Funding you earn now, next payment 05:00 UTC+0.0513%/8h= +56.2% APRpaid last 24h +0.035%
Price spread now: Phemex against RISEx+0.055%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
Funding, last 4 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.055%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Phemex is 0.040% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 4 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.087% in total (about -8.9% 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 | RISEx KORU/USDC | 22.777 | −0.0513 | get 0.0064% / 1h | 48m 07s | $35K | $301K | 5x |
| Short | Phemex KORUUSDT | 22.790 | 0 | get 0.0000% / 8h | 3h 48m | $1.6M | $2.4M | 10x |
RISEx KORU/USDC
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against RISEx. 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
- $107.79
- Price spread: +0.055% → +0.014%
- $4.05
- Slippage, 4 orders
- −$108.49
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.64
- Costs to cover
- 1.265%
- Break-even
- 8.0 days
Slippage from RISEx: live order book, 5 min ago; Phemex: live order book, 5 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 RISEx live order book, 5 min ago | 1.75 bp | 4.8 bp −$5 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.38 bp | 54.5 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KORU-USDT-SWAP | −0.0557% | 8h | 22.790 | +0.055% | $6.2M | $28.2M | 10x | as long as short |
| RISEx KORU/USDClong | −0.0513% | 1h | 22.777 | long leg | $35K | $301K | 5x | |
| Bybit KORUUSDT | −0.0292% | 8h | 22.790 | +0.055% | $6.6M | $21.8M | 50x | as long as short |
| Extended KORU-USD | −0.0272% | 1h | 22.784 | +0.027% | $6K | $208K | 5x | as long as short |
| Binance KORUUSDT | −0.0268% | 8h | 22.790 | +0.055% | $54.8M | $333.7M | 25x | as long as short |
| MEXC KORU_USDT | −0.0268% | 8h | 22.790 | +0.055% | $15.2M | $21.1M | 50x | as long as short |
| KuCoin KORUUSDTM | −0.0242% | 8h | 22.790 | +0.055% | $439K | $960K | 20x | as long as short |
| GRVT KORU_USDT_Perp | −0.0234% | 8h | 22.828 | +0.220% | $1K | $98K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0134% | 1h | 22.786 | +0.037% | $3.1M | $8.7M | 10x | as long as short |
| Aster KORUUSDT | −0.0097% | 8h | 22.788 | +0.047% | $88K | $290K | 50x | as long as short |
OKX KORU-USDT-SWAP
Bybit KORUUSDT
Extended KORU-USD
Binance KORUUSDT
MEXC KORU_USDT
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 | +0.134% | $2.7M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.796 | +0.081% | $53.2M | $57.9M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.790 | +0.055% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.790 | +0.055% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.790 | +0.055% | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.780 | +0.011% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.770 | −0.033% | $13K | $50K | 5x | as long as short |
| edgeX KORUUSDC | +0.0525% | 4h | 22.828 | +0.223% | $457K | $312K | 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