Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.140%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 7 days+0.175%+$18 · spread now −0.140%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.153% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.185%, 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 | 22.852 | 0 | get 0.0000% / 8h | 6h 45m | $2.6M | $3.4M | 25x |
| Short | Bybit KORUUSDT | 22.820 | −0.0063 | pay 0.0063% / 8h | 6h 45m | $6.5M | $21.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$13.26
- Price spread: −0.140% → +0.013%
- −$15.34
- Slippage, 4 orders
- −$24.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.51
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago | 4.37 bp | 12.3 bp −$12 | 27.2 bp −$272 | 35.0 bp −$3,501 | 52.3 bp −$26.2K |
| Sell Bybit live order book, 3 min ago | 2.18 bp | 11.2 bp −$11 | 18.6 bp −$186 | 103.7 bp −$10.4K | 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 | −0.0357% | 1h | 22.847 | −0.022% | $2.9M | $7.5M | 10x | as long as short |
| Bybit KORUUSDTshort | −0.0063% | 8h | 22.820 | −0.140% | $6.5M | $21.8M | 50x | |
| Aster KORUUSDT | 0.0000% | 8h | 22.871 | +0.083% | $93K | $282K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.816 | −0.157% | $7K | $210K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.820 | −0.140% | $57.2M | $325.7M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.800 | −0.228% | $6.1M | $28.7M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.870 | +0.078% | $35K | $303K | 5x | as long as short |
| Gate KORU_USDTlong | 0.0000% | 8h | 22.852 | long leg | $2.6M | $3.4M | 25x | |
| MEXC KORU_USDT | 0.0000% | 8h | 22.850 | −0.009% | $14.6M | $19.6M | 50x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 22.800 | −0.228% | — | $4.2M | 10x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX KORU-USDT | 0.0000% | 8h | 22.890 | +0.166% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.790 | −0.271% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.829 | −0.101% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.860 | +0.035% | $19K | $27K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0100% | 8h | 22.870 | +0.079% | $449K | $1.0M | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 22.979 | +0.554% | $1K | $94K | 10x | as long as short |
| Bitget KORUUSDT | +0.0298% | 8h | 22.826 | −0.114% | $53.6M | $62.1M | 20x | as long as short |
| edgeX KORUUSDC | +0.0715% | 4h | 22.900 | +0.210% | $459K | $309K | 10x | as long as short |
Gate KORU_USDT
Bybit KORUUSDT
tradeXYZ xyz:KORU
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
MEXC KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp
Bitget KORUUSDT
edgeX KORUUSDC