Funding you earn now, next payment 04:00 UTC+0.0942%/8h= +103.2% APRpaid last 24h +0.006%
Price spread now: KuCoin against edgeX−0.073%113s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as 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−$1111.115% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now −0.073%, 7d avg −0.016%
=Together, before fees−0.094%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.057% cheaper against edgeX than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.016%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.167% in total) that is about 2.4 days. The two prices were read 113 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 0.167% in total (about 8.7% 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 | 22.767 | −0.0842 | get 0.0421% / 4h | 2h 37m | $456K | $307K | 10x |
| Short | KuCoin KORUUSDTM | 22.750 | 0.0100 | get 0.0100% / 8h | 6h 37m | $427K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $197.87
- Price spread: −0.073% → −0.016%
- −$5.66
- Slippage, 4 orders
- −$90.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $80.76
- Costs to cover
- 1.115%
- Break-even
- 4.1 days
Slippage from edgeX: live order book, 31 min ago; KuCoin: live order book, 2 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, 31 min ago | 8.68 bp | 15.4 bp −$15 | 47.2 bp −$472 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.21 bp | 35.9 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KORUUSDClong | −0.0842% | 4h | 22.767 | long leg | $456K | $307K | 10x | |
| tradeXYZ xyz:KORU | −0.0653% | 1h | 22.671 | −0.420% | $3.4M | $7.8M | 10x | as long as short |
| Bybit KORUUSDT | −0.0355% | 8h | 22.670 | −0.424% | $6.4M | $22.0M | 50x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.758 | −0.037% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.685 | −0.360% | $7K | $207K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.670 | −0.424% | $55.7M | $329.7M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.660 | −0.468% | $6.1M | $28.5M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.681 | −0.375% | $35K | $303K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.676 | −0.398% | $2.6M | $3.5M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.680 | −0.380% | $14.7M | $19.8M | 50x | 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 | 22.680 | −0.380% | — | $4.2M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.610 | −0.688% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.660 | −0.468% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.739 | −0.121% | — | — | 10x | as long as short |
| Bitget KORUUSDT | +0.0039% | 8h | 22.663 | −0.455% | $52.9M | $62.3M | 20x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.680 | −0.380% | $17K | $39K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0074% | 8h | 22.720 | −0.204% | $1K | $95K | 10x | as long as short |
| KuCoin KORUUSDTMshort | +0.0100% | 8h | 22.750 | −0.073% | $427K | $1.0M | 20x |
edgeX KORUUSDC
KuCoin KORUUSDTM
tradeXYZ xyz:KORU
Bybit KORUUSDT
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Bitget KORUUSDT
GRVT KORU_USDT_Perp