Funding you earn now, next payment 08:00 UTC−0.0297%/8h= −32.5% APRnext payment −$2.97 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.043%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.043%, 7d avg +0.014%
=The price spread pays, funding is against you. Bybit is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.014%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.095% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 per $10,000. 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 | KuCoin KORUUSDTM | 23.030 | −0.0205 | get 0.0205% / 8h | 4h 36m | $443K | $984K | 20x |
| Short | Bybit KORUUSDT | 23.040 | −0.0502 | pay 0.0502% / 8h | 4h 36m | $6.8M | $21.7M | 50x |
KuCoin KORUUSDTM
Bybit KORUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$62.34
- Price spread: +0.043% → +0.014%
- $2.93
- Slippage, 4 orders
- −$69.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.8
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 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 KuCoin live order book, 18 min ago | 4.35 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.17 bp | 8.5 bp −$9 | 16.2 bp −$162 | 126.1 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx KORU/USDC | −0.0951% | 1h | 23.009 | −0.091% | $40K | $300K | 5x | as long as short |
| Bybit KORUUSDTshort | −0.0502% | 8h | 23.040 | +0.043% | $6.8M | $21.7M | 50x | |
| OKX KORU-USDT-SWAP | −0.0496% | 8h | 23.020 | −0.043% | $6.2M | $28.2M | 10x | as long as short |
| GRVT KORU_USDT_Perp | −0.0481% | 8h | 23.031 | +0.006% | $1K | $97K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0355% | 1h | 23.034 | +0.017% | $3.1M | $8.3M | 10x | as long as short |
| edgeX KORUUSDC | −0.0320% | 4h | 22.998 | −0.139% | $461K | $311K | 10x | as long as short |
| Extended KORU-USD | −0.0256% | 1h | 23.025 | −0.023% | $7K | $205K | 5x | as long as short |
| Binance KORUUSDT | −0.0252% | 8h | 23.033 | +0.013% | $56.5M | $328.9M | 25x | as long as short |
| MEXC KORU_USD1 | −0.0251% | 8h | 23.030 | 0.000% | $12.1M | $83K | 20x | as long as short |
| KuCoin KORUUSDTMlong | −0.0205% | 8h | 23.030 | long leg | $443K | $984K | 20x |
RISEx KORU/USDC
OKX KORU-USDT-SWAP
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
edgeX KORUUSDC
Extended KORU-USD
Binance KORUUSDT
MEXC KORU_USD1Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KORUUSDT | −0.0096% | 8h | 23.025 | −0.021% | $91K | $288K | 50x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 23.021 | −0.039% | $2.7M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 23.020 | −0.043% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.030 | 0.000% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 23.020 | −0.043% | $1.6M | $2.4M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 23.050 | +0.087% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.030 | 0.000% | $13K | $51K | 5x | as long as short |
| Bitget KORUUSDT | +0.0151% | 8h | 23.017 | −0.056% | $53.5M | $57.6M | 20x | as long as short |
Aster KORUUSDT
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
Ondo Perps KORU-USD.P
Bitget KORUUSDT