KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.2701%/8h= +295.8% APRnext payment +$27.01 per $10,000 · paid last 24h +0.263%

Price spread now: MEXC against Phemex−0.040%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1321.321% of the position

Long on Phemex Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.040%, 7d avg +0.004%

Together, before fees+0.294%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.044% cheaper against Phemex than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.004%). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$81 a day). At the pace of the last 7 days (+0.154% in total) that is about 2.0 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 +$27.01 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	Phemex KSTRUSDT	24.860	0	get 0.0000% / 8h	6h 56m	$1.5M	$118K	10x
Short	MEXC KSTR_USDT	24.850	0.2701	get 0.2701% / 8h	6h 56m	$441K	$79K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee MEXCbpOrdersPrice spread, now −0.040%Rate

Funding earned: $567.21
Price spread: −0.040% → +0.004%: −$4.41
Slippage, 4 orders: −$116.12
Fee Phemex: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $430.68
Costs to cover: 1.321%
Break-even: 1.7 days

Slippage from Phemex: live order book, 1 min ago; MEXC: live order book, 59 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 Phemex live order book, 1 min ago	6.03 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 59 min ago	12.10 bp	30.4 bp −$30	88.9 bp −$889	209.1 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	24.734	−0.507%	$6K	$8K	20x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.890	+0.121%	$365K	$339K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.871	+0.044%	$512K	$183K	20x	as long as short
Phemex KSTRUSDTlong	0.0000%	8h	24.860	long leg	$1.5M	$118K	10x
HTX KSTR-USDT	+0.0100%	8h	24.780	−0.322%	$8K	$5K	10x	as long as short
tradeXYZ xyz:KSTR	+0.0875%	1h	24.805	−0.221%	$18K	$6K	10x	as long as short
KuCoin KSTRUSDTM	+0.1646%	8h	24.840	−0.080%	$27K	$158K	20x	as long as short
Bybit KSTRUSDT	+0.1722%	8h	24.880	+0.080%	$315K	$384K	25x	as long as short
GRVT KSTR_USDT_Perp	+0.2385%	8h	24.850	−0.040%	$277	$114K	10x	as long as short
Variational Omni KSTR	+0.2633%	8h	24.851	−0.036%	$91K	$2K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KSTR_USDTshort	+0.2701%	8h	24.850	−0.040%	$441K	$79K	50x
Binance KSTRUSDT	+0.2720%	8h	24.860	0.000%	$1.7M	$1.5M	25x	as long as short