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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.009%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1041.045% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days−0.035%−$4 · spread now +0.009%, 7d avg −0.035%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.044% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.608−0.0302get 0.0302% / 8h3h 24m$53.9M$342.7M25x
ShortKuCoin KORUUSDTM22.610−0.0278pay 0.0278% / 8h3h 24m$426K$950K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$5.04
Price spread: +0.009% → −0.035%
$4.38
Slippage, 4 orders
−$82.45
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$95.03
Costs to cover
1.045%
Break-even
139.0 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 25 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, 4 min ago2.21 bp7.2 bp −$710.1 bp −$10126.3 bp −$2,63187.9 bp −$44.0K
Sell KuCoin live order book, 25 min ago2.20 bp43.3 bp −$43doesn't fitdoesn'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
OKX KORU-USDT-SWAP−0.0575%8h22.590−0.080%$6.2M$28.2M10xas long as short
RISEx KORU/USDC−0.0513%1h22.616+0.036%$33K$302K5xas long as short
edgeX KORUUSDC−0.0432%4h22.624+0.069%$454K$312K10xas long as short
tradeXYZ xyz:KORU−0.0341%1h22.605−0.013%$3.2M$9.1M10xas long as short
Binance KORUUSDTlong−0.0302%8h22.608long leg$53.9M$342.7M25x
Extended KORU-USD−0.0296%1h22.610+0.008%$8K$208K5xas long as short
MEXC KORU_USDT−0.0296%8h22.620+0.053%$15.3M$21.4M50xas long as short
KuCoin KORUUSDTMshort−0.0278%8h22.610+0.009%$426K$950K20x
Bybit KORUUSDT−0.0260%8h22.600−0.035%$6.6M$22.2M50xas long as short
GRVT KORU_USDT_Perp−0.0181%8h22.617+0.040%$1K$99K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0123%8h22.624+0.069%$87K$292K50xas long as short
Gate KORU_USDT0.0000%8h22.610+0.009%$2.7M$3.7M25xas long as short
Bitget KORUUSDT0.0000%8h22.591−0.075%$52.8M$58.4M20xas long as short
SunX KORU-USDT0.0000%8h22.610+0.009%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.620+0.053%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.610+0.009%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h22.639+0.137%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.650+0.186%$11K$54K5xas long as short