Funding you earn now, next payment 08:00 UTC−0.0912%/8h= −99.9% APRnext payment −$9.12 per $10,000 · paid last 24h −0.263%
Price spread now: Gate against MEXC+0.163%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2462.458% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.163%, 7d avg +0.031%
=The price spread pays, funding is against you. Gate is 0.132% dearer against MEXC than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.031%): +$13 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.154% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.12 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 | MEXC KSTR_USDT | 24.500 | 0.0912 | pay 0.0912% / 8h | 3h 18m | $432K | $82K | 50x |
| Short | Gate KSTR_USDT | 24.540 | 0 | get 0.0000% / 8h | 3h 18m | $362K | $362K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$191.52
- Price spread: +0.163% → +0.031%
- $13.2
- Slippage, 4 orders
- −$226.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$424.1
- Costs to cover
- 2.458%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 17 min ago; Gate: live order book, 32 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 MEXC live order book, 17 min ago | 6.11 bp | 22.4 bp −$22 | 93.8 bp −$938 | 211.6 bp −$21.2K | doesn't fit |
| Sell Gate live order book, 32 min ago | 8.12 bp | 122.0 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0050% | 1h | 24.518 | +0.073% | $19K | $6K | 10x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.483 | −0.069% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.510 | +0.041% | $362K | $424K | 25x | as long as short |
| Gate KSTR_USDTshort | 0.0000% | 8h | 24.540 | +0.163% | $362K | $362K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.555 | +0.224% | $521K | $294K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.500 | 0.000% | $1.5M | $132K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0100% | 8h | 24.550 | +0.204% | $27K | $156K | 20x | as long as short |
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.554 | +0.219% | $231 | $113K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.550 | +0.204% | $8K | $5K | 10x | as long as short |
| Binance KSTRUSDT | +0.0906% | 8h | 24.500 | 0.000% | $1.8M | $1.7M | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KSTR_USDTlong | +0.0912% | 8h | 24.500 | long leg | $432K | $82K | 50x | |
| Variational Omni KSTR | +0.0920% | 8h | 24.516 | +0.064% | $98K | $8K | — | as long as short |
MEXC KSTR_USDT
Gate KSTR_USDT
tradeXYZ xyz:KSTR
Aster KSTRUSDT
Bybit KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
KuCoin KSTRUSDTM
GRVT KSTR_USDT_Perp
HTX KSTR-USDT
Binance KSTRUSDT
Variational Omni KSTR