Funding you earn now, next payment 00:00 UTC−0.0373%/8h= −40.9% APRpaid last 24h −0.061%
Price spread now: Phemex against edgeX+0.121%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 3 days (all we have)−0.221%−$22 · spread now +0.121%, 7d avg +0.026%
=Together, before fees−0.440%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.096% dearer against edgeX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.026%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.218% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.218% in total (about -11.4% 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 | 22.712 | 0.0373 | pay 0.0187% / 4h | 36m 30s | $455K | $305K | 10x |
| Short | Phemex KORUUSDT | 22.740 | 0 | get 0.0000% / 8h | 36m 30s | $1.6M | $2.4M | 10x |
edgeX KORUUSDC
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$78.34
- Price spread: +0.121% → +0.026%
- $9.56
- Slippage, 4 orders
- −$128.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$218.22
- Costs to cover
- 1.494%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; Phemex: 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, 42 min ago | 8.86 bp | 14.6 bp −$15 | 49.9 bp −$499 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.20 bp | 62.6 bp −$63 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0097% | 1h | 22.720 | +0.033% | $3.2M | $7.5M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.739 | +0.117% | $83K | $264K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.736 | +0.104% | $19K | $179K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.740 | +0.121% | $57.1M | $340.4M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 22.760 | +0.209% | $6.1M | $22.7M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.740 | +0.121% | $6.0M | $30.9M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.737 | +0.106% | $29K | $313K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.734 | +0.095% | $2.5M | $3.2M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.740 | +0.121% | $14.2M | $20.3M | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.736 | +0.104% | $52.6M | $74.0M | 20x | as long as short |
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 22.710 | −0.011% | — | $5.0M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.740 | +0.121% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.740 | +0.121% | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.729 | +0.073% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.690 | −0.099% | $19K | $12K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.730 | +0.077% | $483K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.720 | +0.033% | $2K | $101K | 10x | as long as short |
| edgeX KORUUSDClong | +0.0373% | 4h | 22.712 | long leg | $455K | $305K | 10x |
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp