Funding you earn now, next payment 00:00 UTC+0.0405%/8h= +44.3% APRpaid last 24h +0.087%
Price spread now: Bybit against edgeX+0.042%71s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.504% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.042%, 7d avg +0.015%
=Together, before fees−0.093%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.027% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment. 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 | edgeX KORUUSDC | 22.541 | −0.0405 | get 0.0202% / 4h | 1h 34m | $451K | $304K | 10x |
| Short | Bybit KORUUSDT | 22.550 | 0 | get 0.0000% / 8h | 1h 34m | $6.1M | $22.6M | 50x |
edgeX KORUUSDC
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $84.96
- Price spread: +0.042% → +0.015%
- $2.71
- Slippage, 4 orders
- −$30.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $37.24
- Costs to cover
- 0.504%
- Break-even
- 3.9 days
Slippage from edgeX: live order book, 49 min ago; Bybit: live order book, 4 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 edgeX live order book, 49 min ago | 11.14 bp | 16.0 bp −$16 | 51.2 bp −$512 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.22 bp | 10.4 bp −$10 | 22.1 bp −$221 | 133.8 bp −$13.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KORUUSDClong | −0.0405% | 4h | 22.541 | long leg | $451K | $304K | 10x | |
| tradeXYZ xyz:KORU | −0.0212% | 1h | 22.522 | −0.082% | $3.2M | $8.0M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.519 | −0.097% | $82K | $263K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.542 | +0.006% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.546 | +0.023% | $56.5M | $337.8M | 25x | as long as short |
| Bybit KORUUSDTshort | 0.0000% | 8h | 22.550 | +0.042% | $6.1M | $22.6M | 50x | |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.540 | −0.003% | $6.0M | $30.8M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.541 | +0.002% | $28K | $311K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.534 | −0.029% | $2.5M | $3.3M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.540 | −0.003% | $13.9M | $20.3M | 50x | as long as short |
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
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 | 22.538 | −0.011% | $52.6M | $77.5M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.540 | −0.003% | — | $5.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.560 | +0.086% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.550 | +0.042% | $1.6M | $2.5M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.539 | −0.007% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.510 | −0.136% | $19K | $11K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.530 | −0.047% | $485K | $1.2M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.528 | −0.056% | $2K | $108K | 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