Funding you earn now, next payment 02:00 UTC+0.0974%/8h= +106.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.088%
Price spread now: Extended against tradeXYZ−0.016%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.016%, 7d avg +0.095%
=Together, before fees+0.279%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.112% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.095%). If the spread goes back, that is −$11 on $10k: about 9 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.197% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 per $10,000. 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 | tradeXYZ xyz:KORU | 22.728 | −0.0974 | get 0.0122% / 1h | 14m 25s | $3.2M | $7.9M | 10x |
| Short | Extended KORU-USD | 22.724 | 0 | get 0.0000% / 1h | 14m 25s | $6K | $211K | 5x |
tradeXYZ xyz:KORU
Extended KORU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against tradeXYZ. 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
- $204.55
- Price spread: −0.016% → +0.095%
- −$11.15
- Slippage, 4 orders
- −$12.63
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $157.76
- Costs to cover
- 0.356%
- Break-even
- 1.6 days
Slippage from tradeXYZ: live order book, 4 min ago; Extended: live order book, 52 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 tradeXYZ live order book, 4 min ago | 0.88 bp | 12.6 bp −$13 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Extended live order book, 52 min ago | 3.04 bp | 5.8 bp −$6 | 9.8 bp −$98 | 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:KORUlong | −0.0974% | 1h | 22.728 | long leg | $3.2M | $7.9M | 10x | |
| Bybit KORUUSDT | −0.0805% | 8h | 22.730 | +0.009% | $6.5M | $21.9M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0591% | 8h | 22.679 | −0.215% | $2K | $95K | 10x | as long as short |
| Gate KORU_USDT | −0.0212% | 8h | 22.725 | −0.013% | $2.6M | $3.6M | 25x | as long as short |
| OKX KORU-USDT-SWAP | −0.0064% | 8h | 22.730 | +0.009% | $6.1M | $28.5M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.782 | +0.239% | $92K | $290K | 50x | as long as short |
| Extended KORU-USDshort | 0.0000% | 1h | 22.724 | −0.016% | $6K | $211K | 5x | |
| Binance KORUUSDT | 0.0000% | 8h | 22.730 | +0.009% | $55.5M | $328.2M | 25x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.725 | −0.013% | $36K | $303K | 5x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.740 | +0.053% | $14.7M | $19.9M | 50x | as long as short |
Bybit KORUUSDT
GRVT KORU_USDT_Perp
Gate KORU_USDT
OKX KORU-USDT-SWAP
Aster KORUUSDT
Binance KORUUSDT
RISEx KORU/USDC
MEXC KORU_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | 0.0000% | 8h | 22.730 | +0.009% | $53.0M | $59.9M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.770 | +0.185% | — | $4.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.720 | −0.035% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.720 | −0.035% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.769 | +0.180% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.790 | +0.273% | $16K | $43K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.720 | −0.035% | $430K | $1.0M | 20x | as long as short |
| edgeX KORUUSDC | +0.0549% | 4h | 22.668 | −0.265% | $454K | $310K | 10x | as long as short |
Bitget KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
edgeX KORUUSDC