Funding you earn now, next payment 02:00 UTC−0.0753%/8h= −82.5% APRpaid last 24h −0.091%
Price spread now: tradeXYZ against KuCoin−0.347%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.347%, 7d avg −0.099%
=Together, before fees+0.007%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and tradeXYZ is 0.249% cheaper against KuCoin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.307% in total (about -16.0% 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 | 22.750 | 0.0100 | pay 0.0100% / 8h | 6h 37m | $427K | $1.0M | 20x |
| Short | tradeXYZ xyz:KORU | 22.671 | −0.0653 | pay 0.0082% / 1h | 37m 30s | $3.4M | $7.8M | 10x |
KuCoin KORUUSDTM
tradeXYZ xyz:KORUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$158.18
- Price spread: −0.347% → −0.099%
- −$24.86
- Slippage, 4 orders
- −$72.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$285.99
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; tradeXYZ: live order book, 10 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, 2 min ago | 2.21 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.87 bp | 10.9 bp −$11 | 17.9 bp −$179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORUshort | −0.0653% | 1h | 22.671 | −0.347% | $3.4M | $7.8M | 10x | |
| Bybit KORUUSDT | −0.0355% | 8h | 22.670 | −0.352% | $6.4M | $22.0M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0038% | 8h | 22.660 | −0.396% | $1K | $95K | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.756 | +0.028% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.662 | −0.388% | $7K | $207K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.666 | −0.371% | $55.7M | $329.5M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.650 | −0.440% | $6.1M | $28.5M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.666 | −0.369% | $35K | $303K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.669 | −0.356% | $2.6M | $3.5M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.680 | −0.308% | $14.7M | $19.8M | 50x | as long as short |
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.650 | −0.440% | $52.9M | $62.2M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.680 | −0.308% | — | $4.2M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.610 | −0.615% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.660 | −0.396% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.739 | −0.048% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.680 | −0.308% | $17K | $39K | 5x | as long as short |
| KuCoin KORUUSDTMlong | +0.0100% | 8h | 22.750 | long leg | $427K | $1.0M | 20x | |
| edgeX KORUUSDC | +0.0861% | 4h | 22.636 | −0.501% | $453K | $308K | 10x | as long as short |
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
edgeX KORUUSDC