Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.081%

Price spread now: tradeXYZ against Aster−0.165%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$650.647% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.165%, 7d avg −0.127%

Together, before fees−0.035%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.038% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.127%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KORUUSDT	22.778	−0.0097	get 0.0097% / 8h	3h 46m	$88K	$290K	50x
Short	tradeXYZ xyz:KORU	22.740	−0.0158	pay 0.0020% / 1h	46m 01s	$3.1M	$8.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aster. 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 AsterbpFee tradeXYZbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$12.81
Price spread: −0.165% → −0.127%: −$3.76
Slippage, 4 orders: −$38.75
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$81.32
Costs to cover: 0.647%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; tradeXYZ: 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 Aster live order book, 6 min ago	8.77 bp	12.8 bp −$13	12.8 bp −$128	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	4.39 bp	14.1 bp −$14	21.5 bp −$215	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
OKX KORU-USDT-SWAP	−0.0563%	8h	22.720	−0.253%	$6.2M	$28.1M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.759	−0.081%	$35K	$301K	5x	as long as short
Bybit KORUUSDT	−0.0281%	8h	22.740	−0.165%	$6.6M	$21.7M	50x	as long as short
Extended KORU-USD	−0.0272%	1h	22.745	−0.142%	$6K	$208K	5x	as long as short
Binance KORUUSDT	−0.0268%	8h	22.741	−0.160%	$54.7M	$333.7M	25x	as long as short
MEXC KORU_USDT	−0.0268%	8h	22.750	−0.121%	$15.2M	$21.1M	50x	as long as short
KuCoin KORUUSDTM	−0.0242%	8h	22.780	+0.011%	$439K	$958K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0220%	8h	22.770	−0.033%	$1K	$98K	10x	as long as short
tradeXYZ xyz:KORUshort	−0.0158%	1h	22.740	−0.165%	$3.1M	$8.7M	10x
Aster KORUUSDTlong	−0.0097%	8h	22.778	long leg	$88K	$290K	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	22.760	−0.077%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.721	−0.248%	$53.0M	$57.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.770	−0.033%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.770	−0.033%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.730	−0.209%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.769	−0.038%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.770	−0.033%	$13K	$50K	5x	as long as short
edgeX KORUUSDC	+0.0274%	4h	22.765	−0.054%	$456K	$313K	10x	as long as short