KORU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.91 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Phemex−0.044%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1891.890% of the position

Long on Phemex Short on KuCoin

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)+0.177%+$18 · spread now −0.044%, 7d avg −0.032%

Together, before fees+0.503%+$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.325%, 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	Phemex KORUUSDT	22.900	0	get 0.0000% / 8h	5h 49m	$1.6M	$2.4M	10x
Short	KuCoin KORUUSDTM	22.890	−0.0091	pay 0.0091% / 8h	5h 49m	$435K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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 PhemexbpFee KuCoinbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$19.11
Price spread: −0.044% → −0.032%: −$1.2
Slippage, 4 orders: −$165.01
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$209.31
Costs to cover: 1.890%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, just now.

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 Phemex live order book, 4 min ago	4.37 bp	50.8 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, just now	2.18 bp	46.6 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	22.906	+0.026%	$37K	$304K	5x	as long as short
tradeXYZ xyz:KORU	−0.1223%	1h	22.886	−0.061%	$3.1M	$8.1M	10x	as long as short
Bybit KORUUSDT	−0.1026%	8h	22.900	0.000%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0982%	8h	22.930	+0.129%	$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	−0.0311%	8h	22.880	−0.087%	$6.2M	$28.6M	10x	as long as short
Ondo Perps KORU-USD.P	−0.0292%	1h	22.930	+0.131%	$13K	$50K	5x	as long as short
HTX KORU-USDT	−0.0180%	8h	22.920	+0.087%	$8K	$17K	10x	as long as short
Gate KORU_USDT	−0.0138%	8h	22.909	+0.039%	$2.6M	$3.6M	25x	as long as short
KuCoin KORUUSDTMshort	−0.0091%	8h	22.890	−0.044%	$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	22.900	0.000%	$55.9M	$325.6M	25x	as long as short
Extended KORU-USD	−0.0048%	1h	22.894	−0.027%	$6K	$206K	5x	as long as short
MEXC KORU_USDT	−0.0045%	8h	22.890	−0.044%	$16.6M	$19.6M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.888	−0.052%	$91K	$288K	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.875	−0.109%	$53.2M	$58.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.980	+0.349%	—	$4.0M	10x	as long as short
Phemex KORUUSDTlong	0.0000%	8h	22.900	long leg	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	22.929	+0.127%	—	—	10x	as long as short