Funding you earn now, next payment 04:00 UTC−0.0602%/8h= −65.9% APRpaid last 24h −0.024%
Price spread now: Phemex against edgeX+0.073%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 3 days (all we have)−0.146%−$15 · spread now +0.073%, 7d avg +0.021%
=Together, before fees−0.303%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.052% dearer against edgeX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.021%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.157% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% 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 | edgeX KORUUSDC | 23.073 | 0.0602 | pay 0.0301% / 4h | 3h 24m | $462K | $306K | 10x |
| Short | Phemex KORUUSDT | 23.090 | 0 | get 0.0000% / 8h | 7h 24m | $1.6M | $2.4M | 10x |
edgeX KORUUSDC
Phemex KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$126.4
- Price spread: +0.073% → +0.021%
- $5.22
- Slippage, 4 orders
- −$108.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$250.27
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 49 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 edgeX live order book, 49 min ago | 8.81 bp | 15.1 bp −$15 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.18 bp | 57.6 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KORU | −0.0744% | 1h | 23.034 | −0.169% | $3.2M | $6.4M | 10x | as long as short |
| Bybit KORUUSDT | −0.0018% | 8h | 23.050 | −0.100% | $6.5M | $21.8M | 50x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 23.063 | −0.045% | $83K | $261K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 23.097 | +0.104% | $6K | $234K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 23.050 | −0.100% | $58.5M | $323.2M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 23.040 | −0.143% | $6.2M | $29.5M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 23.070 | −0.013% | $35K | $306K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 23.069 | −0.018% | $2.7M | $3.4M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 23.060 | −0.057% | $15.3M | $21.5M | 50x | as long as short |
| Bitget KORUUSDT | 0.0000% | 8h | 23.040 | −0.143% | $54.0M | $64.1M | 20x | as long as short |
tradeXYZ xyz:KORU
Bybit KORUUSDT
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USDT
Bitget KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX KORU-USDT | 0.0000% | 8h | 23.110 | +0.160% | — | $4.4M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.110 | +0.160% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDTshort | 0.0000% | 8h | 23.090 | +0.073% | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 23.059 | −0.061% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.120 | +0.203% | $20K | $17K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 23.080 | +0.030% | $480K | $1.1M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 23.101 | +0.122% | $2K | $94K | 10x | as long as short |
| edgeX KORUUSDClong | +0.0602% | 4h | 23.073 | long leg | $462K | $306K | 10x |
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp