Funding you earn now, next payment 08:00 UTC+0.0623%/8h= +68.2% APRnext payment +$6.23 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against Binance−0.137%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.137%, 7d avg −0.019%
=Funding pays, the price is against you. Bitget is 0.118% cheaper against Binance than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.019%). If the spread goes back, that is −$12 on $10k: about 15 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.014% in total) that is about 59 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.23 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 | Binance KORUUSDT | 23.042 | −0.0280 | get 0.0280% / 8h | 4h 15m | $56.1M | $330.0M | 25x |
| Short | Bitget KORUUSDT | 23.010 | 0.0343 | get 0.0343% / 8h | 4h 15m | $53.5M | $57.8M | 20x |
Binance KORUUSDT
Bitget KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $130.83
- Price spread: −0.137% → −0.019%
- −$11.8
- Slippage, 4 orders
- −$13.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $83.83
- Costs to cover
- 0.352%
- Break-even
- 2.5 days
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 4 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 Binance live order book, 14 min ago | 2.17 bp | 7.2 bp −$7 | 10.9 bp −$109 | 24.2 bp −$2,416 | 79.4 bp −$39.7K |
| Sell Bitget live order book, 4 min ago | 0.43 bp | 10.9 bp −$11 | 24.2 bp −$242 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.0951% | 1h | 23.003 | −0.168% | $38K | $300K | 5x | as long as short |
| OKX KORU-USDT-SWAP | −0.0540% | 8h | 23.020 | −0.094% | $6.3M | $28.4M | 10x | as long as short |
| Bybit KORUUSDT | −0.0426% | 8h | 23.030 | −0.050% | $6.7M | $21.8M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0365% | 8h | 23.059 | +0.077% | $2K | $97K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0329% | 1h | 23.025 | −0.072% | $3.2M | $8.6M | 10x | as long as short |
| Binance KORUUSDTlong | −0.0280% | 8h | 23.042 | long leg | $56.1M | $330.0M | 25x | |
| Extended KORU-USD | −0.0280% | 1h | 23.022 | −0.084% | $6K | $208K | 5x | as long as short |
| MEXC KORU_USDT | −0.0278% | 8h | 23.020 | −0.094% | $12.4M | $20.8M | 50x | as long as short |
| KuCoin KORUUSDTM | −0.0243% | 8h | 23.040 | −0.007% | $444K | $976K | 20x | as long as short |
| edgeX KORUUSDC | −0.0117% | 4h | 23.059 | +0.077% | $462K | $313K | 10x | as long as short |
RISEx KORU/USDC
OKX KORU-USDT-SWAP
Bybit KORUUSDT
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
Extended KORU-USD
MEXC KORU_USDT
KuCoin KORUUSDTM
edgeX KORUUSDCShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0106% | 8h | 23.020 | −0.094% | $91K | $289K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 23.022 | −0.085% | $2.7M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 23.020 | −0.094% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.030 | −0.050% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 23.030 | −0.050% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 23.030 | −0.050% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.090 | +0.210% | $13K | $51K | 5x | as long as short |
| Bitget KORUUSDTshort | +0.0343% | 8h | 23.010 | −0.137% | $53.5M | $57.8M | 20x |
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P