Funding you earn now, next payment 01:00 UTC+0.0639%/8h= +70.0% APRpaid last 24h +0.052%
Price spread now: Bybit against tradeXYZ+0.013%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.013%, 7d avg +0.125%
=Together, before fees+0.261%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.112% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.125%). If the spread goes back, that is −$11 on $10k: about 14 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.200% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% 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 | 23.017 | −0.0692 | get 0.0087% / 1h | 2m 22s | $3.1M | $6.9M | 10x |
| Short | Bybit KORUUSDT | 23.020 | −0.0053 | pay 0.0053% / 8h | 7h 02m | $6.5M | $22.0M | 50x |
tradeXYZ xyz:KORU
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $134.21
- Price spread: +0.013% → +0.125%
- −$11.17
- Slippage, 4 orders
- −$19.12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $74.92
- Costs to cover
- 0.481%
- Break-even
- 3.1 days
Slippage from tradeXYZ: live order book, 6 min ago; Bybit: 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 tradeXYZ live order book, 6 min ago | 1.95 bp | 15.4 bp −$15 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.17 bp | 9.2 bp −$9 | 18.4 bp −$184 | 108.4 bp −$10.8K | 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:KORUlong | −0.0692% | 1h | 23.017 | long leg | $3.1M | $6.9M | 10x | |
| edgeX KORUUSDC | −0.0677% | 4h | 23.044 | +0.118% | $461K | $308K | 10x | as long as short |
| Bybit KORUUSDTshort | −0.0053% | 8h | 23.020 | +0.013% | $6.5M | $22.0M | 50x | |
| Aster KORUUSDT | 0.0000% | 8h | 23.015 | −0.007% | $95K | $276K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 23.023 | +0.026% | $6K | $205K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 23.031 | +0.062% | $57.9M | $326.5M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 23.010 | −0.030% | $6.2M | $29.2M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 23.019 | +0.009% | $35K | $305K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 23.017 | 0.000% | $2.6M | $3.5M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 23.020 | +0.013% | $15.1M | $21.5M | 50x | as long as short |
edgeX KORUUSDC
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 23.020 | +0.013% | — | $4.3M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.040 | +0.100% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 23.000 | −0.074% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 23.030 | +0.056% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.100 | +0.361% | $19K | $24K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 23.020 | +0.013% | $470K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 23.064 | +0.202% | $2K | $96K | 10x | as long as short |
| Bitget KORUUSDT | +0.0365% | 8h | 22.986 | −0.135% | $54.0M | $64.3M | 20x | as long as short |
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp
Bitget KORUUSDT