Funding you earn now, next payment 01:00 UTC−0.0690%/8h= −75.6% APRnext payment −$0.86 per $10,000 · paid last 24h −0.106%
Price spread now: tradeXYZ against RISEx−0.080%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 3 days (all we have)−0.118%−$12 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.080%, 7d avg −0.134%
=Together, before fees−0.110%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.054% dearer against RISEx than usual: you sell high and buy low (spread −0.080% now, against its 7-day average of −0.134%): +$5 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 3 days (−0.118% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.118% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.86 per $10,000. 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 | 22.833 | 0 | get 0.0000% / 1h | 45m 02s | $33K | $307K | 5x |
| Short | tradeXYZ xyz:KORU | 22.815 | −0.0690 | pay 0.0086% / 1h | 45m 02s | $3.3M | $6.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$144.93
- Price spread: −0.080% → −0.134%
- $5.38
- Slippage, 4 orders
- −$13.36
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$176.9
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 28 min ago; tradeXYZ: live order book, 2 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, 28 min ago | 2.42 bp | 5.4 bp −$5 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.53 bp | 12.9 bp −$13 | 19.4 bp −$194 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORUshort | −0.0690% | 1h | 22.815 | −0.080% | $3.3M | $6.6M | 10x | |
| edgeX KORUUSDC | −0.0658% | 4h | 22.894 | +0.266% | $458K | $308K | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.850 | +0.074% | $82K | $259K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.833 | −0.001% | $21K | $181K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.836 | +0.013% | $57.5M | $326.8M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.830 | −0.015% | $6.5M | $22.1M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.810 | −0.102% | $6.1M | $29.6M | 10x | as long as short |
| RISEx KORU/USDClong | 0.0000% | 1h | 22.833 | long leg | $33K | $307K | 5x | |
| Gate KORU_USDT | 0.0000% | 8h | 22.841 | +0.033% | $2.6M | $3.3M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.830 | −0.015% | $13.7M | $20.9M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.815 | −0.080% | $53.2M | $65.1M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.810 | −0.102% | — | $4.6M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.870 | +0.161% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.860 | +0.117% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.829 | −0.019% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.950 | +0.511% | $19K | $14K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.850 | +0.073% | $484K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.914 | +0.353% | $2K | $98K | 10x | as long as short |
RISEx KORU/USDC
tradeXYZ xyz:KORU
edgeX KORUUSDC
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp