Funding you earn now, next payment 08:00 UTC−0.0521%/8h= −57.1% APRnext payment −$5.21 per $10,000 · paid last 24h −0.052%
Price spread now: Binance against Bitget+0.145%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.145%, 7d avg +0.019%
=The price spread pays, funding is against you. Binance is 0.126% dearer against Bitget than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.019%): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.014% in total) that is about 2 months.
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 −$5.21 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 | Bitget KORUUSDT | 22.837 | 0.0248 | pay 0.0248% / 8h | 4h 02m | $53.1M | $57.7M | 20x |
| Short | Binance KORUUSDT | 22.870 | −0.0273 | pay 0.0273% / 8h | 4h 02m | $55.2M | $332.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$109.42
- Price spread: +0.145% → +0.019%
- $12.56
- Slippage, 4 orders
- −$13.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$132
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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 Bitget live order book, 2 min ago | 1.31 bp | 10.9 bp −$11 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.17 bp | 7.2 bp −$7 | 9.6 bp −$96 | 23.3 bp −$2,326 | 84.5 bp −$42.3K |
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 | 22.831 | −0.027% | $37K | $301K | 5x | as long as short |
| OKX KORU-USDT-SWAP | −0.0542% | 8h | 22.850 | +0.057% | $6.2M | $28.2M | 10x | as long as short |
| Bybit KORUUSDT | −0.0369% | 8h | 22.870 | +0.145% | $6.7M | $21.9M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0302% | 8h | 23.014 | +0.775% | $2K | $97K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0284% | 1h | 22.838 | +0.004% | $3.2M | $8.7M | 10x | as long as short |
| Binance KORUUSDTshort | −0.0273% | 8h | 22.870 | +0.145% | $55.2M | $332.8M | 25x | |
| MEXC KORU_USDT | −0.0273% | 8h | 22.870 | +0.145% | $14.7M | $21.2M | 50x | as long as short |
| Extended KORU-USD | −0.0272% | 1h | 22.844 | +0.029% | $6K | $204K | 5x | as long as short |
| KuCoin KORUUSDTM | −0.0240% | 8h | 22.860 | +0.101% | $441K | $970K | 20x | as long as short |
| Aster KORUUSDT | −0.0101% | 8h | 22.857 | +0.086% | $90K | $290K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.855 | +0.079% | $2.6M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.860 | +0.101% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.850 | +0.057% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.870 | +0.145% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.859 | +0.096% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.900 | +0.276% | $13K | $51K | 5x | as long as short |
| Bitget KORUUSDTlong | +0.0248% | 8h | 22.837 | long leg | $53.1M | $57.7M | 20x | |
| edgeX KORUUSDC | +0.0778% | 4h | 22.947 | +0.483% | $460K | $312K | 10x | as long as short |
Bitget KORUUSDT
Binance KORUUSDT
RISEx KORU/USDC
OKX KORU-USDT-SWAP
Bybit KORUUSDT
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
MEXC KORU_USDT
Extended KORU-USD
KuCoin KORUUSDTM
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC