Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h +0.038%
Price spread now: GRVT against edgeX−0.050%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.050%, 7d avg +0.004%
=Together, before fees+0.087%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.055% cheaper against edgeX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.055% in total) that is about 7.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.055% in total (about 2.8% 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 | 22.542 | −0.0301 | get 0.0150% / 4h | 1h 29m | $451K | $305K | 10x |
| Short | GRVT KORU_USDT_Perp | 22.530 | 0.0100 | get 0.0100% / 8h | 1h 29m | $2K | $107K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $84.15
- Price spread: −0.050% → +0.004%
- −$5.46
- Slippage, 4 orders
- −$36.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $24.04
- Costs to cover
- 0.546%
- Break-even
- 5.0 days
Slippage from edgeX: live order book, 54 min ago; GRVT: live order book, 51 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, 54 min ago | 11.14 bp | 16.0 bp −$16 | 51.2 bp −$512 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 51 min ago | 6.69 bp | 11.2 bp −$11 | 18.9 bp −$189 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KORUUSDClong | −0.0301% | 4h | 22.542 | long leg | $451K | $305K | 10x | |
| tradeXYZ xyz:KORU | −0.0223% | 1h | 22.550 | +0.038% | $3.2M | $8.0M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.522 | −0.087% | $82K | $263K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.571 | +0.129% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.573 | +0.140% | $56.5M | $337.7M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.580 | +0.171% | $6.1M | $22.6M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.570 | +0.126% | $6.0M | $30.9M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.553 | +0.049% | $29K | $311K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.542 | +0.002% | $2.5M | $3.3M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.560 | +0.082% | $13.9M | $20.3M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.564 | +0.100% | $52.7M | $77.1M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.540 | −0.007% | — | $5.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.560 | +0.082% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.560 | +0.082% | $1.6M | $2.5M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.549 | +0.033% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.540 | −0.007% | $19K | $11K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.540 | −0.007% | $482K | $1.2M | 20x | as long as short |
| GRVT KORU_USDT_Perpshort | +0.0100% | 8h | 22.530 | −0.050% | $2K | $107K | 10x |
edgeX KORUUSDC
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM