Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against MEXC−0.090%50s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.090%, 7d avg +0.040%
=Funding pays, the price is against you. Phemex is 0.130% cheaper against MEXC than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.040%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.262%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KORU_USDT | 22.180 | −0.0117 | get 0.0117% / 8h | 1h 50m | $13.5M | $22.4M | 50x |
| Short | Phemex KORUUSDT | 22.160 | 0 | get 0.0000% / 8h | 1h 50m | $1.6M | $2.3M | 10x |
MEXC KORU_USDT
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- $24.57
- Price spread: −0.090% → +0.040%
- −$13.04
- Slippage, 4 orders
- −$84.75
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$85.22
- Costs to cover
- 0.967%
- Break-even
- 31.3 days
Slippage from MEXC: live order book, 3 min ago; Phemex: 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 MEXC live order book, 3 min ago | 2.26 bp | 2.3 bp −$2 | 2.3 bp −$23 | 6.2 bp −$616 | 16.4 bp −$8,203 |
| Sell Phemex live order book, 3 min ago | 9.03 bp | 44.7 bp −$45 | doesn't fit | 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 KORUUSDT | −0.1442% | 8h | 22.190 | +0.045% | $54.3M | $62.2M | 20x | as long as short |
| edgeX KORUUSDC | −0.0938% | 4h | 22.130 | −0.225% | $444K | $314K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0365% | 8h | 22.190 | +0.045% | $6.0M | $30.5M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0213% | 8h | 22.190 | +0.045% | $410K | $908K | 20x | as long as short |
| tradeXYZ xyz:KORU | −0.0130% | 1h | 22.181 | +0.005% | $3.3M | $10.0M | 10x | as long as short |
| Extended KORU-USD | −0.0120% | 1h | 22.204 | +0.108% | $7K | $180K | 5x | as long as short |
| MEXC KORU_USDTlong | −0.0117% | 8h | 22.180 | long leg | $13.5M | $22.4M | 50x | |
| Binance KORUUSDT | −0.0113% | 8h | 22.200 | +0.091% | $50.5M | $371.7M | 25x | as long as short |
| Aster KORUUSDT | −0.0043% | 8h | 22.199 | +0.086% | $65K | $337K | 50x | as long as short |
| Bybit KORUUSDT | −0.0040% | 8h | 22.200 | +0.090% | $6.3M | $24.4M | 50x | as long as short |
Bitget KORUUSDT
edgeX KORUUSDC
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
tradeXYZ xyz:KORU
Extended KORU-USD
Binance KORUUSDT
Aster KORUUSDT
Bybit KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | 0.0000% | 1h | 22.195 | +0.069% | $30K | $308K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.188 | +0.036% | $2.2M | $4.0M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.130 | −0.225% | — | $3.5M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.130 | −0.225% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.160 | −0.090% | $1.6M | $2.3M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.198 | +0.081% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.100 | −0.361% | $11K | $65K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.150 | −0.135% | $2K | $104K | 10x | as long as short |
RISEx KORU/USDC
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
GRVT KORU_USDT_Perp