KSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0666%/8h= +72.9% APRnext payment +$6.66 per $10,000 · paid last 24h −0.118%

Price spread now: Phemex against KuCoin−0.123%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$729as in the Funding arb table

Net, price: spread back to 7d avg − costs−$772as in the Price arb table

costs, in and out, $10k−$7627.619% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.326%+$33 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.123%, 7d avg −0.024%

Together, before fees+0.324%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.099% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.024%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.326% in total) that is about 2.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.326% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.66 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	KuCoin KSTRUSDTM	24.430	−0.0666	get 0.0666% / 8h	32m 02s	$27K	$150K	20x
Short	Phemex KSTRUSDT	24.400	0	get 0.0000% / 8h	32m 02s	$1.5M	$142K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. 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 KuCoinbpFee PhemexbpOrdersPrice spread, now −0.123%Rate

Funding earned: $139.86
Price spread: −0.123% → −0.024%: −$9.86
Slippage, 4 orders: −$737.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$631.89
Costs to cover: 7.619%
Break-even: 38.6 days

Slippage from KuCoin: live order book, 69 min ago; Phemex: live order book, 1 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 KuCoin live order book, 69 min ago	22.59 bp	344.0 bp −$344	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	4.10 bp	59.4 bp −$59	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
KuCoin KSTRUSDTMlong	−0.0666%	8h	24.430	long leg	$27K	$150K	20x
tradeXYZ xyz:KSTR	−0.0238%	1h	24.395	−0.143%	$19K	$6K	10x	as long as short
Aster KSTRUSDT	0.0000%	8h	24.401	−0.118%	$6K	$8K	20x	as long as short
Binance KSTRUSDT	0.0000%	8h	24.401	−0.119%	$1.8M	$1.8M	25x	as long as short
Bybit KSTRUSDT	0.0000%	8h	24.380	−0.205%	$332K	$511K	25x	as long as short
Gate KSTR_USDT	0.0000%	8h	24.400	−0.123%	$365K	$380K	20x	as long as short
MEXC KSTR_USDT	0.0000%	8h	24.420	−0.041%	$431K	$81K	50x	as long as short
Bitget KSTRUSDT	0.0000%	8h	24.430	0.000%	$524K	$250K	20x	as long as short
Variational Omni KSTR	0.0000%	8h	24.400	−0.122%	$97K	$8K	—	as long as short
Phemex KSTRUSDTshort	0.0000%	8h	24.400	−0.123%	$1.5M	$142K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT KSTR_USDT_Perp	+0.0100%	8h	24.420	−0.040%	$704	$110K	10x	as long as short
HTX KSTR-USDT	+0.0100%	8h	24.300	−0.532%	$8K	$5K	10x	as long as short