Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0649%/8h= +71.0% APRpaid last 24h −0.009%
Price spread now: edgeX against Binance−0.023%60s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.437% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 4 days (all we have)−0.372%−$37 · spread now −0.023%, 7d avg −0.003%
Together, before fees−0.493%+ Points / potential airdropedgeX: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour. The two prices were read 60 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 -0.121% in total (about -6.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.924−0.0098get 0.0098% / 8h5h 32m$55.8M$326.6M25x
ShortedgeX KORUUSDC22.9190.0551get 0.0276% / 4h1h 32m$459K$311K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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

Funding earned
$136.25
Price spread: −0.023% → −0.003%
−$1.91
Slippage, 4 orders
−$24.65
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$90.68
Costs to cover
0.437%
Break-even
2.3 days
Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago2.19 bp7.2 bp −$79.7 bp −$9724.1 bp −$2,40978.5 bp −$39.3K
Sell edgeX live order book, 31 min ago8.76 bp14.7 bp −$1555.7 bp −$557doesn't fitdoesn't fit

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx KORU/USDC−0.1847%1h22.926+0.007%$38K$304K5xas long as short
Bybit KORUUSDT−0.0825%8h22.930+0.025%$6.5M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0804%8h22.921−0.015%$1K$96K10xas long as short
tradeXYZ xyz:KORU−0.0723%1h22.916−0.037%$3.1M$8.2M10xas long as short
OKX KORU-USDT-SWAP−0.0356%8h22.900−0.106%$6.1M$28.5M10xas long as short
KuCoin KORUUSDTM−0.0130%8h22.920−0.019%$435K$1.0M20xas long as short
Binance KORUUSDTlong−0.0098%8h22.924long leg$55.8M$326.6M25x
Extended KORU-USD−0.0096%1h22.928+0.014%$6K$213K5xas long as short
MEXC KORU_USDT−0.0094%8h22.910−0.063%$16.1M$19.7M50xas long as short
Ondo Perps KORU-USD.P−0.0037%1h22.930+0.025%$13K$50K5xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0005%8h22.930+0.023%$90K$289K50xas long as short
Gate KORU_USDT−0.0003%8h22.930+0.025%$2.6M$3.6M25xas long as short
Bitget KORUUSDT0.0000%8h22.897−0.119%$53.2M$58.5M20xas long as short
SunX KORU-USDT0.0000%8h23.000+0.330%$4.0M10xas long as short
HTX KORU-USDT0.0000%8h22.950+0.112%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.930+0.025%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.954+0.129%10xas long as short
edgeX KORUUSDCshort+0.0551%4h22.919−0.023%$459K$311K10x