KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1909%/8h= +209.1% APRnext payment +$19.09 per $10,000 · paid last 24h +0.171%

Price spread now: Binance against Bybit+0.002%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1591.592% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.321%+$32 on $10k

Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.002%, 7d avg +0.049%

Together, before fees+0.443%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.049%). If the spread goes back, that is −$5 on $10k: about 2 hours of funding at the current rate (+$57 a day). At the pace of the last 7 days (+0.321% in total) that is about 25 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.321% in total (about 16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.09 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	Bybit KSTRUSDT	24.770	0.0224	pay 0.0224% / 8h	5h 29m	$375K	$411K	25x
Short	Binance KSTRUSDT	24.771	0.2133	get 0.2133% / 8h	5h 29m	$1.8M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.002%Rate

Funding earned: $400.94
Price spread: +0.002% → +0.049%: −$4.72
Slippage, 4 orders: −$138.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $237
Costs to cover: 1.592%
Break-even: 2.9 days

Slippage from Bybit: live order book, 25 min ago; Binance: live order book, 4 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 Bybit live order book, 25 min ago	10.04 bp	24.4 bp −$24	194.6 bp −$1,946	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.02 bp	25.2 bp −$25	90.1 bp −$901	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
Aster KSTRUSDT	0.0000%	8h	24.721	−0.197%	$6K	$8K	20x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.800	+0.121%	$363K	$358K	20x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.792	+0.089%	$513K	$288K	20x	as long as short
Phemex KSTRUSDT	0.0000%	8h	24.780	+0.040%	$1.5M	$134K	10x	as long as short
tradeXYZ xyz:KSTR	+0.0050%	1h	24.753	−0.069%	$18K	$4K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.780	+0.040%	$8K	$5K	10x	as long as short
Bybit KSTRUSDTlong	+0.0224%	8h	24.770	long leg	$375K	$411K	25x
GRVT KSTR_USDT_Perp	+0.0519%	8h	24.780	+0.040%	$244	$116K	10x	as long as short
KuCoin KSTRUSDTM	+0.1108%	8h	24.770	0.000%	$27K	$156K	20x	as long as short
Variational Omni KSTR	+0.2057%	8h	24.770	0.000%	$98K	$8K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KSTRUSDTshort	+0.2133%	8h	24.771	+0.002%	$1.8M	$1.7M	25x
MEXC KSTR_USDT	+0.2148%	8h	24.780	+0.040%	$437K	$81K	50x	as long as short