Funding you earn now, next payment 16:00 UTC+0.2928%/8h= +320.6% APRnext payment +$29.28 per $10,000 · paid last 24h +0.315%
Price spread now: KuCoin against Bitget−0.037%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.037%, 7d avg −0.017%
=Funding pays, the price is against you. KuCoin is 0.021% cheaper against Bitget than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.017%). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$88 a day). At the pace of the last 7 days (+0.210% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$29.28 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 | 21.348 | −0.2879 | get 0.2879% / 8h | 7h 46m | $53.6M | $62.3M | 20x |
| Short | KuCoin KORUUSDTM | 21.340 | 0.0049 | get 0.0049% / 8h | 7h 46m | $414K | $888K | 20x |
Bitget KORUUSDT
KuCoin KORUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $614.88
- Price spread: −0.037% → −0.017%
- −$2.06
- Slippage, 4 orders
- −$71.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $517.52
- Costs to cover
- 0.953%
- Break-even
- 1.1 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 38 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 | 0.93 bp | 9.7 bp −$10 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 4.63 bp | 36.9 bp −$37 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDTlong | −0.2879% | 8h | 21.348 | long leg | $53.6M | $62.3M | 20x | |
| Aster KORUUSDT | 0.0000% | 8h | 21.369 | +0.098% | $64K | $323K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 21.354 | +0.030% | $5K | $182K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 21.351 | +0.012% | $49.7M | $382.9M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 21.350 | +0.009% | $6.4M | $23.8M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 21.360 | +0.056% | $6.0M | $29.3M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 21.400 | +0.244% | $28K | $292K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.353 | +0.023% | $2.7M | $3.7M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 21.350 | +0.009% | $13.6M | $23.0M | 50x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 21.360 | +0.056% | — | $3.2M | 10x | as long as short |
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
SunX KORU-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX KORU-USDT | 0.0000% | 8h | 21.410 | +0.290% | $8K | $21K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 21.360 | +0.056% | $1.5M | $2.1M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 21.342 | −0.028% | — | — | 10x | as long as short |
| KuCoin KORUUSDTMshort | +0.0049% | 8h | 21.340 | −0.037% | $414K | $888K | 20x | |
| tradeXYZ xyz:KORU | +0.0050% | 1h | 21.342 | −0.028% | $3.1M | $10.3M | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.390 | +0.197% | $11K | $68K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 21.407 | +0.278% | $1K | $103K | 10x | as long as short |
| edgeX KORUUSDC | +0.0841% | 4h | 21.411 | +0.294% | $429K | $316K | 10x | as long as short |
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
tradeXYZ xyz:KORU
Ondo Perps KORU-USD.P
GRVT KORU_USDT_Perp
edgeX KORUUSDC