Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.118%
Price spread now: Phemex against KuCoin0.000%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$749as in the Price arb table
costs, in and out, $10k−$7517.508% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now 0.000%, 7d avg −0.022%
=The price spread pays, funding is against you. Phemex is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.022%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 hours. Mind the row above: over the last 7 days funding on this pair paid +0.326%, 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 | 24.490 | 0.0074 | pay 0.0074% / 8h | 2h 08m | $27K | $158K | 20x |
| Short | Phemex KSTRUSDT | 24.490 | 0 | get 0.0000% / 8h | 2h 08m | $1.5M | $137K | 10x |
KuCoin KSTRUSDTM
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$15.54
- Price spread: 0.000% → −0.022%
- $2.18
- Slippage, 4 orders
- −$726.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$764.13
- Costs to cover
- 7.508%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 47 min ago; Phemex: live order book, 4 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, 47 min ago | 26.62 bp | 399.4 bp −$399 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.09 bp | 50.5 bp −$51 | 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 | 24.496 | +0.023% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.490 | 0.000% | $371K | $459K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.510 | +0.082% | $359K | $380K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.517 | +0.110% | $522K | $298K | 20x | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.490 | 0.000% | $1.5M | $137K | 10x | |
| KuCoin KSTRUSDTMlong | +0.0074% | 8h | 24.490 | long leg | $27K | $158K | 20x | |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.480 | −0.040% | $375 | $113K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.480 | −0.041% | $8K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.0215% | 8h | 24.476 | −0.058% | $97K | $8K | — | as long as short |
| Binance KSTRUSDT | +0.0221% | 8h | 24.494 | +0.015% | $1.8M | $1.8M | 25x | as long as short |
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
Bitget 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 | +0.0228% | 8h | 24.480 | −0.041% | $432K | $83K | 50x | as long as short |
| tradeXYZ xyz:KSTR | +0.0643% | 1h | 24.464 | −0.106% | $19K | $6K | 10x | as long as short |
MEXC KSTR_USDT
tradeXYZ xyz:KSTR