Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps−0.088%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.088% cheaper against Ondo Perps than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps KORU-USD.P | 22.770 | 0.0050 | pay 0.0006% / 1h | 49m 11s | $13K | $50K | 5x |
| Short | Phemex KORUUSDT | 22.750 | 0 | get 0.0000% / 8h | 3h 49m | $1.6M | $2.4M | 10x |
Ondo Perps KORU-USD.P
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Ondo Perps. 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
- −$10.58
- Price spread: −0.088% → 0.000%
- −$8.78
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$36.37
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 4 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 4 min ago | 4.38 bp | 54.5 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-SWAP | −0.0555% | 8h | 22.730 | −0.176% | $6.2M | $28.0M | 10x | as long as short |
| RISEx KORU/USDC | −0.0513% | 1h | 22.777 | +0.029% | $35K | $302K | 5x | as long as short |
| Bybit KORUUSDT | −0.0299% | 8h | 22.750 | −0.088% | $6.6M | $21.9M | 50x | as long as short |
| Extended KORU-USD | −0.0272% | 1h | 22.764 | −0.028% | $6K | $208K | 5x | as long as short |
| Binance KORUUSDT | −0.0268% | 8h | 22.750 | −0.089% | $54.9M | $333.5M | 25x | as long as short |
| MEXC KORU_USDT | −0.0267% | 8h | 22.750 | −0.088% | $15.2M | $21.1M | 50x | as long as short |
| KuCoin KORUUSDTM | −0.0243% | 8h | 22.780 | +0.044% | $439K | $961K | 20x | as long as short |
| GRVT KORU_USDT_Perp | −0.0234% | 8h | 22.828 | +0.253% | $1K | $98K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0122% | 1h | 22.765 | −0.022% | $3.1M | $8.7M | 10x | as long as short |
| Aster KORUUSDT | −0.0097% | 8h | 22.796 | +0.116% | $88K | $290K | 50x | as long as short |
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Bybit KORUUSDT
Extended KORU-USD
Binance KORUUSDT
MEXC KORU_USDT
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.781 | +0.048% | $2.7M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.753 | −0.075% | $53.0M | $57.8M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.770 | 0.000% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.780 | +0.044% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.750 | −0.088% | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.769 | −0.004% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.Plong | +0.0050% | 1h | 22.770 | long leg | $13K | $50K | 5x | |
| edgeX KORUUSDC | +0.0525% | 4h | 22.828 | +0.256% | $457K | $312K | 10x | as long as short |
Gate KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
edgeX KORUUSDC