Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.048%
Price spread now: Bybit against GRVT+0.104%70s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$420.421% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.104%, 7d avg +0.014%
=Together, before fees−0.166%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.090% dearer against GRVT than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.014%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.012% in total) that is about 51 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT KORU_USDT_Perp | 22.726 | 0.0100 | pay 0.0100% / 8h | 0m 24s | $2K | $99K | 10x |
| Short | Bybit KORUUSDT | 22.750 | 0 | get 0.0000% / 8h | 0m 24s | $6.2M | $22.2M | 50x |
GRVT KORU_USDT_Perp
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GRVT. 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
- −$21
- Price spread: +0.104% → +0.014%
- $9
- Slippage, 4 orders
- −$22.1
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.1
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 11 min ago; Bybit: live order book, 8 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 GRVT live order book, 11 min ago | 6.59 bp | 11.1 bp −$11 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 8 min ago | 2.20 bp | 10.8 bp −$11 | 21.9 bp −$219 | 136.6 bp −$13.7K | 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 KORUUSDC | −0.0339% | 4h | 22.704 | −0.098% | $454K | $307K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0113% | 1h | 22.739 | +0.055% | $3.2M | $7.3M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.733 | +0.028% | $82K | $260K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.754 | +0.123% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.750 | +0.104% | $57.4M | $334.6M | 25x | as long as short |
| Bybit KORUUSDTshort | 0.0000% | 8h | 22.750 | +0.104% | $6.2M | $22.2M | 50x | |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.750 | +0.104% | $5.9M | $30.8M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.760 | +0.148% | $31K | $307K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.739 | +0.055% | $2.8M | $3.3M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.750 | +0.104% | $14.2M | $20.4M | 50x | as long as short |
edgeX KORUUSDC
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 | 22.742 | +0.068% | $52.7M | $71.7M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.710 | −0.072% | — | $4.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.740 | +0.060% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.760 | +0.148% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.729 | +0.011% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.680 | −0.204% | $19K | $12K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.740 | +0.060% | $482K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perplong | +0.0100% | 8h | 22.726 | long leg | $2K | $99K | 10x |
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM