Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$1.72 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.163%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 2 days (all we have)+0.160%+$16 · spread now −0.163%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.119% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.179%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KORUUSDT | 22.887 | 0 | get 0.0000% / 8h | 6h 03m | $55.9M | $327.1M | 25x |
| Short | OKX KORU-USDT-SWAP | 22.850 | −0.0172 | pay 0.0172% / 8h | 6h 03m | $6.2M | $28.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$36.13
- Price spread: −0.163% → −0.045%
- −$11.89
- Slippage, 4 orders
- −$13.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.24
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago | 2.20 bp | 7.2 bp −$7 | 8.4 bp −$84 | 23.7 bp −$2,367 | 82.0 bp −$41.0K |
| Sell OKX live order book, 5 min ago | 2.20 bp | 7.2 bp −$7 | 13.6 bp −$136 | 80.9 bp −$8,092 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.1071% | 1h | 22.837 | −0.220% | $3.1M | $8.0M | 10x | as long as short |
| Bybit KORUUSDT | −0.0951% | 8h | 22.880 | −0.032% | $6.5M | $21.8M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0812% | 8h | 22.758 | −0.564% | $2K | $96K | 10x | as long as short |
| Gate KORU_USDT | −0.0248% | 8h | 22.836 | −0.225% | $2.6M | $3.6M | 25x | as long as short |
| OKX KORU-USDT-SWAPshort | −0.0172% | 8h | 22.850 | −0.163% | $6.2M | $28.6M | 10x | |
| HTX KORU-USDT | −0.0016% | 8h | 22.870 | −0.076% | $8K | $17K | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.822 | −0.284% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.849 | −0.167% | $6K | $211K | 5x | as long as short |
| Binance KORUUSDTlong | 0.0000% | 8h | 22.887 | long leg | $55.9M | $327.1M | 25x | |
| RISEx KORU/USDC | 0.0000% | 1h | 22.816 | −0.314% | $35K | $302K | 5x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KORU_USDT | 0.0000% | 8h | 22.860 | −0.120% | $16.7M | $20.1M | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.832 | −0.242% | $53.1M | $59.3M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.890 | +0.011% | — | $4.1M | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.860 | −0.120% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.898 | +0.046% | — | — | 10x | as long as short |
| KuCoin KORUUSDTM | +0.0035% | 8h | 22.830 | −0.251% | $433K | $1.0M | 20x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.800 | −0.382% | $14K | $46K | 5x | as long as short |
| edgeX KORUUSDC | +0.0432% | 4h | 22.752 | −0.591% | $456K | $309K | 10x | as long as short |
Binance KORUUSDT
OKX KORU-USDT-SWAP
tradeXYZ xyz:KORU
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Gate KORU_USDT
HTX KORU-USDT
Aster KORUUSDT
Extended KORU-USD
RISEx KORU/USDC
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM
edgeX KORUUSDC