KORU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$1.72 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Phemex−0.045%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$193as in the Price arb table

costs, in and out, $10k−$1921.919% of the position

Long on Phemex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.325%+$33 on $10k

Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.045%, 7d avg −0.038%

Together, before fees+0.501%+$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.325%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex KORUUSDT	22.020	0	get 0.0000% / 8h	1h 28m	$1.6M	$2.3M	10x
Short	KuCoin KORUUSDTM	22.010	−0.0172	pay 0.0172% / 8h	1h 28m	$406K	$905K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee KuCoinbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$36.12
Price spread: −0.045% → −0.038%: −$0.76
Slippage, 4 orders: −$167.88
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$228.76
Costs to cover: 1.919%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 6 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	2.27 bp	62.2 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.28 bp	35.4 bp −$35	doesn't fit	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	−0.1724%	8h	22.054	+0.154%	$54.1M	$62.1M	20x	as long as short
edgeX KORUUSDC	−0.0486%	4h	22.003	−0.077%	$441K	$316K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0320%	8h	22.020	0.000%	$6.0M	$30.2M	10x	as long as short
tradeXYZ xyz:KORU	−0.0202%	1h	22.030	+0.045%	$3.3M	$10.1M	10x	as long as short
KuCoin KORUUSDTMshort	−0.0172%	8h	22.010	−0.045%	$406K	$905K	20x
MEXC KORU_USD1	−0.0084%	8h	22.030	+0.045%	$11.6M	$83K	20x	as long as short
Binance KORUUSDT	−0.0083%	8h	22.010	−0.044%	$49.4M	$377.0M	25x	as long as short
Extended KORU-USD	−0.0080%	1h	22.035	+0.067%	$7K	$177K	5x	as long as short
Bybit KORUUSDT	−0.0022%	8h	22.010	−0.045%	$6.3M	$24.6M	50x	as long as short
Aster KORUUSDT	−0.0016%	8h	22.015	−0.025%	$65K	$323K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx KORU/USDC	0.0000%	1h	22.054	+0.152%	$28K	$306K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.055	+0.159%	$2.2M	$4.0M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.040	+0.091%	—	$3.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.030	+0.045%	$8K	$19K	10x	as long as short
Phemex KORUUSDTlong	0.0000%	8h	22.020	long leg	$1.6M	$2.3M	10x
Lighter KORU	+0.0032%	1h	22.010	−0.045%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.020	0.000%	$11K	$69K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.000	−0.089%	$2K	$103K	10x	as long as short