Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRnext payment −$1.48 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.132%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$910.907% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.132%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KORUUSDTM | 22.740 | 0.0100 | pay 0.0100% / 8h | 6h 15m | $432K | $1.0M | 20x |
| Short | OKX KORU-USDT-SWAP | 22.710 | −0.0048 | pay 0.0048% / 8h | 6h 15m | $6.1M | $28.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$31.12
- Price spread: −0.132% → −0.008%
- −$12.43
- Slippage, 4 orders
- −$68.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$134.2
- Costs to cover
- 0.907%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: 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 | 4.42 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.20 bp | 10.8 bp −$11 | 15.7 bp −$157 | 81.3 bp −$8,127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0949% | 1h | 22.727 | −0.057% | $3.2M | $7.9M | 10x | as long as short |
| Bybit KORUUSDT | −0.0770% | 8h | 22.760 | +0.088% | $6.5M | $21.9M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0591% | 8h | 22.679 | −0.267% | $2K | $95K | 10x | as long as short |
| Gate KORU_USDT | −0.0185% | 8h | 22.722 | −0.079% | $2.6M | $3.6M | 25x | as long as short |
| OKX KORU-USDT-SWAPshort | −0.0048% | 8h | 22.710 | −0.132% | $6.1M | $28.5M | 10x | |
| Aster KORUUSDT | 0.0000% | 8h | 22.782 | +0.187% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.717 | −0.102% | $6K | $211K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.733 | −0.031% | $55.5M | $328.2M | 25x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.736 | −0.016% | $36K | $303K | 5x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.730 | −0.044% | $14.7M | $19.9M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.704 | −0.158% | $52.9M | $60.0M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.770 | +0.132% | — | $4.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.700 | −0.176% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.700 | −0.176% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.802 | +0.273% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.750 | +0.044% | $16K | $43K | 5x | as long as short |
| KuCoin KORUUSDTMlong | +0.0100% | 8h | 22.740 | long leg | $432K | $1.0M | 20x | |
| edgeX KORUUSDC | +0.0549% | 4h | 22.668 | −0.318% | $454K | $310K | 10x | as long as short |
KuCoin KORUUSDTM
OKX KORU-USDT-SWAP
tradeXYZ xyz:KORU
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Gate KORU_USDT
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
RISEx KORU/USDC
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC