Funding you earn now, next payment 01:00 UTC+0.0933%/8h= +102.1% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Phemex−0.073%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.073% cheaper against Phemex than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$28 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex KSTRUSDT | 24.780 | 0 | get 0.0000% / 8h | 7h 48m | $1.5M | $117K | 10x |
| Short | tradeXYZ xyz:KSTR | 24.762 | 0.0933 | get 0.0117% / 1h | 48m 19s | $17K | $5K | 10x |
Phemex KSTRUSDT
tradeXYZ xyz:KSTRFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $195.86
- Price spread: −0.073% → 0.000%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $158.59
- Costs to cover
- 0.300%
- Break-even
- 1.3 days
Slippage unknown: Phemex: live order book, 5 min ago; tradeXYZ: no order-book sample. Net counts fees only.
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, 5 min ago | 4.03 bp | 53.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ no order-book sample | — | — | — | — | — |
tradeXYZ: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 24.686 | −0.381% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.810 | +0.121% | $365K | $381K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.783 | +0.012% | $506K | $177K | 20x | as long as short |
| Phemex KSTRUSDTlong | 0.0000% | 8h | 24.780 | long leg | $1.5M | $117K | 10x | |
| HTX KSTR-USDT | +0.0100% | 8h | 24.790 | +0.040% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTRshort | +0.0933% | 1h | 24.762 | −0.073% | $17K | $5K | 10x | |
| Bybit KSTRUSDT | +0.0996% | 8h | 24.780 | 0.000% | $289K | $371K | 25x | as long as short |
| KuCoin KSTRUSDTM | +0.1479% | 8h | 24.790 | +0.040% | $27K | $159K | 20x | as long as short |
| GRVT KSTR_USDT_Perp | +0.2023% | 8h | 24.790 | +0.041% | $111 | $119K | 10x | as long as short |
| Variational Omni KSTR | +0.2307% | 8h | 24.786 | +0.025% | $91K | $2K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
HTX KSTR-USDT
Bybit KSTRUSDT
KuCoin KSTRUSDTM
GRVT KSTR_USDT_Perp
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KSTR_USDT | +0.2423% | 8h | 24.770 | −0.040% | $440K | $79K | 50x | as long as short |
| Binance KSTRUSDT | +0.2431% | 8h | 24.790 | +0.038% | $1.7M | $1.5M | 25x | as long as short |
MEXC KSTR_USDT
Binance KSTRUSDT