Funding you earn now, next payment 08:00 UTC−0.0284%/8h= −31.1% APRnext payment −$2.84 per $10,000 · paid last 24h +0.022%
Price spread now: Bitget against KuCoin+0.044%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1111.105% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.044%, 7d avg +0.015%
=The price spread pays, funding is against you. Bitget is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.015%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.048% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 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 | KuCoin KORUUSDTM | 22.530 | −0.0287 | get 0.0287% / 8h | 2h 52m | $420K | $934K | 20x |
| Short | Bitget KORUUSDT | 22.540 | −0.0571 | pay 0.0571% / 8h | 2h 52m | $53.0M | $59.0M | 20x |
KuCoin KORUUSDTM
Bitget KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$59.64
- Price spread: +0.044% → +0.015%
- $2.92
- Slippage, 4 orders
- −$86.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$167.25
- Costs to cover
- 1.105%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 57 min ago; Bitget: live order book, 2 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 KuCoin live order book, 57 min ago | 2.20 bp | 46.7 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.89 bp | 11.4 bp −$11 | 25.4 bp −$254 | 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 KORUUSDTshort | −0.0571% | 8h | 22.540 | +0.044% | $53.0M | $59.0M | 20x | |
| edgeX KORUUSDC | −0.0551% | 4h | 22.453 | −0.341% | $450K | $313K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0535% | 8h | 22.550 | +0.089% | $6.2M | $28.8M | 10x | as long as short |
| RISEx KORU/USDC | −0.0493% | 1h | 22.525 | −0.024% | $31K | $307K | 5x | as long as short |
| tradeXYZ xyz:KORU | −0.0338% | 1h | 22.550 | +0.089% | $3.2M | $9.2M | 10x | as long as short |
| Binance KORUUSDT | −0.0315% | 8h | 22.581 | +0.226% | $51.9M | $351.8M | 25x | as long as short |
| MEXC KORU_USDT | −0.0314% | 8h | 22.530 | 0.000% | $14.1M | $21.0M | 50x | as long as short |
| Extended KORU-USD | −0.0312% | 1h | 22.529 | −0.003% | $9K | $179K | 5x | as long as short |
| KuCoin KORUUSDTMlong | −0.0287% | 8h | 22.530 | long leg | $420K | $934K | 20x | |
| Bybit KORUUSDT | −0.0207% | 8h | 22.560 | +0.133% | $6.5M | $23.3M | 50x | as long as short |
edgeX KORUUSDC
OKX KORU-USDT-SWAP
RISEx KORU/USDC
tradeXYZ xyz:KORU
Binance KORUUSDT
MEXC KORU_USDT
Extended KORU-USD
Bybit KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KORU_USDT_Perp | −0.0151% | 8h | 22.445 | −0.376% | $2K | $101K | 10x | as long as short |
| Aster KORUUSDT | −0.0124% | 8h | 22.569 | +0.171% | $85K | $296K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.546 | +0.071% | $2.7M | $3.7M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.560 | +0.133% | — | $3.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.520 | −0.044% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.550 | +0.089% | $1.6M | $2.3M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.550 | +0.089% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.500 | −0.133% | $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