Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against KuCoin−0.044%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$940.945% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.044%, 7d avg −0.002%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KORUUSDTM | 22.580 | −0.0263 | get 0.0263% / 8h | 3h 37m | $430K | $954K | 20x |
| Short | MEXC KORU_USDT | 22.570 | −0.0278 | pay 0.0278% / 8h | 3h 37m | $15.2M | $21.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.15
- Price spread: −0.044% → −0.002%
- −$4.19
- Slippage, 4 orders
- −$82.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$101.81
- Costs to cover
- 0.945%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 12 min ago; MEXC: 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 KuCoin live order book, 12 min ago | 2.20 bp | 46.7 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.21 bp | 2.2 bp −$2 | 2.2 bp −$22 | 7.0 bp −$697 | 24.2 bp −$12.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KORU-USDT-SWAP | −0.0572% | 8h | 22.590 | +0.044% | $6.2M | $28.1M | 10x | as long as short |
| RISEx KORU/USDC | −0.0513% | 1h | 22.578 | −0.011% | $34K | $303K | 5x | as long as short |
| Extended KORU-USD | −0.0280% | 1h | 22.574 | −0.028% | $6K | $208K | 5x | as long as short |
| MEXC KORU_USDTshort | −0.0278% | 8h | 22.570 | −0.044% | $15.2M | $21.2M | 50x | |
| Binance KORUUSDT | −0.0276% | 8h | 22.586 | +0.025% | $54.6M | $335.9M | 25x | as long as short |
| KuCoin KORUUSDTMlong | −0.0263% | 8h | 22.580 | long leg | $430K | $954K | 20x | |
| Bybit KORUUSDT | −0.0257% | 8h | 22.590 | +0.044% | $6.5M | $21.9M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0200% | 8h | 22.605 | +0.111% | $2K | $99K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0157% | 1h | 22.559 | −0.093% | $3.1M | $8.8M | 10x | as long as short |
| Aster KORUUSDT | −0.0106% | 8h | 22.585 | +0.023% | $87K | $291K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.574 | −0.027% | $2.6M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.575 | −0.022% | $52.7M | $58.1M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.590 | +0.044% | — | $3.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.600 | +0.089% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.600 | +0.089% | $1.6M | $2.3M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.570 | −0.044% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.630 | +0.221% | $13K | $50K | 5x | as long as short |
| edgeX KORUUSDC | +0.0168% | 4h | 22.606 | +0.115% | $453K | $312K | 10x | as long as short |
KuCoin KORUUSDTM
MEXC KORU_USDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
Aster KORUUSDT
Gate KORU_USDT
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
edgeX KORUUSDC