Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.6800 | 0 | 0.0000% / 8h | 7h 45m | $1.3M | $12.4M | 10x | Long Phemex | |
| SHORT | 7.6500 | +0.1356 | get 0.0170% / 1h | 45m 24s | $250K | $558K | 10x | Short SoDEX |
Price gap−0.391%
Funding gap+0.1356% /8h
Funding pays +$41 a day on $10k, but the gap is 0.345% under its 7d average: −$35 if it goes back, about 20 hours of funding. At the last 7 days' pace that is about 3.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$69+0.1356% /8h now · paid +0.688% over the last 7D
Price−$35spread −0.391% now, avg −0.046% → −0.345% if it goes back
Costs−$2082.077% of $10k · taker + slippage, in and out
Result−$173−1.73%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.688% in total, about +0.0328%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.391%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKORU on 22 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size62.4 / 55.1 bpAt $10k entering Phemex costs 62.4 bp, fee and slippage, 1.1× SoDEX’s.
- Note: Margin at max leverage$1,000 + $1,000Phemex 10x, SoDEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$40.68Long Phemex: 3 payments, $0.00; short SoDEX: 24 payments, +$40.68.
- Watch: Gap narrower than usual−0.391% vs −0.046%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$250K vs $1.3M OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · SoDEX NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0328%/8h × 21 periods+$68.83
Price spread−0.391% → −0.046% (7d avg)−$34.51
Slippage, 4 orderslive order books−$187.74
Fee Phemex bp × 2 orders−$12.00
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k−$173.42
Costs to cover2.077%Break-even24.6 days
Slippage: Phemex: live order book, 6 min ago; SoDEX: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex26.8862.4 bp−$62100.5 bp−$1,005doesn’t fitdoesn’t fit
SELL · SHORTSoDEX6.3355.1 bp−$55129.6 bp−$1,296doesn’t fitdoesn’t fit
Closing costs about the same again.
KORU news
posts that mention KORU or Direxion South Korea Bull 3x, from every exchange| 11-02 05:41 | SoDEX | Other | KORU Perps rose more than 9% on SoDEX. Explore more: @sodex_official on X ↗ |
| 10-30 11:41 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 8 points are LIVE! 🚀 SoDEX Open Interest Hits $312M! Thank you to our growing trading community! 🧡 ⚡ Week 9 Bonus: Trade ZEC-USD, NEAR-USD, BRENTOIL-USD,KORU-USD,MCD-USD,NKE-USD,CRWV-USD,CRWD-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-28 04:08 | SoDEX | Other | 🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗ |
| 10-27 12:35 | SoDEX | Other | 🚀 Week 8 of Layer1 Season is in the books. 🔥 SoDEX open interest has climbed to $312M, surpassing the $300M milestone! A huge thank you to everyone trading, growing their squads, and driving SoDEX forward. ❤️ Eight weeks down. Twelve more to go. ⚡ New Bonus: ZEC-USD, NEAR-USD, BRENTOIL-USD, KORU-USD, MCD-USD, NKE-USD, CRWV-USD, CRWD-USD perps to earn 1.2× SoPoints on trading volume! Let's keep the momentum going! 🚀 @sodex_official on X ↗ |
| 10-26 14:16 | SoDEX | Other | 🌍 Get to Know $BRENTOIL & $KORU — Now on SoDEX! 🚀 🛢️ $BRENTOIL | Brent Crude Oil Brent is a major global benchmark for crude oil prices, reflecting international energy supply and demand. 📈 Key price drivers: ▪️ Middle East geopolitical tensions and supply disruptions ▪️ OPEC+ production decisions ▪️ Global economic growth and oil demand 🇰🇷 $KORU | South Korean Equities KORU is a leveraged ETF seeking 3x the daily performance of the MSCI Korea 25/50 Index, offering exposure to South Korea's equity market. 📈 Key price drivers: ▪️ AI and semiconductor demand, particularly Samsung Electronics and SK Hynix ▪️ South Korean economic conditions and monetary policy ▪️ Global tech sentiment and foreign capital flows 🔥 Explore both markets on SoDEX! 🔗 @sodex_official on X ↗ |
| 10-26 14:12 | SoDEX | Listing | 🚀 NEW PERPS LIVE ON SoDEX! 🔥 🛢️ $BRENTOIL — Up to 20x leverage: 🇰🇷 $KORU — Up to 10x leverage: 🔥 What's driving the markets? ▪️ $BRENTOIL: US-Iran tensions and Middle East supply disruptions fuel oil volatility. ▪️ $KORU: South Korean equities face swings amid semiconductor sentiment and broader market volatility. @sodex_official on X ↗ |