Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance0.000%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now 0.000%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KORUUSDT | 21.860 | 0 | get 0.0000% / 8h | 6h 55m | $47.9M | $388.7M | 25x |
| Short | KuCoin KORUUSDTM | 21.860 | 0.0100 | get 0.0100% / 8h | 6h 55m | $400K | $866K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: 0.000% → −0.035%
- $3.53
- Slippage, 4 orders
- −$87.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$84.64
- Costs to cover
- 1.092%
- Break-even
- 35.2 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 19 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, 4 min ago | 2.27 bp | 7.3 bp −$7 | 11.0 bp −$110 | 30.9 bp −$3,090 | 111.5 bp −$55.7K |
| Sell KuCoin live order book, 19 min ago | 2.33 bp | 44.7 bp −$45 | 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 | −0.2330% | 8h | 21.863 | +0.014% | $53.3M | $69.5M | 20x | as long as short |
| tradeXYZ xyz:KORU | −0.0006% | 1h | 21.838 | −0.101% | $3.5M | $10.4M | 10x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 21.900 | +0.183% | $62K | $322K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 21.862 | +0.007% | $7K | $174K | 5x | as long as short |
| Binance KORUUSDTlong | 0.0000% | 8h | 21.860 | long leg | $47.9M | $388.7M | 25x | |
| Bybit KORUUSDT | 0.0000% | 8h | 21.850 | −0.046% | $6.5M | $24.6M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 21.860 | 0.000% | $6.0M | $31.9M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 21.890 | +0.137% | $28K | $298K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.877 | +0.078% | $2.9M | $3.9M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 21.870 | +0.046% | $11.8M | $22.8M | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 21.840 | −0.091% | — | $2.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 21.880 | +0.091% | $8K | $21K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 21.850 | −0.046% | $1.5M | $2.1M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 21.834 | −0.119% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.990 | +0.595% | $13K | $71K | 5x | as long as short |
| KuCoin KORUUSDTMshort | +0.0100% | 8h | 21.860 | 0.000% | $400K | $866K | 20x | |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.000 | +0.640% | $2K | $98K | 10x | as long as short |
| edgeX KORUUSDC | +0.0144% | 4h | 21.985 | +0.573% | $440K | $315K | 10x | as long as short |
Binance KORUUSDT
KuCoin KORUUSDTM
Bitget KORUUSDT
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
GRVT KORU_USDT_Perp
edgeX KORUUSDC