Settings8H · net · $10k
Funding arb · Price arb /

KSTR

RWAall KSTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0430%/8h= −47.1% APRnext payment $4.30 per $10,000 · paid last 24h −0.028%
Price spread now: KuCoin against Bybit+0.164%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$766as in the Funding arb table
Net, price: spread back to 7d avg − costs−$741as in the Price arb table
costs, in and out, $10k−$7507.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.157%−$16 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.164%, 7d avg +0.070%
Together, before fees−0.265%−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.094% dearer against Bybit than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.070%): +$9 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.157% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.30 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KSTRUSDT24.4100get 0.0000% / 8h4h 57m$307K$477K25x
ShortKuCoin KSTRUSDTM24.450−0.0430pay 0.0430% / 8h4h 57m$27K$346K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$90.3
Price spread: +0.164% → +0.070%
$9.42
Slippage, 4 orders
−$727.19
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$831.08
Costs to cover
7.502%
Break-even
never at this rate
Slippage from Bybit: live order book, 41 min ago; KuCoin: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 41 min ago2.05 bp79.3 bp −$79219.2 bp −$2,192doesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago28.58 bp276.9 bp −$277doesn't fitdoesn't fitdoesn't fit

KSTR on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KSTRUSDTMshort−0.0430%8h24.450+0.164%$27K$346K20x
Aster KSTRUSDT0.0000%8h24.452+0.173%$6K$8K20xas long as short
Binance KSTRUSDT0.0000%8h24.470+0.246%$1.8M$1.9M25xas long as short
Bybit KSTRUSDTlong0.0000%8h24.410long leg$307K$477K25x
Gate KSTR_USDT0.0000%8h24.480+0.287%$373K$390K20xas long as short
MEXC KSTR_USDT0.0000%8h24.490+0.328%$432K$80K50xas long as short
Bitget KSTRUSDT0.0000%8h24.505+0.389%$523K$243K20xas long as short
Variational Omni KSTR0.0000%8h24.494+0.342%$95K$10Kas long as short
Phemex KSTRUSDT0.0000%8h24.470+0.246%$1.5M$149K10xas long as short
HTX KSTR-USDT+0.0100%8h24.480+0.287%$8K$4K10xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT KSTR_USDT_Perp+0.0312%8h24.508+0.403%$273$106K10xas long as short
tradeXYZ xyz:KSTR+0.1658%1h24.455+0.184%$18K$6K10xas long as short