Funding you earn now, next payment 04:00 UTC−0.0746%/8h= −81.7% APRpaid last 24h −0.053%
Price spread now: RISEx against KuCoin−0.048%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 4 days (all we have)−0.101%−$10 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.048%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and RISEx is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.101% in total (about -10.4% 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 | KuCoin KORUUSDTM | 23.020 | −0.0205 | get 0.0205% / 8h | 4h 36m | $443K | $984K | 20x |
| Short | RISEx KORU/USDC | 23.009 | −0.0951 | pay 0.0119% / 1h | 36m 19s | $40K | $300K | 5x |
KuCoin KORUUSDTM
RISEx KORU/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$156.65
- Price spread: −0.048% → +0.024%
- −$7.22
- Slippage, 4 orders
- −$65.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$247.25
- Costs to cover
- 0.834%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; RISEx: live order book, 22 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, 18 min ago | 4.35 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 22 min ago | 2.39 bp | 5.4 bp −$5 | 10.0 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDCshort | −0.0951% | 1h | 23.009 | −0.048% | $40K | $300K | 5x | |
| Bybit KORUUSDT | −0.0502% | 8h | 23.040 | +0.087% | $6.8M | $21.7M | 50x | as long as short |
| OKX KORU-USDT-SWAP | −0.0496% | 8h | 23.020 | 0.000% | $6.2M | $28.2M | 10x | as long as short |
| GRVT KORU_USDT_Perp | −0.0481% | 8h | 23.031 | +0.049% | $1K | $97K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0356% | 1h | 23.029 | +0.039% | $3.1M | $8.3M | 10x | as long as short |
| edgeX KORUUSDC | −0.0320% | 4h | 22.998 | −0.096% | $461K | $311K | 10x | as long as short |
| Binance KORUUSDT | −0.0252% | 8h | 23.031 | +0.049% | $56.5M | $328.8M | 25x | as long as short |
| MEXC KORU_USD1 | −0.0251% | 8h | 23.030 | +0.043% | $12.1M | $83K | 20x | as long as short |
| Extended KORU-USD | −0.0248% | 1h | 23.024 | +0.018% | $7K | $205K | 5x | as long as short |
| KuCoin KORUUSDTMlong | −0.0205% | 8h | 23.020 | long leg | $443K | $984K | 20x |
Bybit KORUUSDT
OKX KORU-USDT-SWAP
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
edgeX KORUUSDC
Binance KORUUSDT
MEXC KORU_USD1
Extended KORU-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0096% | 8h | 23.015 | −0.021% | $91K | $288K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 23.012 | −0.035% | $2.7M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 23.010 | −0.043% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.020 | 0.000% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 23.020 | 0.000% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 23.039 | +0.083% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.030 | +0.043% | $13K | $51K | 5x | as long as short |
| Bitget KORUUSDT | +0.0151% | 8h | 23.005 | −0.065% | $53.5M | $57.6M | 20x | as long as short |
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
Bitget KORUUSDT