Funding you earn now, next payment 08:00 UTC−0.0151%/8h= −16.5% APRnext payment −$1.51 per $10,000 · paid last 24h +0.030%
Price spread now: GRVT against Phemex−0.465%77s7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.465% cheaper against Phemex than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex KORUUSDT | 22.550 | 0 | get 0.0000% / 8h | 2h 51m | $1.6M | $2.3M | 10x |
| Short | GRVT KORU_USDT_Perp | 22.445 | −0.0151 | pay 0.0151% / 8h | 2h 51m | $2K | $101K | 10x |
Phemex KORUUSDT
GRVT KORU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$31.71
- Price spread: −0.465% → 0.000%
- −$46.46
- Slippage, 4 orders
- −$104.93
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$204.1
- Costs to cover
- 1.259%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; GRVT: live order book, 21 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, 2 min ago | 4.44 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 6.70 bp | 11.2 bp −$11 | 21.0 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.0571% | 8h | 22.540 | −0.044% | $53.0M | $59.0M | 20x | as long as short |
| edgeX KORUUSDC | −0.0551% | 4h | 22.453 | −0.429% | $450K | $313K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0535% | 8h | 22.550 | 0.000% | $6.2M | $28.8M | 10x | as long as short |
| RISEx KORU/USDC | −0.0493% | 1h | 22.525 | −0.112% | $31K | $307K | 5x | as long as short |
| tradeXYZ xyz:KORU | −0.0338% | 1h | 22.550 | 0.000% | $3.2M | $9.2M | 10x | as long as short |
| Binance KORUUSDT | −0.0315% | 8h | 22.581 | +0.137% | $51.9M | $351.8M | 25x | as long as short |
| MEXC KORU_USDT | −0.0314% | 8h | 22.530 | −0.089% | $14.1M | $21.0M | 50x | as long as short |
| Extended KORU-USD | −0.0312% | 1h | 22.529 | −0.092% | $9K | $179K | 5x | as long as short |
| KuCoin KORUUSDTM | −0.0287% | 8h | 22.530 | −0.089% | $420K | $934K | 20x | as long as short |
| Bybit KORUUSDT | −0.0207% | 8h | 22.560 | +0.044% | $6.5M | $23.3M | 50x | as long as short |
Bitget KORUUSDT
edgeX KORUUSDC
OKX KORU-USDT-SWAP
RISEx KORU/USDC
tradeXYZ xyz:KORU
Binance KORUUSDT
MEXC KORU_USDT
Extended KORU-USD
KuCoin KORUUSDTM
Bybit KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KORU_USDT_Perpshort | −0.0151% | 8h | 22.445 | −0.465% | $2K | $101K | 10x | |
| Aster KORUUSDT | −0.0124% | 8h | 22.569 | +0.082% | $85K | $296K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.546 | −0.018% | $2.7M | $3.7M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.560 | +0.044% | — | $3.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.520 | −0.133% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDTlong | 0.0000% | 8h | 22.550 | long leg | $1.6M | $2.3M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.550 | 0.000% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.500 | −0.222% | $11K | $54K | 5x | as long as short |
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P