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+0.0540%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.265%−$27 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KSTR_USDT24.6900get 0.0000% / 8h4h 23m$364K$357K20x
ShortKuCoin KSTRUSDTM24.6700.0540get 0.0540% / 8h4h 23m$27K$156K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 32 min ago6.05 bp105.4 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 51 min ago24.18 bp402.7 bp −$403doesn't fitdoesn'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%8h24.657−0.135%$6K$8K20xas long as short
Bybit KSTRUSDT0.0000%8h24.650−0.162%$365K$418K25xas long as short
Gate KSTR_USDTlong0.0000%8h24.690long leg$364K$357K20x
Bitget KSTRUSDT0.0000%8h24.708+0.073%$512K$280K20xas long as short
Phemex KSTRUSDT0.0000%8h24.630−0.243%$1.5M$129K10xas long as short
tradeXYZ xyz:KSTR+0.0008%1h24.634−0.227%$19K$5K10xas long as short
HTX KSTR-USDT+0.0100%8h24.560−0.527%$8K$5K10xas long as short
GRVT KSTR_USDT_Perp+0.0360%8h24.653−0.151%$192$113K10xas long as short
KuCoin KSTRUSDTMshort+0.0540%8h24.670−0.081%$27K$156K20x
Variational Omni KSTR+0.1572%8h24.635−0.221%$98K$8Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KSTRUSDT+0.1616%8h24.638−0.210%$1.8M$1.7M25xas long as short
MEXC KSTR_USDT+0.1632%8h24.650−0.162%$435K$81K50xas long as short