Funding you earn now, next payment 08:00 UTC+0.1094%/8h= +119.8% APRnext payment +$10.94 per $10,000 · paid last 24h +0.145%
Price spread now: MEXC against KuCoin−0.203%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$709as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7577.572% of the position
Funding, last 7 days+0.480%+$48 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.203%, 7d avg −0.015%
=Funding pays, the price is against you. MEXC is 0.188% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.015%). If the spread goes back, that is −$19 on $10k: about 14 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.480% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.480% in total (about 25.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.94 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 | KuCoin KSTRUSDTM | 24.690 | 0.0655 | pay 0.0655% / 8h | 4h 34m | $27K | $156K | 20x |
| Short | MEXC KSTR_USDT | 24.640 | 0.1749 | get 0.1749% / 8h | 4h 34m | $435K | $81K | 50x |
KuCoin KSTRUSDTM
MEXC KSTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $229.74
- Price spread: −0.203% → −0.015%
- −$18.76
- Slippage, 4 orders
- −$741.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$546.19
- Costs to cover
- 7.572%
- Break-even
- 23.6 days
Slippage from KuCoin: live order book, 40 min ago; MEXC: live order book, 6 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 KuCoin live order book, 40 min ago | 24.18 bp | 316.2 bp −$316 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 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 | 24.622 | −0.275% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.710 | +0.081% | $364K | $356K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.713 | +0.093% | $512K | $281K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.670 | −0.081% | $1.5M | $130K | 10x | as long as short |
| Bybit KSTRUSDT | +0.0043% | 8h | 24.660 | −0.122% | $365K | $419K | 25x | as long as short |
| tradeXYZ xyz:KSTR | +0.0050% | 1h | 24.660 | −0.122% | $19K | $5K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.660 | −0.122% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0434% | 8h | 24.699 | +0.038% | $246 | $113K | 10x | as long as short |
| KuCoin KSTRUSDTMlong | +0.0655% | 8h | 24.690 | long leg | $27K | $156K | 20x | |
| Variational Omni KSTR | +0.1673% | 8h | 24.651 | −0.159% | $98K | $8K | — | as long as short |
Aster KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
Bybit KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.1741% | 8h | 24.649 | −0.168% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDTshort | +0.1749% | 8h | 24.640 | −0.203% | $435K | $81K | 50x |
Binance KSTRUSDT