Funding you earn now, next payment 16:00 UTC−0.1070%/8h= −117.2% APRnext payment −$10.70 per $10,000 · paid last 24h −0.288%
Price spread now: Bitget against Bybit+0.032%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.032%, 7d avg −0.002%
=The price spread pays, funding is against you. Bitget is 0.034% dearer against Bybit than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.002%): +$3 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.117% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.70 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KORUUSDT | 22.210 | 0 | get 0.0000% / 8h | 4h 26m | $5.7M | $27.8M | 50x |
| Short | Bitget KORUUSDT | 22.217 | −0.1070 | pay 0.1070% / 8h | 4h 26m | $52.0M | $81.5M | 20x |
Bybit KORUUSDT
Bitget KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$224.7
- Price spread: +0.032% → −0.002%
- $3.36
- Slippage, 4 orders
- −$18.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$263.2
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from Bybit: live order book, just now; Bitget: 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 Bybit live order book, just now | 2.25 bp | 9.8 bp −$10 | 20.4 bp −$204 | 103.7 bp −$10.4K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.12 bp | 11.6 bp −$12 | 25.7 bp −$257 | doesn't fit | doesn't fit |
KORU on 18 exchanges
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 KORUUSDTshort | −0.1070% | 8h | 22.217 | +0.032% | $52.0M | $81.5M | 20x | |
| tradeXYZ xyz:KORU | −0.0086% | 1h | 22.208 | −0.009% | $3.3M | $10.5M | 10x | as long as short |
| RISEx KORU/USDC | −0.0037% | 1h | 22.229 | +0.085% | $34K | $334K | 5x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.216 | +0.028% | $57K | $328K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.235 | +0.111% | $8K | $177K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.227 | +0.077% | $47.5M | $423.5M | 25x | as long as short |
| Bybit KORUUSDTlong | 0.0000% | 8h | 22.210 | long leg | $5.7M | $27.8M | 50x | |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.200 | −0.045% | $6.3M | $37.2M | 10x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.216 | +0.027% | $2.4M | $4.6M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.220 | +0.045% | $15.8M | $26.9M | 50x | as long as short |
tradeXYZ xyz:KORU
RISEx KORU/USDC
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
Gate KORU_USDT
MEXC KORU_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 22.230 | +0.090% | — | $2.5M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.230 | +0.090% | $8K | $21K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.260 | +0.225% | $1.6M | $2.1M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.224 | +0.063% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.180 | −0.135% | $13K | $73K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.220 | +0.045% | $409K | $829K | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.209 | −0.005% | $1K | $96K | 10x | as long as short |
| edgeX KORUUSDC | +0.0595% | 4h | 22.182 | −0.124% | $444K | $316K | 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
edgeX KORUUSDC