KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.2169%/8h= −237.5% APRnext payment −$21.69 per $10,000 · paid last 24h −0.025%

Price spread now: Phemex against Binance+0.040%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1431.435% of the position

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 2 days (all we have)−0.010%−$1 · spread now +0.040%, 7d avg +0.011%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.029% dearer against Binance than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.011%): +$3 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 1 hour. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.69 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	Binance KSTRUSDT	24.750	0.2169	pay 0.2169% / 8h	40m 29s	$1.6M	$1.4M	25x
Short	Phemex KSTRUSDT	24.760	0	get 0.0000% / 8h	40m 29s	$1.5M	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Binance. 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 BinancebpFee PhemexbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$455.49
Price spread: +0.040% → +0.011%: $2.94
Slippage, 4 orders: −$121.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$596.04
Costs to cover: 1.435%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Phemex: live order book, 2 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 Binance live order book, 8 min ago	6.05 bp	14.3 bp −$14	61.2 bp −$612	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	8.08 bp	45.7 bp −$46	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	−0.0707%	1h	24.750	0.000%	$18K	$5K	10x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.820	+0.283%	$365K	$404K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.776	+0.105%	$492K	$168K	20x	as long as short
Phemex KSTRUSDTshort	0.0000%	8h	24.760	+0.040%	$1.5M	$105K	10x
Aster KSTRUSDT	+0.0018%	8h	24.654	−0.388%	$6K	$8K	20x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.790	+0.162%	$8K	$5K	10x	as long as short
Bybit KSTRUSDT	+0.1032%	8h	24.730	−0.081%	$284K	$365K	25x	as long as short
KuCoin KSTRUSDTM	+0.1302%	8h	24.760	+0.040%	$27K	$161K	20x	as long as short
Variational Omni KSTR	+0.2036%	8h	24.772	+0.088%	$91K	$2K	—	as long as short
MEXC KSTR_USDT	+0.2159%	8h	24.740	−0.040%	$440K	$80K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KSTRUSDTlong	+0.2169%	8h	24.750	long leg	$1.6M	$1.4M	25x
GRVT KSTR_USDT_Perp	+0.2408%	8h	24.753	+0.013%	$317	$118K	10x	as long as short