Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against HTX+0.123%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.123% dearer against HTX than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX KSTR-USDT | 24.310 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $8K | $5K | 10x |
| Short | Phemex KSTRUSDT | 24.340 | 0 | get 0.0000% / 8h | 1h 18m | $1.5M | $141K | 10x |
HTX KSTR-USDT
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$21
- Price spread: +0.123% → 0.000%
- $12.34
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.66
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 8.21 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0916% | 1h | 24.366 | +0.230% | $19K | $6K | 10x | as long as short |
| KuCoin KSTRUSDTM | −0.0435% | 8h | 24.380 | +0.288% | $27K | $158K | 20x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.312 | +0.007% | $6K | $8K | 20x | as long as short |
| Binance KSTRUSDT | 0.0000% | 8h | 24.333 | +0.094% | $1.8M | $1.8M | 25x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.310 | 0.000% | $331K | $499K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.350 | +0.165% | $357K | $387K | 20x | as long as short |
| MEXC KSTR_USDT | 0.0000% | 8h | 24.310 | 0.000% | $429K | $82K | 50x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.354 | +0.181% | $520K | $300K | 20x | as long as short |
| Variational Omni KSTR | 0.0000% | 8h | 24.356 | +0.188% | $97K | $8K | — | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.340 | +0.123% | $1.5M | $141K | 10x |
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
Aster KSTRUSDT
Binance KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
MEXC KSTR_USDT
Bitget KSTRUSDT
Variational Omni KSTRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KSTR_USDT_Perp | +0.0100% | 8h | 24.350 | +0.165% | $547 | $112K | 10x | as long as short |
| HTX KSTR-USDTlong | +0.0100% | 8h | 24.310 | long leg | $8K | $5K | 10x |
GRVT KSTR_USDT_Perp