Funding you earn now, next payment 08:00 UTC−0.0487%/8h= −53.4% APRnext payment −$4.87 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.002%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.002%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.87 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 | Binance KORUUSDT | 22.961 | −0.0197 | get 0.0197% / 8h | 5h 05m | $55.7M | $327.3M | 25x |
| Short | Bybit KORUUSDT | 22.960 | −0.0684 | pay 0.0684% / 8h | 5h 05m | $6.5M | $21.7M | 50x |
Binance KORUUSDT
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$102.32
- Price spread: −0.002% → −0.020%
- $1.76
- Slippage, 4 orders
- −$14.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.75
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 3 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 Binance live order book, 8 min ago | 2.18 bp | 7.2 bp −$7 | 10.3 bp −$103 | 22.8 bp −$2,283 | 75.5 bp −$37.8K |
| Sell Bybit live order book, 3 min ago | 2.18 bp | 9.6 bp −$10 | 24.4 bp −$244 | 140.2 bp −$14.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.959 | −0.008% | $41K | $299K | 5x | as long as short |
| Bybit KORUUSDTshort | −0.0684% | 8h | 22.960 | −0.002% | $6.5M | $21.7M | 50x | |
| GRVT KORU_USDT_Perp | −0.0681% | 8h | 22.928 | −0.141% | $2K | $96K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0595% | 1h | 22.964 | +0.015% | $3.1M | $8.3M | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0430% | 8h | 22.950 | −0.046% | $6.1M | $28.4M | 10x | as long as short |
| Extended KORU-USD | −0.0200% | 1h | 22.955 | −0.026% | $6K | $209K | 5x | as long as short |
| KuCoin KORUUSDTM | −0.0197% | 8h | 22.950 | −0.046% | $436K | $1.0M | 20x | as long as short |
| Binance KORUUSDTlong | −0.0197% | 8h | 22.961 | long leg | $55.7M | $327.3M | 25x | |
| MEXC KORU_USD1 | −0.0196% | 8h | 22.960 | −0.002% | $12.1M | $84K | 20x | as long as short |
| Aster KORUUSDT | −0.0073% | 8h | 22.951 | −0.040% | $90K | $289K | 50x | as long as short |
RISEx KORU/USDC
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
OKX KORU-USDT-SWAP
Extended KORU-USD
KuCoin KORUUSDTM
MEXC KORU_USD1
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 22.946 | −0.063% | $2.6M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.980 | +0.085% | — | $3.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.960 | −0.002% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.940 | −0.089% | $1.6M | $2.4M | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0002% | 1h | 22.910 | −0.220% | $13K | $51K | 5x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.969 | +0.037% | — | — | 10x | as long as short |
| Bitget KORUUSDT | +0.0039% | 8h | 22.939 | −0.094% | $53.3M | $58.6M | 20x | as long as short |
| edgeX KORUUSDC | +0.0183% | 4h | 22.930 | −0.132% | $459K | $311K | 10x | as long as short |
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Ondo Perps KORU-USD.P
Lighter KORU
Bitget KORUUSDT
edgeX KORUUSDC