Funding you earn now, next payment 08:00 UTC+0.0480%/8h= +52.6% APRnext payment +$4.80 per $10,000 · paid last 24h +0.263%
Price spread now: MEXC against Gate−0.163%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2072.068% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.163%, 7d avg −0.033%
=Funding pays, the price is against you. MEXC is 0.130% cheaper against Gate than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.033%). If the spread goes back, that is −$13 on $10k: about 22 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.154% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.80 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 | 24.520 | 0 | get 0.0000% / 8h | 2h 35m | $362K | $375K | 20x |
| Short | MEXC KSTR_USDT | 24.480 | 0.0480 | get 0.0480% / 8h | 2h 35m | $432K | $81K | 50x |
Gate KSTR_USDT
MEXC KSTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $100.8
- Price spread: −0.163% → −0.033%
- −$12.99
- Slippage, 4 orders
- −$187.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.02
- Costs to cover
- 2.068%
- Break-even
- 15.3 days
Slippage from Gate: live order book, 9 min ago; MEXC: live order book, 60 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, 9 min ago | 10.18 bp | 77.7 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 6.11 bp | 14.1 bp −$14 | 76.8 bp −$768 | 216.1 bp −$21.6K | 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 | 24.440 | −0.325% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.480 | −0.163% | $374K | $451K | 25x | as long as short |
| Gate KSTR_USDTlong | 0.0000% | 8h | 24.520 | long leg | $362K | $375K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.512 | −0.033% | $522K | $298K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.480 | −0.163% | $1.5M | $137K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0100% | 8h | 24.490 | −0.122% | $27K | $158K | 20x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.500 | −0.082% | $127 | $113K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.490 | −0.122% | $8K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.0431% | 8h | 24.486 | −0.138% | $97K | $8K | — | as long as short |
| Binance KSTRUSDT | +0.0474% | 8h | 24.480 | −0.163% | $1.8M | $1.8M | 25x | as long as short |
Aster KSTRUSDT
Bybit KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
KuCoin KSTRUSDTM
GRVT KSTR_USDT_Perp
HTX KSTR-USDT
Variational Omni KSTR
Binance KSTRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KSTR_USDTshort | +0.0480% | 8h | 24.480 | −0.163% | $432K | $81K | 50x | |
| tradeXYZ xyz:KSTR | +0.0797% | 1h | 24.479 | −0.167% | $19K | $6K | 10x | as long as short |
tradeXYZ xyz:KSTR