Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.055%
Price spread now: KuCoin against OKX−0.133%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.133%, 7d avg +0.002%
=Funding pays, the price is against you. KuCoin is 0.136% cheaper against OKX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.002%). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KORU-USDT-SWAP | 22.510 | 0 | get 0.0000% / 8h | 1h 47m | $6.0M | $31.0M | 10x |
| Short | KuCoin KORUUSDTM | 22.480 | 0.0100 | get 0.0100% / 8h | 1h 47m | $486K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.133% → +0.002%
- −$13.58
- Slippage, 4 orders
- −$71.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.55
- Costs to cover
- 0.940%
- Break-even
- 35.9 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 2 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 | 2.22 bp | 7.2 bp −$7 | 13.9 bp −$139 | 86.4 bp −$8,641 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.67 bp | 42.7 bp −$43 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KORUUSDC | −0.0799% | 4h | 22.494 | −0.072% | $450K | $304K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0212% | 1h | 22.480 | −0.133% | $3.2M | $8.2M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.499 | −0.047% | $82K | $263K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.497 | −0.059% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.508 | −0.009% | $56.4M | $338.1M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.520 | +0.044% | $6.0M | $23.2M | 50x | as long as short |
| OKX KORU-USDT-SWAPlong | 0.0000% | 8h | 22.510 | long leg | $6.0M | $31.0M | 10x | |
| RISEx KORU/USDC | 0.0000% | 1h | 22.519 | +0.040% | $28K | $310K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.497 | −0.058% | $2.5M | $3.3M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.500 | −0.044% | $13.9M | $20.3M | 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 | 22.490 | −0.089% | $52.5M | $78.8M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.480 | −0.133% | — | $5.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.520 | +0.044% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.500 | −0.044% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.485 | −0.111% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.500 | −0.044% | $19K | $11K | 5x | as long as short |
| KuCoin KORUUSDTMshort | +0.0100% | 8h | 22.480 | −0.133% | $486K | $1.2M | 20x | |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.480 | −0.134% | $2K | $112K | 10x | as long as short |
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
edgeX KORUUSDC
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
GRVT KORU_USDT_Perp