KORU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.87 per $10,000 · paid last 24h −0.030%

Price spread now: Phemex against KuCoin−0.087%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1841.844% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.325%−$33 on $10k

Price spread, last 3 days (all we have)−0.046%−$5 · spread now −0.087%, 7d avg +0.032%

Together, before fees−0.372%−$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.119% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.032%). If the spread goes back, that is −$12 on $10k: about 4.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.325%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.900	−0.0087	get 0.0087% / 8h	5h 49m	$435K	$1.0M	20x
Short	Phemex KORUUSDT	22.880	0	get 0.0000% / 8h	5h 49m	$1.6M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now −0.087%Rate

Funding earned: $18.27
Price spread: −0.087% → +0.032%: −$11.91
Slippage, 4 orders: −$160.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$178.01
Costs to cover: 1.844%
Break-even: 75.2 days

Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	2.18 bp	43.1 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	4.37 bp	47.5 bp −$47	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
RISEx KORU/USDC	−0.1847%	1h	22.901	+0.006%	$37K	$304K	5x	as long as short
tradeXYZ xyz:KORU	−0.1233%	1h	22.919	+0.083%	$3.1M	$8.1M	10x	as long as short
Bybit KORUUSDT	−0.1036%	8h	22.920	+0.087%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0978%	8h	22.898	−0.010%	$2K	$96K	10x	as long as short
edgeX KORUUSDC	−0.0588%	4h	22.893	−0.030%	$458K	$310K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0306%	8h	22.910	+0.044%	$6.2M	$28.6M	10x	as long as short
Ondo Perps KORU-USD.P	−0.0297%	1h	22.930	+0.131%	$13K	$50K	5x	as long as short
HTX KORU-USDT	−0.0178%	8h	22.970	+0.306%	$8K	$17K	10x	as long as short
Gate KORU_USDT	−0.0152%	8h	22.911	+0.048%	$2.6M	$3.6M	25x	as long as short
KuCoin KORUUSDTMlong	−0.0087%	8h	22.900	long leg	$435K	$1.0M	20x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KORUUSDT	−0.0050%	8h	22.920	+0.087%	$55.9M	$325.6M	25x	as long as short
Extended KORU-USD	−0.0048%	1h	22.904	+0.017%	$6K	$206K	5x	as long as short
MEXC KORU_USDT	−0.0035%	8h	22.910	+0.044%	$16.7M	$19.6M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.908	+0.034%	$91K	$288K	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.889	−0.048%	$53.2M	$58.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.970	+0.306%	—	$4.0M	10x	as long as short
Phemex KORUUSDTshort	0.0000%	8h	22.880	−0.087%	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	22.960	+0.262%	—	—	10x	as long as short