Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.010%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.010%, 7d avg +0.020%
=Funding pays, the price is against you. Binance is 0.030% cheaper against Bybit than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.020%). If the spread goes back, that is −$3 on $10k: about 8.0 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KORUUSDT | 22.720 | −0.0281 | get 0.0281% / 8h | 3h 45m | $6.6M | $21.7M | 50x |
| Short | Binance KORUUSDT | 22.718 | −0.0269 | pay 0.0269% / 8h | 3h 45m | $54.7M | $333.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $2.6
- Price spread: −0.010% → +0.020%
- −$2.97
- Slippage, 4 orders
- −$9.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.32
- Costs to cover
- 0.310%
- Break-even
- 91.2 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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 Bybit live order book, 3 min ago | 2.19 bp | 8.9 bp −$9 | 23.4 bp −$234 | 126.4 bp −$12.6K | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.19 bp | 7.2 bp −$7 | 9.3 bp −$93 | 23.8 bp −$2,376 | 78.0 bp −$39.0K |
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 | −0.0563% | 8h | 22.700 | −0.088% | $6.2M | $28.0M | 10x | as long as short |
| RISEx KORU/USDC | −0.0513% | 1h | 22.714 | −0.026% | $34K | $301K | 5x | as long as short |
| Bybit KORUUSDTlong | −0.0281% | 8h | 22.720 | long leg | $6.6M | $21.7M | 50x | |
| Extended KORU-USD | −0.0272% | 1h | 22.709 | −0.047% | $6K | $208K | 5x | as long as short |
| Binance KORUUSDTshort | −0.0269% | 8h | 22.718 | −0.010% | $54.7M | $333.7M | 25x | |
| MEXC KORU_USDT | −0.0268% | 8h | 22.720 | 0.000% | $15.3M | $21.1M | 50x | as long as short |
| KuCoin KORUUSDTM | −0.0247% | 8h | 22.750 | +0.132% | $438K | $958K | 20x | as long as short |
| GRVT KORU_USDT_Perp | −0.0220% | 8h | 22.770 | +0.220% | $1K | $98K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0169% | 1h | 22.709 | −0.048% | $3.1M | $8.7M | 10x | as long as short |
| Aster KORUUSDT | −0.0098% | 8h | 22.761 | +0.181% | $88K | $290K | 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 | 22.738 | +0.079% | $2.6M | $3.6M | 25x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 22.699 | −0.092% | $52.9M | $57.9M | 20x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.770 | +0.220% | — | $3.7M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.770 | +0.220% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.730 | +0.044% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.730 | +0.044% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.770 | +0.220% | $13K | $50K | 5x | as long as short |
| edgeX KORUUSDC | +0.0274% | 4h | 22.765 | +0.199% | $456K | $313K | 10x | as long as short |
Bybit KORUUSDT
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Extended KORU-USD
MEXC KORU_USDT
KuCoin KORUUSDTM
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