KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1248%/8h= −136.7% APRnext payment −$12.48 per $10,000 · paid last 24h −0.263%

Price spread now: Phemex against MEXC−0.081%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1331.332% of the position

Long on MEXC Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.081%, 7d avg −0.005%

Together, before fees−0.155%−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Phemex is 0.077% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.48 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	24.540	0.1248	pay 0.1248% / 8h	3h 48m	$433K	$80K	50x
Short	Phemex KSTRUSDT	24.520	0	get 0.0000% / 8h	3h 48m	$1.5M	$131K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee PhemexbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$262.08
Price spread: −0.081% → −0.005%: −$7.68
Slippage, 4 orders: −$117.22
Fee MEXC: 2 bp × 2 orders: −$4
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$402.98
Costs to cover: 1.332%
Break-even: never at this rate

Slippage from MEXC: live order book, 52 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 MEXC live order book, 52 min ago	8.11 bp	21.2 bp −$21	58.4 bp −$584	196.2 bp −$19.6K	doesn't fit
Sell Phemex live order book, 4 min ago	4.06 bp	49.5 bp −$49	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	24.556	+0.065%	$6K	$8K	20x	as long as short
Bybit KSTRUSDT	0.0000%	8h	24.530	−0.041%	$362K	$423K	25x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.590	+0.204%	$362K	$357K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.557	+0.069%	$519K	$291K	20x	as long as short
Phemex KSTRUSDTshort	0.0000%	8h	24.520	−0.081%	$1.5M	$131K	10x
tradeXYZ xyz:KSTR	+0.0050%	1h	24.626	+0.350%	$19K	$5K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.630	+0.367%	$8K	$5K	10x	as long as short
KuCoin KSTRUSDTM	+0.0102%	8h	24.570	+0.122%	$27K	$156K	20x	as long as short
GRVT KSTR_USDT_Perp	+0.0142%	8h	24.674	+0.545%	$244	$112K	10x	as long as short
Variational Omni KSTR	+0.1218%	8h	24.546	+0.023%	$98K	$8K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KSTRUSDT	+0.1238%	8h	24.531	−0.036%	$1.8M	$1.7M	25x	as long as short
MEXC KSTR_USDTlong	+0.1248%	8h	24.540	long leg	$433K	$80K	50x