT
Bybit KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
Variational Omni KSTR
Binance KSTRUSDT
MEXC KSTR_USDT