Funding you earn now, next payment 03:00 UTC−0.0962%/8h= −105.3% APRpaid last 24h −0.075%
Price spread now: tradeXYZ against OKX−0.026%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now −0.026%, 7d avg −0.111%
=Together, before fees−0.492%+ Points / potential airdroptradeXYZ: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.085% dearer against OKX than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.111%): +$8 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.440% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.440% in total (about -23.0% 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 | OKX KORU-USDT-SWAP | 22.920 | −0.0298 | get 0.0298% / 8h | 5h 51m | $6.2M | $28.6M | 10x |
| Short | tradeXYZ xyz:KORU | 22.914 | −0.1260 | pay 0.0157% / 1h | 51m 36s | $3.1M | $8.1M | 10x |
OKX KORU-USDT-SWAP
tradeXYZ xyz:KORUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$201.97
- Price spread: −0.026% → −0.111%
- $8.46
- Slippage, 4 orders
- −$13.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$234.68
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; tradeXYZ: live order book, 7 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, 2 min ago | 2.18 bp | 8.8 bp −$9 | 13.8 bp −$138 | 78.7 bp −$7,869 | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.22 bp | 11.8 bp −$12 | 19.7 bp −$197 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.929 | +0.039% | $36K | $303K | 5x | as long as short |
| tradeXYZ xyz:KORUshort | −0.1260% | 1h | 22.914 | −0.026% | $3.1M | $8.1M | 10x | |
| Bybit KORUUSDT | −0.1040% | 8h | 22.940 | +0.087% | $6.5M | $21.7M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0978% | 8h | 22.898 | −0.097% | $2K | $96K | 10x | as long as short |
| edgeX KORUUSDC | −0.0588% | 4h | 22.893 | −0.117% | $458K | $310K | 10x | as long as short |
| Ondo Perps KORU-USD.P | −0.0314% | 1h | 22.930 | +0.044% | $13K | $50K | 5x | as long as short |
| OKX KORU-USDT-SWAPlong | −0.0298% | 8h | 22.920 | long leg | $6.2M | $28.6M | 10x | |
| HTX KORU-USDT | −0.0175% | 8h | 22.910 | −0.044% | $8K | $17K | 10x | as long as short |
| Gate KORU_USDT | −0.0164% | 8h | 22.930 | +0.044% | $2.6M | $3.6M | 25x | as long as short |
| KuCoin KORUUSDTM | −0.0079% | 8h | 22.920 | 0.000% | $435K | $1.0M | 20x | as long as short |
RISEx KORU/USDC
Bybit KORUUSDT
GRVT KORU_USDT_Perp
edgeX KORUUSDC
Ondo Perps KORU-USD.P
HTX KORU-USDT
Gate KORU_USDT
KuCoin KORUUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KORUUSDT | −0.0035% | 8h | 22.940 | +0.087% | $55.9M | $325.2M | 25x | as long as short |
| MEXC KORU_USDT | −0.0026% | 8h | 22.920 | 0.000% | $16.7M | $19.6M | 50x | as long as short |
| Extended KORU-USD | −0.0024% | 1h | 22.927 | +0.030% | $6K | $206K | 5x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.917 | −0.014% | $91K | $288K | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.920 | 0.000% | $53.3M | $58.9M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 23.000 | +0.349% | — | $4.0M | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.920 | 0.000% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.980 | +0.262% | — | — | 10x | as long as short |
Binance KORUUSDT
MEXC KORU_USDT
Extended KORU-USD
Aster KORUUSDT
Bitget KORUUSDT
SunX KORU-USDT
Phemex KORUUSDT
Lighter KORU