Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.006%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.006%, 7d avg +0.035%
=Funding pays, the price is against you. Binance is 0.041% cheaper against OKX than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.035%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.179%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 per $10,000. 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 | OKX KORU-USDT-SWAP | 22.800 | −0.0551 | get 0.0551% / 8h | 3h 52m | $6.2M | $28.2M | 10x |
| Short | Binance KORUUSDT | 22.799 | −0.0269 | pay 0.0269% / 8h | 3h 52m | $55.0M | $334.1M | 25x |
OKX KORU-USDT-SWAP
Binance KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $59.18
- Price spread: −0.006% → +0.035%
- −$4.1
- Slippage, 4 orders
- −$13.21
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $21.87
- Costs to cover
- 0.332%
- Break-even
- 4.4 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 6 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 OKX live order book, 1 min ago | 2.19 bp | 8.5 bp −$8 | 13.5 bp −$135 | 75.0 bp −$7,500 | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.19 bp | 7.2 bp −$7 | 9.3 bp −$93 | 23.8 bp −$2,376 | 78.0 bp −$39.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KORU-USDT-SWAPlong | −0.0551% | 8h | 22.800 | long leg | $6.2M | $28.2M | 10x | |
| RISEx KORU/USDC | −0.0513% | 1h | 22.798 | −0.009% | $36K | $302K | 5x | as long as short |
| Bybit KORUUSDT | −0.0313% | 8h | 22.800 | 0.000% | $6.6M | $21.9M | 50x | as long as short |
| Extended KORU-USD | −0.0272% | 1h | 22.799 | −0.003% | $6K | $208K | 5x | as long as short |
| MEXC KORU_USDT | −0.0271% | 8h | 22.820 | +0.088% | $15.2M | $21.1M | 50x | as long as short |
| Binance KORUUSDTshort | −0.0269% | 8h | 22.799 | −0.006% | $55.0M | $334.1M | 25x | |
| GRVT KORU_USDT_Perp | −0.0257% | 8h | 22.839 | +0.170% | $2K | $97K | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0238% | 8h | 22.810 | +0.044% | $439K | $964K | 20x | as long as short |
| Aster KORUUSDT | −0.0097% | 8h | 22.824 | +0.105% | $89K | $290K | 50x | as long as short |
| tradeXYZ xyz:KORU | −0.0094% | 1h | 22.802 | +0.009% | $3.1M | $8.7M | 10x | as long as short |
RISEx KORU/USDC
Bybit KORUUSDT
Extended KORU-USD
MEXC KORU_USDT
GRVT KORU_USDT_Perp
KuCoin KORUUSDTM
Aster KORUUSDT
tradeXYZ xyz:KORUShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.812 | +0.053% | $2.7M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.840 | +0.175% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.820 | +0.088% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.830 | +0.132% | $1.6M | $2.4M | 10x | as long as short |
| Bitget KORUUSDT | +0.0007% | 8h | 22.795 | −0.022% | $53.1M | $57.8M | 20x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.820 | +0.088% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.810 | +0.044% | $13K | $50K | 5x | as long as short |
| edgeX KORUUSDC | +0.0460% | 4h | 22.837 | +0.162% | $457K | $312K | 10x | as long as short |
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Bitget KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
edgeX KORUUSDC