Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.070%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 2 days (all we have)+0.081%+$8 · spread now −0.070%, 7d avg −0.020%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KORUUSDT	22.920	0	get 0.0000% / 8h	7h 38m	$58.0M	$324.4M	25x
Short	Gate KORU_USDT	22.904	0	get 0.0000% / 8h	7h 38m	$2.6M	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.020%: −$5.02
Slippage, 4 orders: −$24.31
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.33
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Gate: live order book, 4 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 Binance live order book, 5 min ago	2.20 bp	7.2 bp −$7	11.1 bp −$111	26.8 bp −$2,679	86.5 bp −$43.3K
Sell Gate live order book, 4 min ago	5.71 bp	19.2 bp −$19	44.4 bp −$444	73.7 bp −$7,373	99.8 bp −$49.9K

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
tradeXYZ xyz:KORU	−0.0651%	1h	22.919	−0.004%	$3.3M	$6.6M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.944	+0.104%	$82K	$259K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.915	−0.021%	$21K	$181K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	22.920	long leg	$58.0M	$324.4M	25x
Bybit KORUUSDT	0.0000%	8h	22.920	0.000%	$6.5M	$22.1M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.910	−0.044%	$6.2M	$29.4M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.908	−0.053%	$33K	$306K	5x	as long as short
Gate KORU_USDTshort	0.0000%	8h	22.904	−0.070%	$2.6M	$3.4M	25x
MEXC KORU_USDT	0.0000%	8h	22.900	−0.087%	$13.7M	$20.9M	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.889	−0.135%	$53.5M	$64.7M	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	22.890	−0.131%	—	$4.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.890	−0.131%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.900	−0.087%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.958	+0.166%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.870	−0.218%	$19K	$14K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.940	+0.087%	$487K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.770	−0.654%	$1K	$97K	10x	as long as short
edgeX KORUUSDC	+0.0558%	4h	22.862	−0.252%	$458K	$306K	10x	as long as short