Funding you earn now, next payment 08:00 UTC−0.0903%/8h= −98.9% APRnext payment −$9.03 per $10,000 · paid last 24h −0.170%
Price spread now: Bybit against MEXC+0.081%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days−0.319%−$32 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.081%, 7d avg −0.053%
=The price spread pays, funding is against you. Bybit is 0.134% dearer against MEXC than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.053%): +$13 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.319% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.319% in total (about -16.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.03 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 | MEXC KSTR_USDT | 24.740 | 0.2477 | pay 0.2477% / 8h | 7h 37m | $440K | $80K | 50x |
| Short | Bybit KSTRUSDT | 24.760 | 0.1574 | get 0.1574% / 8h | 7h 37m | $288K | $371K | 25x |
MEXC KSTR_USDT
Bybit KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$189.58
- Price spread: +0.081% → −0.053%
- $13.4
- Slippage, 4 orders
- −$94.19
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$285.37
- Costs to cover
- 1.092%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 18 min ago; Bybit: live order book, 27 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 MEXC live order book, 18 min ago | 12.10 bp | 15.6 bp −$16 | 35.8 bp −$358 | 196.7 bp −$19.7K | doesn't fit |
| Sell Bybit live order book, 27 min ago | 4.04 bp | 17.6 bp −$18 | 190.3 bp −$1,903 | 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 | 24.663 | −0.312% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.820 | +0.323% | $365K | $383K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.751 | +0.044% | $506K | $177K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.780 | +0.162% | $1.5M | $117K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.790 | +0.202% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0688% | 1h | 24.746 | +0.024% | $17K | $5K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.1538% | 8h | 24.770 | +0.121% | $27K | $159K | 20x | as long as short |
| Bybit KSTRUSDTshort | +0.1574% | 8h | 24.760 | +0.081% | $288K | $371K | 25x | |
| GRVT KSTR_USDT_Perp | +0.2324% | 8h | 24.799 | +0.237% | $634 | $117K | 10x | as long as short |
| Variational Omni KSTR | +0.2352% | 8h | 24.786 | +0.187% | $91K | $2K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
HTX KSTR-USDT
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
GRVT KSTR_USDT_Perp
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KSTR_USDTlong | +0.2477% | 8h | 24.740 | long leg | $440K | $80K | 50x | |
| Binance KSTRUSDT | +0.2482% | 8h | 24.769 | +0.119% | $1.7M | $1.5M | 25x | as long as short |
Binance KSTRUSDT