Funding you earn now, next payment 06:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h +0.041%
Price spread now: Phemex against RISEx0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 4 days (all we have)−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now 0.000%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.081% in total (about -8.0% 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 | RISEx KORU/USDC | 22.210 | −0.0493 | get 0.0062% / 1h | 9m 44s | $28K | $308K | 5x |
| Short | Phemex KORUUSDT | 22.210 | 0 | get 0.0000% / 8h | 2h 09m | $1.6M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against RISEx. 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
- $103.58
- Price spread: 0.000% → +0.015%
- −$1.46
- Slippage, 4 orders
- −$105.44
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$21.32
- Costs to cover
- 1.234%
- Break-even
- 8.4 days
Slippage from RISEx: live order book, 38 min ago; Phemex: live order book, 4 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 RISEx live order book, 38 min ago | 2.01 bp | 5.0 bp −$5 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 11.32 bp | 58.4 bp −$58 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.1692% | 8h | 22.255 | +0.203% | $54.3M | $61.7M | 20x | as long as short |
| RISEx KORU/USDClong | −0.0493% | 1h | 22.210 | long leg | $28K | $308K | 5x | |
| OKX KORU-USDT-SWAP | −0.0388% | 8h | 22.270 | +0.270% | $6.2M | $30.1M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0234% | 8h | 22.270 | +0.270% | $410K | $917K | 20x | as long as short |
| Extended KORU-USD | −0.0136% | 1h | 22.231 | +0.093% | $6K | $179K | 5x | as long as short |
| MEXC KORU_USDT | −0.0133% | 8h | 22.270 | +0.270% | $12.0M | $22.6M | 50x | as long as short |
| Binance KORUUSDT | −0.0132% | 8h | 22.275 | +0.293% | $51.4M | $367.9M | 25x | as long as short |
| Bybit KORUUSDT | −0.0067% | 8h | 22.280 | +0.315% | $6.4M | $24.3M | 50x | as long as short |
| Aster KORUUSDT | −0.0048% | 8h | 22.270 | +0.270% | $67K | $336K | 50x | as long as short |
| Gate KORU_USDT | −0.0026% | 8h | 22.236 | +0.117% | $2.3M | $4.0M | 25x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0024% | 1h | 22.254 | +0.198% | $3.2M | $9.7M | 10x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.190 | −0.090% | — | $3.6M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.220 | +0.045% | $8K | $19K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 22.210 | 0.000% | $1.6M | $2.3M | 10x | |
| Lighter KORU | +0.0032% | 1h | 22.269 | +0.266% | — | — | 10x | as long as short |
| GRVT KORU_USDT_Perp | +0.0046% | 8h | 21.990 | −0.990% | $1K | $104K | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.250 | +0.180% | $11K | $64K | 5x | as long as short |
| edgeX KORUUSDC | +0.0880% | 4h | 22.076 | −0.601% | $442K | $313K | 10x | as long as short |
RISEx KORU/USDC
Phemex KORUUSDT
Bitget KORUUSDT
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
Extended KORU-USD
MEXC KORU_USDT
Binance KORUUSDT
Bybit KORUUSDT
Aster KORUUSDT
Gate KORU_USDT
tradeXYZ xyz:KORU
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
GRVT KORU_USDT_Perp
edgeX KORUUSDC