Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance−0.127%52s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.127%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.154% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KORUUSDT | 22.198 | 0 | get 0.0000% / 8h | 4h 09m | $47.2M | $425.0M | 25x |
| Short | Phemex KORUUSDT | 22.170 | 0 | get 0.0000% / 8h | 4h 09m | $1.6M | $2.1M | 10x |
Binance KORUUSDT
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.127% → +0.027%
- −$15.39
- Slippage, 4 orders
- −$94.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$132.27
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Phemex: live order book, 2 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, 13 min ago | 2.25 bp | 7.2 bp −$7 | 8.9 bp −$89 | 23.8 bp −$2,379 | 83.2 bp −$41.6K |
| Sell Phemex live order book, 2 min ago | 6.76 bp | 46.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
KORU on 18 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.0914% | 8h | 22.193 | −0.024% | $51.9M | $81.8M | 20x | as long as short |
| edgeX KORUUSDC | −0.0732% | 4h | 22.216 | +0.080% | $445K | $317K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0071% | 1h | 22.189 | −0.042% | $3.3M | $10.5M | 10x | as long as short |
| RISEx KORU/USDC | −0.0037% | 1h | 22.195 | −0.015% | $35K | $334K | 5x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.211 | +0.058% | $57K | $328K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.192 | −0.030% | $8K | $173K | 5x | as long as short |
| Binance KORUUSDTlong | 0.0000% | 8h | 22.198 | long leg | $47.2M | $425.0M | 25x | |
| Bybit KORUUSDT | 0.0000% | 8h | 22.200 | +0.008% | $5.7M | $28.1M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.190 | −0.037% | $6.2M | $37.3M | 10x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.190 | −0.037% | $2.4M | $4.7M | 25x | as long as short |
Bitget KORUUSDT
edgeX KORUUSDC
tradeXYZ xyz:KORU
RISEx KORU/USDC
Aster KORUUSDT
Extended KORU-USD
Bybit KORUUSDT
OKX KORU-USDT-SWAP
Gate KORU_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KORU_USDT | 0.0000% | 8h | 22.190 | −0.037% | $15.7M | $27.0M | 50x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.190 | −0.037% | — | $2.5M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.190 | −0.037% | $8K | $21K | 20x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.170 | −0.127% | $1.6M | $2.1M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.195 | −0.015% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.170 | −0.127% | $13K | $73K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.200 | +0.008% | $409K | $822K | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.204 | +0.025% | $2K | $95K | 10x | as long as short |
MEXC KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp