Funding you earn now, next payment 00:00 UTC+0.0953%/8h= +104.3% APRnext payment +$9.53 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.403%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$3473.468% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.403%, 7d avg −0.077%
=Funding pays, the price is against you. Bybit is 0.326% cheaper against Gate than usual: you would sell low and buy high (spread −0.403% now, against its 7-day average of −0.077%). If the spread goes back, that is −$33 on $10k: about 27 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.257%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.257% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.53 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 | Gate KSTR_USDT | 24.820 | 0 | get 0.0000% / 8h | 20m 10s | $365K | $405K | 20x |
| Short | Bybit KSTRUSDT | 24.720 | 0.0953 | get 0.0953% / 8h | 20m 10s | $283K | $366K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $200.05
- Price spread: −0.403% → −0.077%
- −$32.56
- Slippage, 4 orders
- −$320.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$179.27
- Costs to cover
- 3.468%
- Break-even
- 13.3 days
Slippage from Gate: live order book, 55 min ago; Bybit: live order book, 49 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 Gate live order book, 55 min ago | 8.06 bp | 77.8 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 49 min ago | 6.06 bp | 78.6 bp −$79 | 222.2 bp −$2,222 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0198% | 1h | 24.745 | −0.302% | $17K | $5K | 10x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.657 | −0.655% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDTlong | 0.0000% | 8h | 24.820 | long leg | $365K | $405K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.790 | −0.121% | $493K | $168K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.750 | −0.282% | $1.5M | $105K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.640 | −0.725% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTshort | +0.0953% | 8h | 24.720 | −0.403% | $283K | $366K | 25x | |
| KuCoin KSTRUSDTM | +0.1363% | 8h | 24.750 | −0.282% | $27K | $161K | 20x | as long as short |
| Variational Omni KSTR | +0.2174% | 8h | 24.752 | −0.274% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDT | +0.2280% | 8h | 24.730 | −0.363% | $439K | $81K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2283% | 8h | 24.750 | −0.282% | $1.6M | $1.4M | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.2439% | 8h | 24.804 | −0.065% | $275 | $118K | 10x | as long as short |
Gate KSTR_USDT
Bybit KSTRUSDT
tradeXYZ xyz:KSTR
Aster KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
HTX KSTR-USDT
KuCoin KSTRUSDTM
Variational Omni KSTR
MEXC KSTR_USDT
Binance KSTRUSDT
GRVT KSTR_USDT_Perp