Funding you earn now, next payment 08:00 UTC−0.0268%/8h= −29.3% APRnext payment −$2.68 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Phemex−0.044%50s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as 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−$1211.214% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.044%, 7d avg −0.041%
=The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you. The two prices were read 50 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 | 22.790 | 0 | get 0.0000% / 8h | 3h 47m | $1.6M | $2.4M | 10x |
| Short | MEXC KORU_USDT | 22.780 | −0.0268 | pay 0.0268% / 8h | 3h 47m | $15.2M | $21.1M | 50x |
Phemex KORUUSDT
MEXC KORU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$56.28
- Price spread: −0.044% → −0.041%
- −$0.31
- Slippage, 4 orders
- −$109.37
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$177.96
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago | 4.38 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.19 bp | 2.2 bp −$2 | 2.2 bp −$22 | 5.6 bp −$561 | 18.5 bp −$9,265 |
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 | −0.0557% | 8h | 22.780 | −0.044% | $6.2M | $28.2M | 10x | as long as short |
| RISEx KORU/USDC | −0.0513% | 1h | 22.784 | −0.028% | $35K | $301K | 5x | as long as short |
| Bybit KORUUSDT | −0.0287% | 8h | 22.800 | +0.044% | $6.6M | $21.7M | 50x | as long as short |
| Extended KORU-USD | −0.0272% | 1h | 22.794 | +0.018% | $6K | $208K | 5x | as long as short |
| Binance KORUUSDT | −0.0268% | 8h | 22.791 | +0.006% | $54.8M | $333.5M | 25x | as long as short |
| MEXC KORU_USDTshort | −0.0268% | 8h | 22.780 | −0.044% | $15.2M | $21.1M | 50x | |
| KuCoin KORUUSDTM | −0.0242% | 8h | 22.790 | 0.000% | $439K | $960K | 20x | as long as short |
| GRVT KORU_USDT_Perp | −0.0220% | 8h | 22.770 | −0.088% | $1K | $98K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0131% | 1h | 22.775 | −0.066% | $3.1M | $8.7M | 10x | as long as short |
| Aster KORUUSDT | −0.0098% | 8h | 22.822 | +0.141% | $88K | $290K | 50x | as long as short |
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Bybit KORUUSDT
Extended KORU-USD
Binance KORUUSDT
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 | 22.808 | +0.079% | $2.7M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.784 | −0.026% | $53.1M | $57.9M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.790 | 0.000% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.790 | 0.000% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDTlong | 0.0000% | 8h | 22.790 | long leg | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.804 | +0.061% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.770 | −0.088% | $13K | $50K | 5x | as long as short |
| edgeX KORUUSDC | +0.0274% | 4h | 22.765 | −0.109% | $456K | $313K | 10x | as long as short |
Gate KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
edgeX KORUUSDC