Funding you earn now, next payment 07:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.086%
Price spread now: Phemex against tradeXYZ+0.155%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.155%, 7d avg +0.133%
=Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phemex is 0.023% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:KORU | 21.916 | −0.0152 | get 0.0019% / 1h | 38m 45s | $3.2M | $10.0M | 10x |
| Short | Phemex KORUUSDT | 21.950 | 0 | get 0.0000% / 8h | 1h 38m | $1.5M | $2.3M | 10x |
tradeXYZ xyz:KORU
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $31.89
- Price spread: +0.155% → +0.133%
- $2.26
- Slippage, 4 orders
- −$126.94
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$122.79
- Costs to cover
- 1.569%
- Break-even
- 34.0 days
Slippage from tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 2.95 bp | 12.2 bp −$12 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 9.06 bp | 64.6 bp −$65 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.1541% | 8h | 21.929 | +0.059% | $53.7M | $62.2M | 20x | as long as short |
| edgeX KORUUSDC | −0.0658% | 4h | 22.060 | +0.656% | $442K | $314K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0341% | 8h | 21.920 | +0.018% | $6.0M | $30.2M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0191% | 8h | 21.920 | +0.018% | $405K | $906K | 20x | as long as short |
| tradeXYZ xyz:KORUlong | −0.0152% | 1h | 21.916 | long leg | $3.2M | $10.0M | 10x | |
| Extended KORU-USD | −0.0096% | 1h | 21.910 | −0.027% | $7K | $180K | 5x | as long as short |
| MEXC KORU_USD1 | −0.0096% | 8h | 21.940 | +0.110% | $11.6M | $83K | 20x | as long as short |
| Binance KORUUSDT | −0.0092% | 8h | 21.922 | +0.029% | $50.0M | $373.9M | 25x | as long as short |
| Aster KORUUSDT | −0.0027% | 8h | 21.914 | −0.007% | $64K | $323K | 50x | as long as short |
| Bybit KORUUSDT | −0.0018% | 8h | 21.920 | +0.018% | $6.3M | $24.4M | 50x | as long as short |
Bitget KORUUSDT
edgeX KORUUSDC
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
Extended KORU-USD
MEXC KORU_USD1
Binance KORUUSDT
Aster KORUUSDT
Bybit KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | 0.0000% | 1h | 21.947 | +0.140% | $28K | $307K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.931 | +0.068% | $2.2M | $4.0M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 21.940 | +0.110% | — | $3.5M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.020 | +0.475% | $8K | $20K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 21.950 | +0.155% | $1.5M | $2.3M | 10x | |
| Lighter KORU | +0.0032% | 1h | 21.914 | −0.009% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.000 | +0.383% | $11K | $68K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.068 | +0.692% | $2K | $104K | 10x | as long as short |
RISEx KORU/USDC
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
GRVT KORU_USDT_Perp