Funding you earn now, next payment 05:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h −0.053%
Price spread now: tradeXYZ against edgeX+0.349%7-day average −0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)−0.504%−$50 · spread now +0.349%, 7d avg −0.117%
=Together, before fees−0.690%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and tradeXYZ is 0.465% dearer against edgeX than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.117%. Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% 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 | 22.306 | −0.0640 | get 0.0320% / 4h | 3h 07m | $447K | $313K | 10x |
| Short | tradeXYZ xyz:KORU | 22.384 | −0.0316 | pay 0.0040% / 1h | 7m 08s | $3.1M | $9.2M | 10x |
edgeX KORUUSDC
tradeXYZ xyz:KORUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $68.03
- Price spread: +0.349% → −0.117%
- $46.54
- Slippage, 4 orders
- −$27.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $60.55
- Costs to cover
- 0.540%
- Break-even
- 0.8 days
Slippage from edgeX: live order book, 46 min ago; tradeXYZ: live order book, 11 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, 46 min ago | 8.76 bp | 15.1 bp −$15 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.22 bp | 12.1 bp −$12 | 22.9 bp −$229 | 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 | −0.0640% | 4h | 22.306 | long leg | $447K | $313K | 10x | |
| OKX KORU-USDT-SWAP | −0.0556% | 8h | 22.390 | +0.376% | $6.2M | $28.3M | 10x | as long as short |
| RISEx KORU/USDC | −0.0513% | 1h | 22.376 | +0.313% | $30K | $305K | 5x | as long as short |
| Bitget KORUUSDT | −0.0325% | 8h | 22.356 | +0.223% | $52.5M | $58.7M | 20x | as long as short |
| tradeXYZ xyz:KORUshort | −0.0316% | 1h | 22.384 | +0.349% | $3.1M | $9.2M | 10x | |
| Binance KORUUSDT | −0.0314% | 8h | 22.373 | +0.302% | $52.6M | $349.7M | 25x | as long as short |
| MEXC KORU_USDT | −0.0314% | 8h | 22.380 | +0.331% | $15.0M | $21.4M | 50x | as long as short |
| Extended KORU-USD | −0.0312% | 1h | 22.354 | +0.215% | $8K | $170K | 5x | as long as short |
| KuCoin KORUUSDTM | −0.0300% | 8h | 22.380 | +0.331% | $418K | $942K | 20x | as long as short |
| Bybit KORUUSDT | −0.0224% | 8h | 22.390 | +0.376% | $6.2M | $22.9M | 50x | as long as short |
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Bitget KORUUSDT
Binance KORUUSDT
MEXC KORU_USDT
Extended KORU-USD
KuCoin KORUUSDTM
Bybit KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KORU_USDT_Perp | −0.0183% | 8h | 22.303 | −0.016% | $2K | $100K | 10x | as long as short |
| Aster KORUUSDT | −0.0132% | 8h | 22.413 | +0.479% | $85K | $294K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.364 | +0.259% | $2.7M | $3.8M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.390 | +0.376% | — | $3.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.370 | +0.286% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.370 | +0.286% | $1.6M | $2.3M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.389 | +0.371% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.310 | +0.017% | $11K | $54K | 5x | as long as short |
GRVT KORU_USDT_Perp
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P