Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.092%
Price spread now: Bybit against Phemex0.000%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2912.913% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now 0.000%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.044% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex KSTRUSDT | 24.480 | 0 | get 0.0000% / 8h | 2h 35m | $1.5M | $137K | 10x |
| Short | Bybit KSTRUSDT | 24.480 | 0 | get 0.0000% / 8h | 2h 35m | $374K | $451K | 25x |
Phemex KSTRUSDT
Bybit KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.044%
- $4.41
- Slippage, 4 orders
- −$268.29
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$286.88
- Costs to cover
- 2.913%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: 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 Phemex live order book, 2 min ago | 4.08 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.09 bp | 85.7 bp −$86 | 216.4 bp −$2,164 | 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 | 24.441 | −0.161% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDTshort | 0.0000% | 8h | 24.480 | 0.000% | $374K | $451K | 25x | |
| Gate KSTR_USDT | 0.0000% | 8h | 24.510 | +0.123% | $362K | $375K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.527 | +0.192% | $522K | $298K | 20x | as long as short |
| Phemex KSTRUSDTlong | 0.0000% | 8h | 24.480 | long leg | $1.5M | $137K | 10x | |
| KuCoin KSTRUSDTM | +0.0100% | 8h | 24.490 | +0.041% | $27K | $158K | 20x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.500 | +0.081% | $127 | $113K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.490 | +0.041% | $8K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.0431% | 8h | 24.486 | +0.025% | $97K | $8K | — | as long as short |
| Binance KSTRUSDT | +0.0466% | 8h | 24.490 | +0.041% | $1.8M | $1.8M | 25x | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
KuCoin KSTRUSDTM
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 | +0.0473% | 8h | 24.470 | −0.041% | $432K | $81K | 50x | as long as short |
| tradeXYZ xyz:KSTR | +0.0803% | 1h | 24.477 | −0.012% | $19K | $6K | 10x | as long as short |
MEXC KSTR_USDT
tradeXYZ xyz:KSTR