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: MEXC against Phemex+0.082%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

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

Long on Phemex Short on MEXC

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 +0.082%, 7d avg +0.005%

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

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and MEXC is 0.077% dearer against Phemex than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.005%.

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	Phemex KSTRUSDT	24.520	0	get 0.0000% / 8h	3h 48m	$1.5M	$131K	10x
Short	MEXC KSTR_USDT	24.540	0.1248	get 0.1248% / 8h	3h 48m	$433K	$80K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Phemex. 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 PhemexbpFee MEXCbpOrdersPrice spread, now +0.082%Rate

Funding earned: $262.08
Price spread: +0.082% → +0.005%: $7.68
Slippage, 4 orders: −$117.22
Fee Phemex: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $136.55
Costs to cover: 1.332%
Break-even: 3.4 days

Slippage from Phemex: live order book, 4 min ago; MEXC: live order book, 52 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, 4 min ago	4.06 bp	45.5 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 52 min ago	8.11 bp	17.1 bp −$17	60.9 bp −$609	209.4 bp −$20.9K	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	+0.146%	$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	+0.285%	$362K	$357K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.557	+0.151%	$519K	$291K	20x	as long as short
Phemex KSTRUSDTlong	0.0000%	8h	24.520	long leg	$1.5M	$131K	10x
tradeXYZ xyz:KSTR	+0.0050%	1h	24.626	+0.432%	$19K	$5K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.630	+0.449%	$8K	$5K	10x	as long as short
KuCoin KSTRUSDTM	+0.0102%	8h	24.570	+0.204%	$27K	$156K	20x	as long as short
GRVT KSTR_USDT_Perp	+0.0142%	8h	24.674	+0.627%	$244	$112K	10x	as long as short
Variational Omni KSTR	+0.1218%	8h	24.546	+0.105%	$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	+0.046%	$1.8M	$1.7M	25x	as long as short
MEXC KSTR_USDTshort	+0.1248%	8h	24.540	+0.082%	$433K	$80K	50x