Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.6050 | +0.0196 | pay 0.0098% / 4h | 7m 44s | $199K | $131K | 10x | Long edgeX | |
| SHORT | 7.6200 | 0 | 0.0000% / 8h | 7m 44s | $1.8M | $10.7M | 10x | Short Phemex |
Price gap+0.197%
Funding gap−0.0196% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 31 hours. At the last 7 days' pace that is about 14 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$94−0.0196% /8h now · paid −0.941% over the last 7D
Price+$8spread +0.197% now, avg +0.121% → +0.076% if it goes back
Costs−$1061.062% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.197%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKORU on 22 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size29.4 / 24.1 bpAt $10k entering edgeX costs 29.4 bp, fee and slippage, 1.2× Phemex’s.
- Note: Margin at max leverage$1,000 + $1,000edgeX 10x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.88Long edgeX: 6 payments, −$5.88; short Phemex: 3 payments, $0.00.
- OK: Entry gap works for you+0.197% vs +0.121%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$199K vs $1.8M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0448%/8h × 21 periods−$94.08
Price spread+0.197% → +0.121% (7d avg)+$7.62
Slippage, 4 orderslive order books−$85.18
Fee edgeX bp × 2 orders−$9.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$192.64
Costs to cover1.062%Break-evennever at this rate
Slippage: edgeX: live order book, 35 min ago; Phemex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX19.9629.4 bp−$29133.8 bp−$1,338doesn’t fitdoesn’t fit
SELL · SHORTPhemex13.3224.1 bp−$2488.1 bp−$881doesn’t fitdoesn’t fit
Closing costs about the same again.
KORU news
posts that mention KORU or Direxion South Korea Bull 3x, from every exchange| 11-02 05:41 | SoDEX | Other | KORU Perps rose more than 9% on SoDEX. Explore more: @sodex_official on X ↗ |
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| 10-28 04:08 | SoDEX | Other | 🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗ |
| 10-27 12:35 | SoDEX | Other | 🚀 Week 8 of Layer1 Season is in the books. 🔥 SoDEX open interest has climbed to $312M, surpassing the $300M milestone! A huge thank you to everyone trading, growing their squads, and driving SoDEX forward. ❤️ Eight weeks down. Twelve more to go. ⚡ New Bonus: ZEC-USD, NEAR-USD, BRENTOIL-USD, KORU-USD, MCD-USD, NKE-USD, CRWV-USD, CRWD-USD perps to earn 1.2× SoPoints on trading volume! Let's keep the momentum going! 🚀 @sodex_official on X ↗ |
| 10-26 14:16 | SoDEX | Other | 🌍 Get to Know $BRENTOIL & $KORU — Now on SoDEX! 🚀 🛢️ $BRENTOIL | Brent Crude Oil Brent is a major global benchmark for crude oil prices, reflecting international energy supply and demand. 📈 Key price drivers: ▪️ Middle East geopolitical tensions and supply disruptions ▪️ OPEC+ production decisions ▪️ Global economic growth and oil demand 🇰🇷 $KORU | South Korean Equities KORU is a leveraged ETF seeking 3x the daily performance of the MSCI Korea 25/50 Index, offering exposure to South Korea's equity market. 📈 Key price drivers: ▪️ AI and semiconductor demand, particularly Samsung Electronics and SK Hynix ▪️ South Korean economic conditions and monetary policy ▪️ Global tech sentiment and foreign capital flows 🔥 Explore both markets on SoDEX! 🔗 @sodex_official on X ↗ |
| 10-26 14:12 | SoDEX | Listing | 🚀 NEW PERPS LIVE ON SoDEX! 🔥 🛢️ $BRENTOIL — Up to 20x leverage: 🇰🇷 $KORU — Up to 10x leverage: 🔥 What's driving the markets? ▪️ $BRENTOIL: US-Iran tensions and Middle East supply disruptions fuel oil volatility. ▪️ $KORU: South Korean equities face swings amid semiconductor sentiment and broader market volatility. @sodex_official on X ↗ |
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