Funding you earn now, next payment 04:00 UTC−0.0895%/8h= −98.0% APRpaid last 24h −0.024%
Price spread now: Gate against edgeX−0.142%52s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as 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−$630.628% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.142%, 7d avg −0.004%
=Together, before fees−0.065%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Gate is 0.138% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 52 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 -0.113% in total (about -5.9% 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 | edgeX KORUUSDC | 22.803 | 0.0895 | pay 0.0447% / 4h | 3h 50m | $456K | $307K | 10x |
| Short | Gate KORU_USDT | 22.771 | 0 | get 0.0000% / 8h | 7h 50m | $2.7M | $3.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- −$187.9
- Price spread: −0.142% → −0.004%
- −$13.78
- Slippage, 4 orders
- −$38.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$264.52
- Costs to cover
- 0.628%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 23 min ago; Gate: live order book, 3 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 edgeX live order book, 23 min ago | 8.81 bp | 15.1 bp −$15 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 6.36 bp | 15.7 bp −$16 | 36.3 bp −$363 | 71.1 bp −$7,105 | 96.7 bp −$48.4K |
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:KORU | −0.0925% | 1h | 22.817 | +0.060% | $3.2M | $6.6M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.775 | −0.124% | $83K | $261K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.775 | −0.124% | $21K | $181K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.809 | +0.023% | $57.7M | $328.9M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.820 | +0.073% | $6.5M | $22.2M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.810 | +0.029% | $6.0M | $29.8M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.791 | −0.054% | $32K | $306K | 5x | as long as short |
| Gate KORU_USDTshort | 0.0000% | 8h | 22.771 | −0.142% | $2.7M | $3.3M | 25x | |
| MEXC KORU_USDT | 0.0000% | 8h | 22.770 | −0.146% | $13.8M | $20.9M | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.778 | −0.111% | $53.1M | $66.1M | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 22.790 | −0.059% | — | $4.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.810 | +0.029% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.800 | −0.015% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.769 | −0.151% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.770 | −0.146% | $19K | $13K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.780 | −0.103% | $483K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.800 | −0.016% | $1K | $97K | 10x | as long as short |
| edgeX KORUUSDClong | +0.0895% | 4h | 22.803 | long leg | $456K | $307K | 10x |
edgeX KORUUSDC
Gate KORU_USDT
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp