Funding you earn now, next payment 00:00 UTC−0.1293%/8h= −141.6% APRnext payment −$12.93 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against KuCoin+0.121%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$692as in the Funding arb table
Net, price: spread back to 7d avg − costs−$743as in the Price arb table
costs, in and out, $10k−$7517.511% of the position
Funding, last 7 days+0.589%+$59 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.121%, 7d avg +0.035%
=The price spread pays, funding is against you. Bitget is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.035%): +$9 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.589%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.589% in total (about 30.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.93 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 | KuCoin KSTRUSDTM | 24.760 | 0.1293 | pay 0.1293% / 8h | 43m 12s | $27K | $161K | 20x |
| Short | Bitget KSTRUSDT | 24.790 | 0 | get 0.0000% / 8h | 43m 12s | $492K | $168K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$271.53
- Price spread: +0.121% → +0.035%
- $8.57
- Slippage, 4 orders
- −$727.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,014.07
- Costs to cover
- 7.511%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Bitget: live order book, 28 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 KuCoin live order book, 11 min ago | 30.30 bp | 346.6 bp −$347 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 15.51 bp | 154.7 bp −$155 | 328.6 bp −$3,286 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0744% | 1h | 24.750 | −0.040% | $18K | $5K | 10x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.800 | +0.162% | $365K | $404K | 20x | as long as short |
| Bitget KSTRUSDTshort | 0.0000% | 8h | 24.790 | +0.121% | $492K | $168K | 20x | |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.780 | +0.081% | $1.5M | $105K | 10x | as long as short |
| Aster KSTRUSDT | +0.0021% | 8h | 24.654 | −0.429% | $6K | $8K | 20x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.760 | 0.000% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDT | +0.1051% | 8h | 24.730 | −0.121% | $284K | $365K | 25x | as long as short |
| KuCoin KSTRUSDTMlong | +0.1293% | 8h | 24.760 | long leg | $27K | $161K | 20x | |
| Variational Omni KSTR | +0.2036% | 8h | 24.772 | +0.048% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDT | +0.2150% | 8h | 24.730 | −0.121% | $439K | $79K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2152% | 8h | 24.758 | −0.006% | $1.6M | $1.4M | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.2414% | 8h | 24.758 | −0.006% | $317 | $118K | 10x | as long as short |
KuCoin KSTRUSDTM
Bitget KSTRUSDT
tradeXYZ xyz:KSTR
Gate KSTR_USDT
Phemex KSTRUSDT
Aster KSTRUSDT
HTX KSTR-USDT
Bybit KSTRUSDT
Variational Omni KSTR
MEXC KSTR_USDT
Binance KSTRUSDT
GRVT KSTR_USDT_Perp