Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h +0.022%
Price spread now: Bitget against KuCoin−0.347%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1061.059% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.347%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.369% cheaper against KuCoin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KORUUSDTM | 22.740 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $427K | $1.0M | 20x |
| Short | Bitget KORUUSDT | 22.661 | 0.0039 | get 0.0039% / 8h | 6h 38m | $52.9M | $62.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$12.81
- Price spread: −0.347% → +0.021%
- −$36.86
- Slippage, 4 orders
- −$81.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.58
- Costs to cover
- 1.059%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 5 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 KuCoin live order book, 1 min ago | 2.21 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.44 bp | 12.2 bp −$12 | 25.1 bp −$251 | 36.0 bp −$3,596 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KORUUSDC | −0.0842% | 4h | 22.767 | +0.117% | $456K | $307K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0617% | 1h | 22.672 | −0.299% | $3.4M | $7.8M | 10x | as long as short |
| Bybit KORUUSDT | −0.0311% | 8h | 22.680 | −0.264% | $6.4M | $22.0M | 50x | as long as short |
| Aster KORUUSDT | 0.0000% | 8h | 22.735 | −0.024% | $92K | $288K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 22.665 | −0.331% | $7K | $210K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 22.673 | −0.296% | $55.7M | $329.5M | 25x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 22.670 | −0.308% | $6.1M | $28.6M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 22.681 | −0.259% | $35K | $303K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 22.676 | −0.281% | $2.6M | $3.5M | 25x | as long as short |
| MEXC KORU_USDT | 0.0000% | 8h | 22.690 | −0.220% | $14.7M | $19.8M | 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 | 22.670 | −0.308% | — | $4.2M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 22.610 | −0.572% | $8K | $17K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 22.650 | −0.396% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 22.739 | −0.004% | — | — | 10x | as long as short |
| Bitget KORUUSDTshort | +0.0039% | 8h | 22.661 | −0.347% | $52.9M | $62.2M | 20x | |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 22.680 | −0.264% | $17K | $39K | 5x | as long as short |
| GRVT KORU_USDT_Perp | +0.0074% | 8h | 22.720 | −0.088% | $1K | $95K | 10x | as long as short |
| KuCoin KORUUSDTMlong | +0.0100% | 8h | 22.740 | long leg | $427K | $1.0M | 20x |
KuCoin KORUUSDTM
Bitget KORUUSDT
edgeX KORUUSDC
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
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
GRVT KORU_USDT_Perp