Funding you earn now, next payment 00:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h +0.061%
Price spread now: edgeX against Phemex−0.107%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 3 days (all we have)+0.207%+$21 · spread now −0.107%, 7d avg −0.026%
=Together, before fees+0.426%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.081% cheaper against Phemex than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.026%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.218% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.218% in total (about 11.4% 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 | Phemex KORUUSDT | 22.750 | 0 | get 0.0000% / 8h | 23m 12s | $1.6M | $2.4M | 10x |
| Short | edgeX KORUUSDC | 22.726 | 0.0809 | get 0.0405% / 4h | 23m 12s | $455K | $305K | 10x |
Phemex KORUUSDT
edgeX KORUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $169.97
- Price spread: −0.107% → −0.026%
- −$8.15
- Slippage, 4 orders
- −$119.34
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $21.48
- Costs to cover
- 1.403%
- Break-even
- 6.1 days
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 55 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 Phemex live order book, 5 min ago | 2.20 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 55 min ago | 8.86 bp | 15.1 bp −$15 | 52.1 bp −$521 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0139% | 1h | 22.719 | −0.136% | $3.2M | $7.4M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.742 | −0.035% | $83K | $265K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.746 | −0.019% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.751 | +0.006% | $57.1M | $341.1M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.750 | 0.000% | $6.1M | $22.8M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.740 | −0.044% | $6.0M | $31.1M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.747 | −0.014% | $29K | $312K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.744 | −0.026% | $2.5M | $3.2M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.750 | 0.000% | $14.3M | $20.3M | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.732 | −0.079% | $52.7M | $73.6M | 20x | as long as short |
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 22.730 | −0.088% | — | $5.0M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.750 | 0.000% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDTlong | 0.0000% | 8h | 22.750 | long leg | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.744 | −0.026% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.730 | −0.088% | $19K | $12K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.740 | −0.044% | $482K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.744 | −0.027% | $2K | $102K | 10x | as long as short |
| edgeX KORUUSDCshort | +0.0809% | 4h | 22.726 | −0.107% | $455K | $305K | 10x |
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp