Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against KuCoin−0.122%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$811as in the Funding arb table
Net, price: spread back to 7d avg − costs−$832as in the Price arb table
costs, in and out, $10k−$8278.266% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.122%, 7d avg −0.066%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.066%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.161%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSTRUSDTM | 24.510 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $27K | $158K | 20x |
| Short | Bybit KSTRUSDT | 24.480 | 0 | get 0.0000% / 8h | 2h 33m | $374K | $451K | 25x |
KuCoin KSTRUSDTM
Bybit KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: −0.122% → −0.066%
- −$5.67
- Slippage, 4 orders
- −$803.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$853.31
- Costs to cover
- 8.266%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Bybit: live order book, 6 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, 22 min ago | 26.62 bp | 399.4 bp −$399 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.09 bp | 85.7 bp −$86 | 216.4 bp −$2,164 | 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 | 24.507 | −0.014% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDTshort | 0.0000% | 8h | 24.480 | −0.122% | $374K | $451K | 25x | |
| Gate KSTR_USDT | 0.0000% | 8h | 24.530 | +0.082% | $362K | $375K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.518 | +0.033% | $522K | $298K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.500 | −0.041% | $1.5M | $137K | 10x | as long as short |
| KuCoin KSTRUSDTMlong | +0.0100% | 8h | 24.510 | long leg | $27K | $158K | 20x | |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.500 | −0.041% | $127 | $113K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.490 | −0.082% | $8K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.0431% | 8h | 24.486 | −0.097% | $97K | $8K | — | as long as short |
| Binance KSTRUSDT | +0.0454% | 8h | 24.525 | +0.063% | $1.8M | $1.8M | 25x | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
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_USDT | +0.0462% | 8h | 24.520 | +0.041% | $433K | $81K | 50x | as long as short |
| tradeXYZ xyz:KSTR | +0.0850% | 1h | 24.470 | −0.163% | $19K | $6K | 10x | as long as short |
MEXC KSTR_USDT
tradeXYZ xyz:KSTR