Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.263%
Price spread now: Phemex against MEXC−0.082%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.082%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.076% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KSTR_USDT | 24.390 | 0 | get 0.0000% / 8h | 1h 40m | $430K | $81K | 50x |
| Short | Phemex KSTRUSDT | 24.370 | 0 | get 0.0000% / 8h | 1h 40m | $1.5M | $141K | 10x |
MEXC KSTR_USDT
Phemex KSTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- $0
- Price spread: −0.082% → −0.006%
- −$7.59
- Slippage, 4 orders
- −$154.78
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$178.37
- Costs to cover
- 1.708%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 51 min ago; Phemex: live order book, 3 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 MEXC live order book, 51 min ago | 10.21 bp | 24.8 bp −$25 | 62.6 bp −$626 | 197.3 bp −$19.7K | doesn't fit |
| Sell Phemex live order book, 3 min ago | 6.15 bp | 53.8 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KSTR | −0.0491% | 1h | 24.414 | +0.098% | $19K | $6K | 10x | as long as short |
| KuCoin KSTRUSDTM | −0.0151% | 8h | 24.410 | +0.082% | $27K | $158K | 20x | as long as short |
| Aster KSTRUSDT | 0.0000% | 8h | 24.376 | −0.057% | $6K | $8K | 20x | as long as short |
| Binance KSTRUSDT | 0.0000% | 8h | 24.370 | −0.082% | $1.8M | $1.8M | 25x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.340 | −0.205% | $331K | $495K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.390 | 0.000% | $358K | $382K | 20x | as long as short |
| MEXC KSTR_USDTlong | 0.0000% | 8h | 24.390 | long leg | $430K | $81K | 50x | |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.391 | +0.004% | $521K | $299K | 20x | as long as short |
| Variational Omni KSTR | 0.0000% | 8h | 24.356 | −0.140% | $97K | $8K | — | as long as short |
| Phemex KSTRUSDTshort | 0.0000% | 8h | 24.370 | −0.082% | $1.5M | $141K | 10x |
tradeXYZ xyz:KSTR
KuCoin KSTRUSDTM
Aster KSTRUSDT
Binance KSTRUSDT
Bybit KSTRUSDT
Gate 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 | 24.420 | +0.123% | $176 | $112K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.400 | +0.041% | $8K | $5K | 10x | as long as short |
GRVT KSTR_USDT_Perp
HTX KSTR-USDT