Funding you earn now, next payment 08:00 UTC+0.0264%/8h= +28.9% APRnext payment +$2.64 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.044%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.044%, 7d avg −0.002%
=Funding pays, the price is against you. MEXC is 0.042% cheaper against OKX than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.181%, 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 -0.181% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 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 | 22.920 | −0.0264 | get 0.0264% / 8h | 5h 55m | $6.2M | $28.6M | 10x |
| Short | MEXC KORU_USDT | 22.910 | 0 | get 0.0000% / 8h | 5h 55m | $16.7M | $19.4M | 50x |
OKX KORU-USDT-SWAP
MEXC KORU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $55.52
- Price spread: −0.044% → −0.002%
- −$4.15
- Slippage, 4 orders
- −$13.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $28.34
- Costs to cover
- 0.230%
- Break-even
- 3.4 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 2.18 bp | 7.2 bp −$7 | 13.4 bp −$134 | 90.1 bp −$9,013 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.18 bp | 2.2 bp −$2 | 2.9 bp −$29 | 7.8 bp −$777 | 22.1 bp −$11.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.900 | −0.085% | $36K | $303K | 5x | as long as short |
| tradeXYZ xyz:KORU | −0.1319% | 1h | 22.890 | −0.131% | $3.1M | $8.1M | 10x | as long as short |
| Bybit KORUUSDT | −0.1041% | 8h | 22.930 | +0.044% | $6.5M | $21.7M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0936% | 8h | 22.920 | +0.001% | $2K | $96K | 10x | as long as short |
| Ondo Perps KORU-USD.P | −0.0329% | 1h | 22.950 | +0.131% | $13K | $50K | 5x | as long as short |
| OKX KORU-USDT-SWAPlong | −0.0264% | 8h | 22.920 | long leg | $6.2M | $28.6M | 10x | |
| Gate KORU_USDT | −0.0206% | 8h | 22.899 | −0.092% | $2.6M | $3.6M | 25x | as long as short |
| HTX KORU-USDT | −0.0153% | 8h | 22.900 | −0.087% | $8K | $17K | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0050% | 8h | 22.890 | −0.131% | $434K | $1.0M | 20x | as long as short |
| Binance KORUUSDT | −0.0001% | 8h | 22.910 | −0.044% | $55.9M | $325.6M | 25x | as long as short |
RISEx KORU/USDC
tradeXYZ xyz:KORU
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Ondo Perps KORU-USD.P
Gate KORU_USDT
HTX KORU-USDT
KuCoin KORUUSDTM
Binance KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | 0.0000% | 8h | 22.912 | −0.035% | $91K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.898 | −0.094% | $6K | $206K | 5x | as long as short |
| MEXC KORU_USDTshort | 0.0000% | 8h | 22.910 | −0.044% | $16.7M | $19.4M | 50x | |
| Bitget KORUUSDT | 0.0000% | 8h | 22.884 | −0.157% | $53.2M | $59.0M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.970 | +0.218% | — | $4.0M | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.900 | −0.087% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.960 | +0.175% | — | — | 10x | as long as short |
| edgeX KORUUSDC | +0.0428% | 4h | 22.927 | +0.029% | $459K | $309K | 10x | as long as short |
Aster KORUUSDT
Extended KORU-USD
Bitget KORUUSDT
SunX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC