Funding you earn now, next payment 08:00 UTC−0.0734%/8h= −80.3% APRpaid last 24h −0.059%
Price spread now: edgeX against GRVT−0.026%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.026%, 7d avg −0.005%
=Together, before fees−0.037%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and edgeX is 0.021% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.0% 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 | GRVT KORU_USDT_Perp | 22.030 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $1K | $104K | 10x |
| Short | edgeX KORUUSDC | 22.024 | −0.0634 | pay 0.0317% / 4h | 1h 31m | $442K | $315K | 10x |
GRVT KORU_USDT_Perp
edgeX KORUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$154.09
- Price spread: −0.026% → −0.005%
- −$2.15
- Slippage, 4 orders
- −$34.47
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$208.71
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 37 min ago; edgeX: live order book, 12 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, 37 min ago | 6.72 bp | 11.2 bp −$11 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 9.06 bp | 15.6 bp −$16 | 63.8 bp −$638 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.1716% | 8h | 22.019 | −0.050% | $54.0M | $62.1M | 20x | as long as short |
| edgeX KORUUSDCshort | −0.0634% | 4h | 22.024 | −0.026% | $442K | $315K | 10x | |
| OKX KORU-USDT-SWAP | −0.0330% | 8h | 22.000 | −0.136% | $6.0M | $30.2M | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0204% | 1h | 21.992 | −0.172% | $3.3M | $10.1M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0178% | 8h | 22.000 | −0.136% | $405K | $905K | 20x | as long as short |
| Binance KORUUSDT | −0.0088% | 8h | 22.015 | −0.068% | $49.4M | $376.5M | 25x | as long as short |
| Extended KORU-USD | −0.0088% | 1h | 22.013 | −0.076% | $7K | $177K | 5x | as long as short |
| MEXC KORU_USD1 | −0.0086% | 8h | 22.020 | −0.045% | $11.6M | $83K | 20x | as long as short |
| Bybit KORUUSDT | −0.0022% | 8h | 22.000 | −0.136% | $6.3M | $24.6M | 50x | as long as short |
| Aster KORUUSDT | −0.0021% | 8h | 22.026 | −0.019% | $65K | $323K | 50x | as long as short |
Bitget KORUUSDT
OKX KORU-USDT-SWAP
tradeXYZ xyz:KORU
KuCoin KORUUSDTM
Binance KORUUSDT
Extended KORU-USD
MEXC KORU_USD1
Bybit KORUUSDT
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | 0.0000% | 1h | 22.002 | −0.125% | $28K | $307K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.992 | −0.172% | $2.2M | $4.0M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 21.990 | −0.182% | — | $3.5M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.010 | −0.091% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.000 | −0.136% | $1.6M | $2.3M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.019 | −0.050% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.980 | −0.227% | $11K | $69K | 5x | as long as short |
| GRVT KORU_USDT_Perplong | +0.0100% | 8h | 22.030 | long leg | $1K | $104K | 10x |
RISEx KORU/USDC
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P