Funding you earn now, next payment 08:00 UTC−0.0291%/8h= −31.9% APRnext payment −$2.91 per $10,000 · paid last 24h −0.092%
Price spread now: Gate against Bybit+0.243%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3313.308% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.243%, 7d avg +0.079%
=The price spread pays, funding is against you. Gate is 0.164% dearer against Bybit than usual: you sell high and buy low (spread +0.243% now, against its 7-day average of +0.079%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.165%, 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 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.91 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 | 24.730 | 0.0291 | pay 0.0291% / 8h | 5h 05m | $367K | $413K | 25x |
| Short | Gate KSTR_USDT | 24.790 | 0 | get 0.0000% / 8h | 5h 05m | $363K | $361K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$61.2
- Price spread: +0.243% → +0.079%
- $16.38
- Slippage, 4 orders
- −$304.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$375.63
- Costs to cover
- 3.308%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; Gate: live order book, 55 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, 50 min ago | 10.04 bp | 24.4 bp −$24 | 194.6 bp −$1,946 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 10.05 bp | 109.4 bp −$109 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster KSTRUSDT | 0.0000% | 8h | 24.719 | −0.045% | $6K | $8K | 20x | as long as short |
| Gate KSTR_USDTshort | 0.0000% | 8h | 24.790 | +0.243% | $363K | $361K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.788 | +0.235% | $513K | $287K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.730 | 0.000% | $1.5M | $128K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0050% | 1h | 24.735 | +0.020% | $18K | $4K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.780 | +0.202% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDTlong | +0.0291% | 8h | 24.730 | long leg | $367K | $413K | 25x | |
| GRVT KSTR_USDT_Perp | +0.0779% | 8h | 24.804 | +0.299% | $417 | $114K | 10x | as long as short |
| KuCoin KSTRUSDTM | +0.0953% | 8h | 24.760 | +0.121% | $27K | $157K | 20x | as long as short |
| Variational Omni KSTR | +0.1954% | 8h | 24.775 | +0.183% | $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 KSTRUSDT | +0.2061% | 8h | 24.703 | −0.109% | $1.8M | $1.7M | 25x | as long as short |
| MEXC KSTR_USDT | +0.2066% | 8h | 24.710 | −0.081% | $436K | $82K | 50x | as long as short |
Bybit KSTRUSDT
Gate KSTR_USDT
Aster KSTRUSDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
GRVT KSTR_USDT_Perp
KuCoin KSTRUSDTM
Variational Omni KSTR
Binance KSTRUSDT
MEXC KSTR_USDT