Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.046%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.046%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KORUUSDTM | 21.630 | 0.0018 | pay 0.0018% / 8h | 20m 10s | $399K | $892K | 20x |
| Short | Bybit KORUUSDT | 21.620 | 0 | get 0.0000% / 8h | 20m 10s | $6.4M | $24.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$3.78
- Price spread: −0.046% → +0.016%
- −$6.2
- Slippage, 4 orders
- −$71.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.67
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 4.63 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.31 bp | 10.1 bp −$10 | 20.5 bp −$205 | 138.4 bp −$13.8K | 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 | −0.2585% | 8h | 21.634 | +0.018% | $54.3M | $62.4M | 20x | as long as short |
| OKX KORU-USDT-SWAP | −0.0049% | 8h | 21.610 | −0.092% | $6.1M | $29.2M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 21.620 | −0.047% | $64K | $322K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 21.613 | −0.080% | $9K | $181K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 21.619 | −0.049% | $49.8M | $380.5M | 25x | as long as short |
| Bybit KORUUSDTshort | 0.0000% | 8h | 21.620 | −0.046% | $6.4M | $24.5M | 50x | |
| RISEx KORU/USDC | 0.0000% | 1h | 21.621 | −0.042% | $28K | $299K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.640 | +0.046% | $2.6M | $4.2M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 21.630 | 0.000% | $11.7M | $23.0M | 50x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 21.620 | −0.046% | — | $3.3M | 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 | 21.640 | +0.046% | $8K | $20K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 21.610 | −0.092% | $1.5M | $2.2M | 10x | as long as short |
| KuCoin KORUUSDTMlong | +0.0018% | 8h | 21.630 | long leg | $399K | $892K | 20x | |
| Lighter KORU | +0.0032% | 1h | 21.600 | −0.139% | — | — | 10x | as long as short |
| tradeXYZ xyz:KORU | +0.0050% | 1h | 21.600 | −0.139% | $3.1M | $10.3M | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.600 | −0.139% | $11K | $70K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 21.590 | −0.184% | $2K | $103K | 10x | as long as short |
| edgeX KORUUSDC | +0.0544% | 4h | 21.603 | −0.124% | $433K | $315K | 10x | as long as short |
KuCoin KORUUSDTM
Bybit KORUUSDT
Bitget KORUUSDT
OKX KORU-USDT-SWAP
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
tradeXYZ xyz:KORU
GRVT KORU_USDT_Perp
edgeX KORUUSDC