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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.011%
Price spread now: GRVT against Binance+0.176%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 2 days (all we have)−0.173%−$17 · spread now +0.176%, 7d avg −0.042%
Together, before fees−0.196%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.218% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.7100get 0.0000% / 8h7h 57m$58.0M$335.0M25x
ShortGRVT KORU_USDT_Perp22.7500.0100get 0.0100% / 8h7h 57m$2K$98K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$21
Price spread: +0.176% → −0.042%
$21.82
Slippage, 4 orders
−$17.59
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$6.23
Costs to cover
0.366%
Break-even
4.9 days
Slippage from Binance: live order book, 1 min ago; GRVT: live order book, 14 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, 1 min ago2.20 bp7.2 bp −$710.3 bp −$10328.8 bp −$2,88586.5 bp −$43.3K
Sell GRVT live order book, 14 min ago6.59 bp11.1 bp −$1129.7 bp −$297doesn'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
tradeXYZ xyz:KORU−0.2550%1h22.703−0.031%$3.2M$7.4M10xas long as short
Gate KORU_USDT−0.1167%8h22.685−0.110%$2.8M$3.2M25xas long as short
Bybit KORUUSDT−0.0385%8h22.700−0.044%$6.5M$22.2M50xas long as short
edgeX KORUUSDC−0.0220%4h22.658−0.229%$454K$305K10xas long as short
Aster KORUUSDT0.0000%8h22.722+0.052%$82K$262K50xas long as short
Extended KORU-USD0.0000%1h22.701−0.038%$19K$176K5xas long as short
Binance KORUUSDTlong0.0000%8h22.710long leg$58.0M$335.0M25x
OKX KORU-USDT-SWAP0.0000%8h22.680−0.132%$5.8M$30.3M10xas long as short
RISEx KORU/USDC0.0000%1h22.719+0.041%$31K$306K5xas long as short
MEXC KORU_USDT0.0000%8h22.700−0.044%$14.3M$20.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDT0.0000%8h22.686−0.106%$52.8M$70.5M20xas long as short
SunX KORU-USDT0.0000%8h22.660−0.220%$4.8M10xas long as short
HTX KORU-USDT0.0000%8h22.7100.000%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.700−0.044%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.690−0.088%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.590−0.528%$19K$13K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.720+0.044%$482K$1.1M20xas long as short
GRVT KORU_USDT_Perpshort+0.0100%8h22.750+0.176%$2K$98K10x