Funding you earn now, next payment 08:00 UTC+0.0487%/8h= +53.3% APRnext payment +$4.87 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.131%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 7 days+0.139%+$14 · spread now −0.131%, 7d avg −0.014%
=Funding pays, the price is against you. KuCoin is 0.116% cheaper against Bybit than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.014%). If the spread goes back, that is −$12 on $10k: about 19 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.095% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.87 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 | 22.970 | −0.0684 | get 0.0684% / 8h | 5h 05m | $6.5M | $21.7M | 50x |
| Short | KuCoin KORUUSDTM | 22.940 | −0.0197 | pay 0.0197% / 8h | 5h 05m | $436K | $1.0M | 20x |
Bybit KORUUSDT
KuCoin KORUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $102.29
- Price spread: −0.131% → −0.014%
- −$11.64
- Slippage, 4 orders
- −$79.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$11.91
- Costs to cover
- 1.026%
- Break-even
- 7.8 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 9 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 | 2.18 bp | 11.2 bp −$11 | 16.5 bp −$165 | 118.4 bp −$11.8K | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.18 bp | 42.3 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.959 | −0.049% | $41K | $299K | 5x | as long as short |
| Bybit KORUUSDTlong | −0.0684% | 8h | 22.970 | long leg | $6.5M | $21.7M | 50x | |
| GRVT KORU_USDT_Perp | −0.0681% | 8h | 22.928 | −0.182% | $2K | $96K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0597% | 1h | 22.958 | −0.052% | $3.1M | $8.3M | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0430% | 8h | 22.950 | −0.087% | $6.1M | $28.4M | 10x | as long as short |
| Extended KORU-USD | −0.0200% | 1h | 22.952 | −0.079% | $6K | $209K | 5x | as long as short |
| KuCoin KORUUSDTMshort | −0.0197% | 8h | 22.940 | −0.131% | $436K | $1.0M | 20x | |
| Binance KORUUSDT | −0.0197% | 8h | 22.961 | −0.039% | $55.7M | $327.3M | 25x | as long as short |
| MEXC KORU_USD1 | −0.0196% | 8h | 22.960 | −0.044% | $12.1M | $84K | 20x | as long as short |
| Aster KORUUSDT | −0.0073% | 8h | 22.943 | −0.119% | $90K | $289K | 50x | as long as short |
RISEx KORU/USDC
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
OKX KORU-USDT-SWAP
Extended KORU-USD
Binance KORUUSDT
MEXC KORU_USD1
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.945 | −0.109% | $2.6M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.960 | −0.044% | — | $3.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.960 | −0.044% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.940 | −0.131% | $1.6M | $2.4M | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0002% | 1h | 22.910 | −0.261% | $13K | $51K | 5x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.969 | −0.004% | — | — | 10x | as long as short |
| Bitget KORUUSDT | +0.0039% | 8h | 22.939 | −0.135% | $53.3M | $58.6M | 20x | as long as short |
| edgeX KORUUSDC | +0.0183% | 4h | 22.930 | −0.173% | $459K | $311K | 10x | as long as short |
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Ondo Perps KORU-USD.P
Lighter KORU
Bitget KORUUSDT
edgeX KORUUSDC