Funding you earn now, next payment 08:00 UTC+0.0385%/8h= +42.1% APRnext payment +$3.85 per $10,000 · paid last 24h −0.038%
Price spread now: Binance against Bybit−0.011%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 2 days (all we have)−0.022%−$2 · spread now −0.011%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 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 | Bybit KORUUSDT | 22.720 | −0.0385 | get 0.0385% / 8h | 7h 57m | $6.5M | $22.2M | 50x |
| Short | Binance KORUUSDT | 22.718 | 0 | get 0.0000% / 8h | 7h 57m | $58.0M | $335.1M | 25x |
Bybit KORUUSDT
Binance KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $80.79
- Price spread: −0.011% → +0.001%
- −$1.16
- Slippage, 4 orders
- −$16.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $42.3
- Costs to cover
- 0.373%
- Break-even
- 3.3 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 1 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 Bybit live order book, 1 min ago | 2.20 bp | 11.2 bp −$11 | 18.1 bp −$181 | 116.1 bp −$11.6K | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.20 bp | 7.2 bp −$7 | 9.6 bp −$96 | 28.5 bp −$2,848 | 100.0 bp −$50.0K |
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 | −0.2550% | 1h | 22.703 | −0.075% | $3.2M | $7.4M | 10x | as long as short |
| Gate KORU_USDT | −0.1167% | 8h | 22.685 | −0.154% | $2.8M | $3.2M | 25x | as long as short |
| Bybit KORUUSDTlong | −0.0385% | 8h | 22.720 | long leg | $6.5M | $22.2M | 50x | |
| edgeX KORUUSDC | −0.0220% | 4h | 22.658 | −0.272% | $454K | $305K | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.711 | −0.041% | $82K | $262K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.697 | −0.101% | $19K | $176K | 5x | as long as short |
| Binance KORUUSDTshort | 0.0000% | 8h | 22.718 | −0.011% | $58.0M | $335.1M | 25x | |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.720 | 0.000% | $5.8M | $30.4M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.719 | −0.003% | $31K | $306K | 5x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.700 | −0.088% | $14.3M | $20.5M | 50x | as long as short |
tradeXYZ xyz:KORU
Gate KORU_USDT
edgeX KORUUSDC
Aster KORUUSDT
Extended KORU-USD
OKX KORU-USDT-SWAP
RISEx KORU/USDC
MEXC KORU_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.695 | −0.110% | $52.8M | $70.5M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.690 | −0.132% | — | $4.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.720 | 0.000% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.710 | −0.044% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.699 | −0.092% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.590 | −0.572% | $19K | $13K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.720 | 0.000% | $482K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.750 | +0.132% | $2K | $98K | 10x | as long as short |
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp