Funding you earn now, next payment 04:00 UTC−0.0951%/8h= −104.1% APRpaid last 24h −0.023%
Price spread now: RISEx against Phemex−0.004%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
Funding, last 4 days (all we have)+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.004%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.099% in total (about 10.1% a year). A funding rate is set anew for every payment. 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 | Phemex KORUUSDT | 23.040 | 0 | get 0.0000% / 8h | 4h 10m | $1.6M | $2.4M | 10x |
| Short | RISEx KORU/USDC | 23.039 | −0.0951 | pay 0.0119% / 1h | 10m 53s | $38K | $300K | 5x |
Phemex KORUUSDT
RISEx KORU/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phemex. 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
- −$199.7
- Price spread: −0.004% → −0.014%
- $0.96
- Slippage, 4 orders
- −$103.56
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$320.31
- Costs to cover
- 1.216%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; RISEx: live order book, 47 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 Phemex live order book, 3 min ago | 6.51 bp | 53.8 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 47 min ago | 2.39 bp | 5.4 bp −$5 | 10.0 bp −$100 | 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/USDCshort | −0.0951% | 1h | 23.039 | −0.004% | $38K | $300K | 5x | |
| OKX KORU-USDT-SWAP | −0.0534% | 8h | 23.050 | +0.043% | $6.3M | $28.4M | 10x | as long as short |
| Bybit KORUUSDT | −0.0410% | 8h | 23.060 | +0.087% | $6.7M | $21.8M | 50x | as long as short |
| GRVT KORU_USDT_Perp | −0.0352% | 8h | 23.039 | −0.004% | $2K | $97K | 10x | as long as short |
| tradeXYZ xyz:KORU | −0.0311% | 1h | 23.056 | +0.069% | $3.2M | $8.6M | 10x | as long as short |
| Extended KORU-USD | −0.0280% | 1h | 23.055 | +0.065% | $6K | $208K | 5x | as long as short |
| Binance KORUUSDT | −0.0276% | 8h | 23.063 | +0.098% | $55.9M | $330.3M | 25x | as long as short |
| MEXC KORU_USDT | −0.0276% | 8h | 23.050 | +0.043% | $13.7M | $21.0M | 50x | as long as short |
| KuCoin KORUUSDTM | −0.0244% | 8h | 23.040 | 0.000% | $443K | $974K | 20x | as long as short |
| Aster KORUUSDT | −0.0102% | 8h | 23.062 | +0.097% | $91K | $289K | 50x | as long as short |
OKX KORU-USDT-SWAP
Bybit KORUUSDT
GRVT KORU_USDT_Perp
tradeXYZ xyz:KORU
Extended KORU-USD
Binance KORUUSDT
MEXC KORU_USDT
KuCoin KORUUSDTM
Aster KORUUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KORU_USDT | 0.0000% | 8h | 23.049 | +0.039% | $2.7M | $3.6M | 25x | as long as short |
| SunX KORU-USDT | 0.0000% | 8h | 23.050 | +0.043% | — | $3.8M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 23.030 | −0.043% | $8K | $18K | 10x | as long as short |
| Phemex KORUUSDTlong | 0.0000% | 8h | 23.040 | long leg | $1.6M | $2.4M | 10x | |
| Lighter KORU | +0.0032% | 1h | 23.059 | +0.082% | — | — | 10x | as long as short |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 23.050 | +0.043% | $13K | $51K | 5x | as long as short |
| edgeX KORUUSDC | +0.0079% | 4h | 23.020 | −0.086% | $461K | $313K | 10x | as long as short |
| Bitget KORUUSDT | +0.0342% | 8h | 23.035 | −0.022% | $53.6M | $57.8M | 20x | as long as short |
Gate KORU_USDT
SunX KORU-USDT
HTX KORU-USDT
Lighter KORU
Ondo Perps KORU-USD.P
edgeX KORUUSDC
Bitget KORUUSDT