Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.053%
Price spread now: Phemex against tradeXYZ+0.174%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Phemex is 0.174% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:KSTR | 24.777 | 0.0120 | pay 0.0015% / 1h | 51m 36s | $18K | $4K | 10x |
| Short | Phemex KSTRUSDT | 24.820 | 0 | get 0.0000% / 8h | 5h 51m | $1.5M | $133K | 10x |
tradeXYZ xyz:KSTR
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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
- −$25.3
- Price spread: +0.174% → 0.000%
- $17.35
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$37.95
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: no order-book sample; Phemex: live order book, 1 min ago. 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 tradeXYZ no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 1 min ago | 8.06 bp | 74.9 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
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 | 24.790 | +0.052% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.850 | +0.295% | $363K | $353K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.847 | +0.283% | $514K | $288K | 20x | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.820 | +0.174% | $1.5M | $133K | 10x | |
| HTX KSTR-USDT | +0.0100% | 8h | 24.870 | +0.375% | $8K | $5K | 10x | as long as short |
| tradeXYZ xyz:KSTRlong | +0.0120% | 1h | 24.777 | long leg | $18K | $4K | 10x | |
| Bybit KSTRUSDT | +0.0219% | 8h | 24.820 | +0.174% | $376K | $412K | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0473% | 8h | 24.860 | +0.335% | $358 | $117K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.1284% | 8h | 24.860 | +0.335% | $27K | $157K | 20x | as long as short |
| Variational Omni KSTR | +0.2251% | 8h | 24.876 | +0.399% | $99K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
HTX KSTR-USDT
Bybit KSTRUSDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2259% | 8h | 24.820 | +0.174% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.2270% | 8h | 24.810 | +0.133% | $438K | $80K | 50x | as long as short |
Binance KSTRUSDT
MEXC KSTR_USDT