Funding you earn now, next payment 08:00 UTC−0.0194%/8h= −21.3% APRnext payment −$1.94 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.013%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now +0.013%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.020% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.219%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KORU_USDT | 22.927 | 0 | get 0.0000% / 8h | 5h 07m | $2.6M | $3.6M | 25x |
| Short | Binance KORUUSDT | 22.930 | −0.0194 | pay 0.0194% / 8h | 5h 07m | $55.6M | $327.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$40.81
- Price spread: +0.013% → +0.033%
- −$2
- Slippage, 4 orders
- −$20.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.37
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 6 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 Gate live order book, 5 min ago | 4.58 bp | 16.3 bp −$16 | 30.0 bp −$300 | 42.1 bp −$4,213 | 58.8 bp −$29.4K |
| Sell Binance live order book, 6 min ago | 2.18 bp | 7.2 bp −$7 | 9.3 bp −$93 | 24.8 bp −$2,481 | 87.9 bp −$44.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.1847% | 1h | 22.934 | +0.030% | $41K | $300K | 5x | as long as short |
| Bybit KORUUSDT | −0.0711% | 8h | 22.930 | +0.013% | $6.5M | $21.7M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0697% | 8h | 22.940 | +0.056% | $2K | $96K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0620% | 1h | 22.929 | +0.009% | $3.1M | $8.3M | 10x | as long as short |
| edgeX KORUUSDC | −0.0586% | 4h | 22.931 | +0.017% | $459K | $310K | 10x | as long as short |
| OKX KORU-USDT-SWAP | −0.0428% | 8h | 22.920 | −0.031% | $6.1M | $28.3M | 10x | as long as short |
| KuCoin KORUUSDTM | −0.0203% | 8h | 22.930 | +0.013% | $436K | $1.0M | 20x | as long as short |
| Binance KORUUSDTshort | −0.0194% | 8h | 22.930 | +0.013% | $55.6M | $327.3M | 25x | |
| Extended KORU-USD | −0.0192% | 1h | 22.934 | +0.030% | $6K | $209K | 5x | as long as short |
| MEXC KORU_USD1 | −0.0190% | 8h | 22.920 | −0.031% | $12.1M | $84K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0073% | 8h | 22.924 | −0.012% | $90K | $289K | 50x | as long as short |
| Ondo Perps KORU-USD.P | −0.0005% | 1h | 22.910 | −0.074% | $13K | $51K | 5x | as long as short |
| Gate KORU_USDTlong | 0.0000% | 8h | 22.927 | long leg | $2.6M | $3.6M | 25x | |
| SunX KORU-USDT | 0.0000% | 8h | 22.960 | +0.144% | — | $3.9M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.930 | +0.013% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.930 | +0.013% | $1.6M | $2.4M | 10x | as long as short |
| Bitget KORUUSDT | +0.0027% | 8h | 22.915 | −0.052% | $53.3M | $58.6M | 20x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.950 | +0.100% | — | — | 10x | as long as short |
Gate KORU_USDT
Binance KORUUSDT
RISEx KORU/USDC
Bybit KORUUSDT
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
edgeX KORUUSDC
OKX KORU-USDT-SWAP
KuCoin KORUUSDTM
Extended KORU-USD
MEXC KORU_USD1
Aster KORUUSDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Bitget KORUUSDT
Lighter KORU