Funding you earn now, next payment 03:00 UTC+0.0608%/8h= +66.6% APRpaid last 24h +0.075%
Price spread now: Binance against tradeXYZ−0.075%7-day average +0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 7 days+0.199%+$20 · spread now −0.075%, 7d avg +0.145%
=Together, before fees+0.460%+ Points / potential airdroptradeXYZ: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.220% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.145%). If the spread goes back, that is −$22 on $10k: about 29 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.261% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% 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 | tradeXYZ xyz:KORU | 22.847 | −0.0735 | get 0.0092% / 1h | 27m 23s | $3.2M | $8.3M | 10x |
| Short | Binance KORUUSDT | 22.830 | −0.0126 | pay 0.0126% / 8h | 5h 27m | $55.6M | $327.2M | 25x |
tradeXYZ xyz:KORU
Binance KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $127.77
- Price spread: −0.075% → +0.145%
- −$22.03
- Slippage, 4 orders
- −$10.57
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $67.17
- Costs to cover
- 0.386%
- Break-even
- 3.3 days
Slippage from tradeXYZ: live order book, 10 min ago; Binance: live order book, 16 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 tradeXYZ live order book, 10 min ago | 0.87 bp | 12.2 bp −$12 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 2.19 bp | 7.2 bp −$7 | 11.0 bp −$110 | 25.9 bp −$2,592 | 93.1 bp −$46.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.823 | −0.106% | $38K | $302K | 5x | as long as short |
| Bybit KORUUSDT | −0.0835% | 8h | 22.840 | −0.031% | $6.5M | $21.7M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0779% | 8h | 22.884 | +0.164% | $1K | $96K | 10x | as long as short |
| tradeXYZ xyz:KORUlong | −0.0735% | 1h | 22.847 | long leg | $3.2M | $8.3M | 10x | |
| OKX KORU-USDT-SWAP | −0.0378% | 8h | 22.800 | −0.206% | $6.1M | $28.4M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0155% | 8h | 22.870 | +0.101% | $434K | $1.0M | 20x | as long as short |
| Binance KORUUSDTshort | −0.0126% | 8h | 22.830 | −0.075% | $55.6M | $327.2M | 25x | |
| Extended KORU-USD | −0.0120% | 1h | 22.824 | −0.102% | $6K | $213K | 5x | as long as short |
| MEXC KORU_USDT | −0.0117% | 8h | 22.830 | −0.074% | $16.0M | $19.7M | 50x | as long as short |
| Ondo Perps KORU-USD.P | −0.0050% | 1h | 22.890 | +0.188% | $13K | $50K | 5x | as long as short |
RISEx KORU/USDC
Bybit KORUUSDT
GRVT KORU_USDT_Perp
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
Extended KORU-USD
MEXC KORU_USDT
Ondo Perps KORU-USD.PShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0027% | 8h | 22.863 | +0.068% | $90K | $289K | 50x | as long as short |
| Gate KORU_USDT | −0.0006% | 8h | 22.848 | +0.004% | $2.6M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.808 | −0.171% | $53.1M | $58.5M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.900 | +0.232% | — | $4.0M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.850 | +0.013% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.860 | +0.057% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.890 | +0.188% | — | — | 10x | as long as short |
| edgeX KORUUSDC | +0.0176% | 4h | 22.880 | +0.145% | $458K | $309K | 10x | as long as short |
Aster KORUUSDT
Gate KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC