Funding you earn now, next payment 08:00 UTC−0.1095%/8h= −119.9% APRnext payment −$10.95 per $10,000 · paid last 24h −0.145%
Price spread now: KuCoin against MEXC−0.040%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$805as in the Funding arb table
Net, price: spread back to 7d avg − costs−$763as in the Price arb table
costs, in and out, $10k−$7577.572% of the position
Funding, last 7 days−0.480%−$48 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.040%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.480% in total (about -25.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.95 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 | 24.700 | 0.1806 | pay 0.1806% / 8h | 4h 39m | $436K | $80K | 50x |
| Short | KuCoin KSTRUSDTM | 24.690 | 0.0711 | get 0.0711% / 8h | 4h 39m | $27K | $156K | 20x |
MEXC KSTR_USDT
KuCoin KSTRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$229.95
- Price spread: −0.040% → +0.015%
- −$5.54
- Slippage, 4 orders
- −$741.17
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$992.66
- Costs to cover
- 7.572%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 35 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, 1 min ago | 8.11 bp | 21.2 bp −$21 | 58.4 bp −$584 | 196.2 bp −$19.6K | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 24.18 bp | 402.7 bp −$403 | 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 | 24.692 | −0.033% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.740 | +0.162% | $365K | $355K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.751 | +0.206% | $513K | $280K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.650 | −0.202% | $1.5M | $130K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0050% | 1h | 24.656 | −0.178% | $19K | $5K | 10x | as long as short |
| Bybit KSTRUSDT | +0.0064% | 8h | 24.670 | −0.121% | $360K | $416K | 25x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.690 | −0.040% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0462% | 8h | 24.698 | −0.010% | $267 | $113K | 10x | as long as short |
| KuCoin KSTRUSDTMshort | +0.0711% | 8h | 24.690 | −0.040% | $27K | $156K | 20x | |
| Variational Omni KSTR | +0.1723% | 8h | 24.650 | −0.201% | $98K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
Bybit KSTRUSDT
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1796% | 8h | 24.650 | −0.202% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDTlong | +0.1806% | 8h | 24.700 | long leg | $436K | $80K | 50x |
Binance KSTRUSDT