Funding you earn now, next payment 08:00 UTC+0.0304%/8h= +33.3% APRnext payment +$3.04 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against Binance−0.065%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.065%, 7d avg −0.019%
=Funding pays, the price is against you. Bitget is 0.046% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.019%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.014% in total) that is about 23 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.04 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 | Binance KORUUSDT | 22.960 | −0.0207 | get 0.0207% / 8h | 4h 50m | $55.6M | $326.3M | 25x |
| Short | Bitget KORUUSDT | 22.945 | 0.0097 | get 0.0097% / 8h | 4h 50m | $53.4M | $57.8M | 20x |
Binance KORUUSDT
Bitget KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $63.89
- Price spread: −0.065% → −0.019%
- −$4.65
- Slippage, 4 orders
- −$14.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $22.34
- Costs to cover
- 0.369%
- Break-even
- 4.6 days
Slippage from Binance: live order book, 8 min ago; Bitget: 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 Binance live order book, 8 min ago | 2.17 bp | 7.2 bp −$7 | 10.7 bp −$107 | 26.3 bp −$2,633 | 76.8 bp −$38.4K |
| Sell Bitget live order book, 3 min ago | 0.87 bp | 11.1 bp −$11 | 24.4 bp −$244 | doesn't fit | doesn't fit |
KORU on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.0951% | 1h | 22.962 | +0.007% | $42K | $297K | 5x | as long as short |
| Bybit KORUUSDT | −0.0571% | 8h | 22.960 | 0.000% | $6.8M | $21.6M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0521% | 8h | 22.961 | +0.004% | $2K | $96K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0454% | 8h | 22.930 | −0.131% | $6.2M | $28.0M | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0233% | 1h | 22.976 | +0.070% | $3.1M | $8.3M | 10x | as long as short |
| Extended KORU-USD | −0.0208% | 1h | 22.964 | +0.018% | $7K | $205K | 5x | as long as short |
| Binance KORUUSDTlong | −0.0207% | 8h | 22.960 | long leg | $55.6M | $326.3M | 25x | |
| MEXC KORU_USD1 | −0.0205% | 8h | 22.970 | +0.044% | $12.1M | $82K | 20x | as long as short |
| KuCoin KORUUSDTM | −0.0200% | 8h | 22.990 | +0.131% | $437K | $992K | 20x | as long as short |
| Aster KORUUSDT | −0.0071% | 8h | 22.996 | +0.155% | $91K | $289K | 50x | as long as short |
RISEx KORU/USDC
Bybit KORUUSDT
GRVT KORU_USDT_Perp
OKX KORU-USDT-SWAP
tradeXYZ xyz:KORU
Extended KORU-USD
MEXC KORU_USD1
KuCoin KORUUSDTM
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.978 | +0.078% | $2.6M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.960 | 0.000% | — | $3.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.960 | 0.000% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.950 | −0.044% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.999 | +0.170% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.970 | +0.044% | $13K | $51K | 5x | as long as short |
| Bitget KORUUSDTshort | +0.0097% | 8h | 22.945 | −0.065% | $53.4M | $57.8M | 20x | |
| edgeX KORUUSDC | +0.0796% | 4h | 22.969 | +0.039% | $460K | $311K | 10x | as long as short |
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
edgeX KORUUSDC