Funding you earn now, next payment 08:00 UTC+0.0910%/8h= +99.6% APRnext payment +$9.10 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against Bybit−0.157%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.179%+$18 · spread now −0.157%, 7d avg +0.002%
=Funding pays, the price is against you. Bitget is 0.159% cheaper against Bybit than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of +0.002%). If the spread goes back, that is −$16 on $10k: about 14 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.048% in total) that is about 23 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.10 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 | 22.870 | −0.0910 | get 0.0910% / 8h | 5h 40m | $6.5M | $21.7M | 50x |
| Short | Bitget KORUUSDT | 22.834 | 0 | get 0.0000% / 8h | 5h 40m | $53.1M | $58.5M | 20x |
Bybit KORUUSDT
Bitget KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $191
- Price spread: −0.157% → +0.002%
- −$15.92
- Slippage, 4 orders
- −$17.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $134.95
- Costs to cover
- 0.401%
- Break-even
- 2.1 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 2.19 bp | 8.7 bp −$9 | 15.2 bp −$152 | 109.5 bp −$10.9K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.88 bp | 9.8 bp −$10 | 26.0 bp −$260 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.854 | −0.072% | $36K | $303K | 5x | as long as short |
| GRVT KORU_USDT_Perp | −0.0913% | 8h | 22.832 | −0.168% | $1K | $97K | 10x | as long as short |
| Bybit KORUUSDTlong | −0.0910% | 8h | 22.870 | long leg | $6.5M | $21.7M | 50x | |
| tradeXYZ xyz:KORU | −0.0888% | 1h | 22.849 | −0.092% | $3.1M | $8.2M | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0342% | 8h | 22.850 | −0.087% | $6.1M | $28.5M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0111% | 8h | 22.840 | −0.131% | $434K | $1.0M | 20x | as long as short |
| Ondo Perps KORU-USD.P | −0.0099% | 1h | 22.830 | −0.175% | $13K | $50K | 5x | as long as short |
| Binance KORUUSDT | −0.0081% | 8h | 22.860 | −0.044% | $55.8M | $326.2M | 25x | as long as short |
| Extended KORU-USD | −0.0080% | 1h | 22.853 | −0.072% | $7K | $211K | 5x | as long as short |
| HTX KORU-USDT | −0.0077% | 8h | 22.840 | −0.131% | $8K | $17K | 10x | as long as short |
RISEx KORU/USDC
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
Ondo Perps KORU-USD.P
Binance KORUUSDT
Extended KORU-USD
HTX KORU-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KORU_USDT | −0.0076% | 8h | 22.850 | −0.087% | $16.6M | $19.6M | 50x | as long as short |
| Gate KORU_USDT | −0.0074% | 8h | 22.845 | −0.109% | $2.6M | $3.6M | 25x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.858 | −0.054% | $90K | $288K | 50x | as long as short |
| Bitget KORUUSDTshort | 0.0000% | 8h | 22.834 | −0.157% | $53.1M | $58.5M | 20x | |
| SunX KORU-USDT | 0.0000% | 8h | 22.900 | +0.131% | — | $4.0M | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.830 | −0.175% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.870 | 0.000% | — | — | 10x | as long as short |
| edgeX KORUUSDC | +0.0385% | 4h | 22.833 | −0.164% | $457K | $309K | 10x | as long as short |
MEXC KORU_USDT
Gate KORU_USDT
Aster KORUUSDT
SunX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC