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: Phemex against Bybit+0.122%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2892.895% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.122%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.076% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSTRUSDT | 24.540 | 0 | get 0.0000% / 8h | 3h 43m | $362K | $423K | 25x |
| Short | Phemex KSTRUSDT | 24.570 | 0 | get 0.0000% / 8h | 3h 43m | $1.5M | $130K | 10x |
Bybit KSTRUSDT
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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: +0.122% → +0.046%
- $7.61
- Slippage, 4 orders
- −$266.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$281.86
- Costs to cover
- 2.895%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Phemex: 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 Bybit live order book, 1 min ago | 6.11 bp | 85.7 bp −$86 | 229.8 bp −$2,298 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 16.30 bp | 59.9 bp −$60 | doesn't fit | 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 | 24.555 | +0.061% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDTlong | 0.0000% | 8h | 24.540 | long leg | $362K | $423K | 25x | |
| Gate KSTR_USDT | 0.0000% | 8h | 24.590 | +0.204% | $362K | $359K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.587 | +0.192% | $520K | $291K | 20x | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.570 | +0.122% | $1.5M | $130K | 10x | |
| KuCoin KSTRUSDTM | +0.0100% | 8h | 24.530 | −0.041% | $27K | $156K | 20x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.540 | 0.000% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0102% | 8h | 24.540 | 0.000% | $539 | $113K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0213% | 1h | 24.649 | +0.444% | $19K | $5K | 10x | as long as short |
| Variational Omni KSTR | +0.1168% | 8h | 24.536 | −0.017% | $97K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
KuCoin KSTRUSDTM
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
tradeXYZ xyz:KSTR
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1180% | 8h | 24.570 | +0.122% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.1196% | 8h | 24.560 | +0.081% | $433K | $80K | 50x | as long as short |
Binance KSTRUSDT
MEXC KSTR_USDT