KORU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Phemex against GRVT−0.374%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1181.184% of the position

Long on GRVT Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.273%−$27 on $10k

Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.374%, 7d avg +0.010%

Together, before fees−0.096%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.385% cheaper against GRVT than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT KORU_USDT_Perp	21.370	0.0100	pay 0.0100% / 8h	7h 38m	$1K	$102K	10x
Short	Phemex KORUUSDT	21.290	0	get 0.0000% / 8h	7h 38m	$1.5M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee PhemexbpOrdersPrice spread, now −0.374%Rate

Funding earned: −$21
Price spread: −0.374% → +0.010%: −$38.48
Slippage, 4 orders: −$97.36
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$177.83
Costs to cover: 1.184%
Break-even: never at this rate

Slippage from GRVT: live order book, 19 min ago; Phemex: 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 GRVT live order book, 19 min ago	7.00 bp	11.5 bp −$12	19.5 bp −$195	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	4.68 bp	45.5 bp −$45	doesn't fit	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	−0.2797%	8h	21.279	−0.426%	$53.5M	$62.3M	20x	as long as short
Aster KORUUSDT	0.0000%	8h	21.285	−0.396%	$64K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.277	−0.435%	$5K	$176K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.287	−0.388%	$49.5M	$381.7M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.280	−0.421%	$6.4M	$23.8M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.300	−0.328%	$6.1M	$29.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.285	−0.399%	$27K	$291K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.274	−0.449%	$2.7M	$3.7M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	21.290	−0.374%	$11.2M	$80K	20x	as long as short
SunX KORU-USDT	0.0000%	8h	21.290	−0.374%	—	$3.2M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX KORU-USDT	0.0000%	8h	21.290	−0.374%	$8K	$21K	20x	as long as short
Phemex KORUUSDTshort	0.0000%	8h	21.290	−0.374%	$1.5M	$2.1M	10x
Lighter KORU	+0.0032%	1h	21.247	−0.576%	—	—	10x	as long as short
tradeXYZ xyz:KORU	+0.0050%	1h	21.240	−0.608%	$3.1M	$10.2M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.270	−0.468%	$11K	$67K	5x	as long as short
KuCoin KORUUSDTM	+0.0076%	8h	21.260	−0.515%	$412K	$886K	20x	as long as short
GRVT KORU_USDT_Perplong	+0.0100%	8h	21.370	long leg	$1K	$102K	10x
edgeX KORUUSDC	+0.0474%	4h	21.308	−0.290%	$427K	$315K	10x	as long as short