Funding you earn now, next payment 08:00 UTC−0.1046%/8h= −114.6% APRpaid last 24h +0.058%
Price spread now: edgeX against tradeXYZ+0.156%46s7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 4 days (all we have)+0.305%+$31 · spread now +0.156%, 7d avg +0.113%
=Together, before fees+0.502%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.043% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.113%): +$4 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% 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 | 21.517 | 0.0050 | pay 0.0006% / 1h | 2m 41s | $3.1M | $10.3M | 10x |
| Short | edgeX KORUUSDC | 21.551 | −0.0996 | pay 0.0498% / 4h | 2m 41s | $432K | $316K | 10x |
tradeXYZ xyz:KORU
edgeX KORUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$219.73
- Price spread: +0.156% → +0.113%
- $4.29
- Slippage, 4 orders
- −$27.66
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$270.1
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; edgeX: live order book, 36 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 | 0.93 bp | 12.5 bp −$13 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 9.18 bp | 14.4 bp −$14 | 50.6 bp −$506 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.2837% | 8h | 21.561 | +0.204% | $54.3M | $62.8M | 20x | as long as short |
| edgeX KORUUSDCshort | −0.0996% | 4h | 21.551 | +0.156% | $432K | $316K | 10x | |
| Aster KORUUSDT | 0.0000% | 8h | 21.548 | +0.143% | $64K | $323K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 21.540 | +0.106% | $5K | $182K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 21.550 | +0.153% | $49.8M | $382.8M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 21.540 | +0.107% | $6.5M | $24.6M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 21.530 | +0.060% | $6.2M | $29.3M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 21.536 | +0.088% | $28K | $297K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.543 | +0.121% | $2.7M | $4.2M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 21.550 | +0.153% | $11.7M | $23.0M | 50x | as long as short |
Bitget KORUUSDT
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit 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 | 21.510 | −0.033% | — | $3.3M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 21.550 | +0.153% | $8K | $20K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 21.550 | +0.153% | $1.5M | $2.2M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 21.520 | +0.014% | — | — | 10x | as long as short |
| tradeXYZ xyz:KORUlong | +0.0050% | 1h | 21.517 | long leg | $3.1M | $10.3M | 10x | |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.570 | +0.246% | $11K | $70K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0070% | 8h | 21.550 | +0.153% | $421K | $893K | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 21.551 | +0.159% | $2K | $104K | 10x | 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