Funding you earn now, next payment 09:00 UTC−0.0727%/8h= −79.6% APRpaid last 24h +0.083%
Price spread now: edgeX against tradeXYZ+0.562%66s7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days+0.260%+$26 on $10k
+Price spread, last 4 days (all we have)−0.335%−$33 · spread now +0.562%, 7d avg +0.116%
=Together, before fees−0.075%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.446% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.562% now, against its 7-day average of +0.116%): +$45 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.260%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.260% in total (about 13.6% 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 | tradeXYZ xyz:KORU | 21.181 | 0.0050 | pay 0.0006% / 1h | 34m 13s | $3.1M | $10.3M | 10x |
| Short | edgeX KORUUSDC | 21.300 | −0.0677 | pay 0.0338% / 4h | 3h 34m | $427K | $315K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- −$152.62
- Price spread: +0.562% → +0.116%
- $44.6
- Slippage, 4 orders
- −$29.62
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$164.64
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; edgeX: live order book, 64 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 tradeXYZ live order book, 3 min ago | 1.88 bp | 11.3 bp −$11 | 19.4 bp −$194 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 9.18 bp | 14.4 bp −$14 | 50.6 bp −$506 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KORUUSDT | −0.2760% | 8h | 21.197 | +0.076% | $53.4M | $62.6M | 20x | as long as short |
| edgeX KORUUSDCshort | −0.0677% | 4h | 21.300 | +0.562% | $427K | $315K | 10x | |
| Aster KORUUSDT | 0.0000% | 8h | 21.236 | +0.260% | $64K | $320K | 50x | as long as short |
| Extended KORU-USD | 0.0000% | 1h | 21.235 | +0.256% | $5K | $176K | 5x | as long as short |
| Binance KORUUSDT | 0.0000% | 8h | 21.213 | +0.149% | $49.3M | $383.0M | 25x | as long as short |
| Bybit KORUUSDT | 0.0000% | 8h | 21.210 | +0.137% | $6.4M | $23.9M | 50x | as long as short |
| OKX KORU-USDT-SWAP | 0.0000% | 8h | 21.210 | +0.137% | $6.1M | $29.4M | 10x | as long as short |
| RISEx KORU/USDC | 0.0000% | 1h | 21.209 | +0.130% | $27K | $293K | 5x | as long as short |
| Gate KORU_USDT | 0.0000% | 8h | 21.206 | +0.118% | $2.7M | $3.8M | 25x | as long as short |
| MEXC KORU_USD1 | 0.0000% | 8h | 21.230 | +0.231% | $11.2M | $80K | 20x | 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 | 21.200 | +0.090% | — | $3.1M | 10x | as long as short |
| HTX KORU-USDT | 0.0000% | 8h | 21.300 | +0.562% | $8K | $21K | 20x | as long as short |
| Phemex KORUUSDT | 0.0000% | 8h | 21.220 | +0.184% | $1.5M | $2.1M | 10x | as long as short |
| Lighter KORU | +0.0032% | 1h | 21.197 | +0.076% | — | — | 10x | as long as short |
| tradeXYZ xyz:KORUlong | +0.0050% | 1h | 21.181 | long leg | $3.1M | $10.3M | 10x | |
| Ondo Perps KORU-USD.P | +0.0050% | 1h | 21.270 | +0.420% | $11K | $67K | 5x | as long as short |
| KuCoin KORUUSDTM | +0.0087% | 8h | 21.230 | +0.231% | $412K | $884K | 20x | as long as short |
| GRVT KORU_USDT_Perp | +0.0100% | 8h | 21.300 | +0.562% | $1K | $102K | 10x | as long as short |
tradeXYZ xyz:KORU
edgeX KORUUSDC
Bitget KORUUSDT
Aster KORUUSDT
Extended KORU-USD
Binance KORUUSDT
Bybit KORUUSDT
OKX KORU-USDT-SWAP
RISEx KORU/USDC
Gate KORU_USDT
MEXC KORU_USD1
SunX KORU-USDT
HTX KORU-USDT
Phemex KORUUSDT
Lighter KORU
KuCoin KORUUSDTM
GRVT KORU_USDT_Perp