Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.334%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.334%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.340% cheaper against KuCoin than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KORUUSDTM | 22.730 | 0.0100 | pay 0.0100% / 8h | 6h 36m | $427K | $1.0M | 20x |
| Short | Gate KORU_USDT | 22.654 | 0 | get 0.0000% / 8h | 6h 36m | $2.6M | $3.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$21
- Price spread: −0.334% → +0.005%
- −$33.97
- Slippage, 4 orders
- −$95.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$177.65
- Costs to cover
- 1.227%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: 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 KuCoin live order book, 3 min ago | 2.21 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.73 bp | 18.5 bp −$18 | 45.7 bp −$457 | 69.4 bp −$6,936 | 93.9 bp −$47.0K |
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 | −0.0708% | 1h | 22.686 | −0.194% | $3.4M | $7.8M | 10x | as long as short |
| Bybit KORUUSDT | −0.0409% | 8h | 22.680 | −0.220% | $6.4M | $22.0M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0038% | 8h | 22.660 | −0.308% | $1K | $95K | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.749 | +0.083% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.654 | −0.333% | $7K | $207K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.670 | −0.264% | $55.7M | $329.1M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.680 | −0.220% | $6.1M | $28.6M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.663 | −0.297% | $34K | $303K | 5x | as long as short |
| Gate KORU_USDTshort | 0.0000% | 8h | 22.654 | −0.334% | $2.6M | $3.5M | 25x | |
| MEXC KORU_USDT | 0.0000% | 8h | 22.680 | −0.220% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.675 | −0.242% | $53.0M | $62.2M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.670 | −0.264% | — | $4.2M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.650 | −0.352% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.640 | −0.396% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.727 | −0.013% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.720 | −0.044% | $17K | $39K | 5x | as long as short |
| KuCoin KORUUSDTMlong | +0.0100% | 8h | 22.730 | long leg | $427K | $1.0M | 20x | |
| edgeX KORUUSDC | +0.0861% | 4h | 22.636 | −0.413% | $453K | $308K | 10x | as long as short |
KuCoin KORUUSDTM
Gate KORU_USDT
tradeXYZ xyz:KORU
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
MEXC KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC