Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.264%
Price spread now: Binance against Phemex+0.059%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.059%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.060% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex KSTRUSDT | 24.360 | 0 | get 0.0000% / 8h | 1h 32m | $1.5M | $141K | 10x |
| Short | Binance KSTRUSDT | 24.374 | 0 | get 0.0000% / 8h | 1h 32m | $1.8M | $1.8M | 25x |
Phemex KSTRUSDT
Binance KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $0
- Price spread: +0.059% → 0.000%
- $5.98
- Slippage, 4 orders
- −$114.45
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.47
- Costs to cover
- 1.364%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Binance: live order book, 1 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 Phemex live order book, 1 min ago | 6.15 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 6.15 bp | 19.3 bp −$19 | 89.0 bp −$890 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0779% | 1h | 24.430 | +0.287% | $19K | $6K | 10x | as long as short |
| KuCoin KSTRUSDTM | −0.0274% | 8h | 24.380 | +0.082% | $26K | $158K | 20x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.356 | −0.015% | $6K | $8K | 20x | as long as short |
| Binance KSTRUSDTshort | 0.0000% | 8h | 24.374 | +0.059% | $1.8M | $1.8M | 25x | |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.350 | −0.041% | $331K | $496K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.420 | +0.246% | $358K | $384K | 20x | as long as short |
| MEXC KSTR_USDT | 0.0000% | 8h | 24.390 | +0.123% | $430K | $81K | 50x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.413 | +0.218% | $521K | $299K | 20x | as long as short |
| Variational Omni KSTR | 0.0000% | 8h | 24.356 | −0.017% | $97K | $8K | — | as long as short |
| Phemex KSTRUSDTlong | 0.0000% | 8h | 24.360 | long leg | $1.5M | $141K | 10x |
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
MEXC KSTR_USDT
Bitget KSTRUSDT
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.382 | +0.089% | $166 | $112K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.360 | 0.000% | $8K | $5K | 10x | as long as short |
GRVT KSTR_USDT_Perp
HTX KSTR-USDT