Funding you earn now, next payment 00:00 UTC+0.2145%/8h= +234.9% APRnext payment +$21.45 per $10,000 · paid last 24h +0.025%
Price spread now: MEXC against Gate−0.242%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2382.380% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.242%, 7d avg −0.026%
=Funding pays, the price is against you. MEXC is 0.216% cheaper against Gate than usual: you would sell low and buy high (spread −0.242% now, against its 7-day average of −0.026%). If the spread goes back, that is −$22 on $10k: about 8 hours of funding at the current rate (+$64 a day). Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$21.45 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 | Gate KSTR_USDT | 24.800 | 0 | get 0.0000% / 8h | 44m 25s | $365K | $404K | 20x |
| Short | MEXC KSTR_USDT | 24.740 | 0.2145 | get 0.2145% / 8h | 44m 25s | $440K | $79K | 50x |
Gate KSTR_USDT
MEXC KSTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $450.45
- Price spread: −0.242% → −0.026%
- −$21.61
- Slippage, 4 orders
- −$219.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $190.8
- Costs to cover
- 2.380%
- Break-even
- 4.0 days
Slippage from Gate: live order book, 31 min ago; MEXC: live order book, 16 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 Gate live order book, 31 min ago | 8.06 bp | 77.8 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 10.11 bp | 38.1 bp −$38 | 119.8 bp −$1,198 | 212.2 bp −$21.2K | 303.5 bp −$151.7K |
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 | −0.0754% | 1h | 24.750 | −0.202% | $18K | $5K | 10x | as long as short |
| Gate KSTR_USDTlong | 0.0000% | 8h | 24.800 | long leg | $365K | $404K | 20x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.790 | −0.040% | $492K | $168K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.750 | −0.202% | $1.5M | $105K | 10x | as long as short |
| Aster KSTRUSDT | +0.0022% | 8h | 24.654 | −0.588% | $6K | $8K | 20x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.760 | −0.161% | $8K | $5K | 10x | as long as short |
| Bybit KSTRUSDT | +0.1058% | 8h | 24.730 | −0.282% | $284K | $365K | 25x | as long as short |
| KuCoin KSTRUSDTM | +0.1291% | 8h | 24.770 | −0.121% | $27K | $161K | 20x | as long as short |
| Variational Omni KSTR | +0.2036% | 8h | 24.772 | −0.113% | $91K | $2K | — | as long as short |
| MEXC KSTR_USDTshort | +0.2145% | 8h | 24.740 | −0.242% | $440K | $79K | 50x |
tradeXYZ xyz:KSTR
Bitget KSTRUSDT
Phemex KSTRUSDT
Aster KSTRUSDT
HTX KSTR-USDT
Bybit KSTRUSDT
KuCoin KSTRUSDTM
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDT | +0.2150% | 8h | 24.750 | −0.202% | $1.6M | $1.4M | 25x | as long as short |
| GRVT KSTR_USDT_Perp | +0.2425% | 8h | 24.760 | −0.160% | $327 | $118K | 10x | as long as short |
Binance KSTRUSDT
GRVT KSTR_USDT_Perp