Funding you earn now, next payment 08:00 UTC−0.0590%/8h= −64.6% APRnext payment −$5.90 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.145%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now −0.145%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bybit is 0.158% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.185%, so the current rate has only just turned against you.
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; at this rate the next one is about −$5.90 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 | Gate KORU_USDT | 22.753 | −0.0106 | get 0.0106% / 8h | 6h 28m | $2.6M | $3.5M | 25x |
| Short | Bybit KORUUSDT | 22.720 | −0.0696 | pay 0.0696% / 8h | 6h 28m | $6.4M | $22.0M | 50x |
Gate KORU_USDT
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- −$123.9
- Price spread: −0.145% → +0.013%
- −$15.84
- Slippage, 4 orders
- −$24.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$190
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 5 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 Gate live order book, 4 min ago | 2.42 bp | 11.3 bp −$11 | 27.5 bp −$275 | 36.6 bp −$3,664 | 54.8 bp −$27.4K |
| Sell Bybit live order book, 5 min ago | 2.20 bp | 8.1 bp −$8 | 16.9 bp −$169 | 126.0 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0899% | 1h | 22.743 | −0.044% | $3.3M | $7.9M | 10x | as long as short |
| Bybit KORUUSDTshort | −0.0696% | 8h | 22.720 | −0.145% | $6.4M | $22.0M | 50x | |
| GRVT KORU_USDT_Perp | −0.0371% | 8h | 22.692 | −0.267% | $2K | $95K | 10x | as long as short |
| Gate KORU_USDTlong | −0.0106% | 8h | 22.753 | long leg | $2.6M | $3.5M | 25x | |
| Aster KORUUSDT | 0.0000% | 8h | 22.815 | +0.274% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.724 | −0.128% | $7K | $207K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.730 | −0.101% | $55.6M | $329.1M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.720 | −0.145% | $6.1M | $28.7M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.764 | +0.048% | $37K | $303K | 5x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.740 | −0.057% | $14.7M | $19.8M | 50x | as long as short |
tradeXYZ xyz:KORU
GRVT KORU_USDT_Perp
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
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 | 22.724 | −0.127% | $53.0M | $62.1M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.770 | +0.075% | — | $4.2M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.720 | −0.145% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.720 | −0.145% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.809 | +0.246% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.780 | +0.119% | $17K | $40K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.750 | −0.013% | $432K | $1.0M | 20x | as long as short |
| edgeX KORUUSDC | +0.0510% | 4h | 22.717 | −0.158% | $455K | $310K | 10x | as long as short |
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
edgeX KORUUSDC