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−0.0172%/8h= −18.8% APRnext payment $1.72 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.163%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 2 days (all we have)+0.160%+$16 · spread now −0.163%, 7d avg −0.045%
Together, before fees+0.340%+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.119% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.179%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.8870get 0.0000% / 8h6h 03m$55.9M$327.1M25x
ShortOKX KORU-USDT-SWAP22.850−0.0172pay 0.0172% / 8h6h 03m$6.2M$28.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$36.13
Price spread: −0.163% → −0.045%
−$11.89
Slippage, 4 orders
−$13.23
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$81.24
Costs to cover
0.332%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago2.20 bp7.2 bp −$78.4 bp −$8423.7 bp −$2,36782.0 bp −$41.0K
Sell OKX live order book, 5 min ago2.20 bp7.2 bp −$713.6 bp −$13680.9 bp −$8,092doesn'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−0.1071%1h22.837−0.220%$3.1M$8.0M10xas long as short
Bybit KORUUSDT−0.0951%8h22.880−0.032%$6.5M$21.8M50xas long as short
GRVT KORU_USDT_Perp−0.0812%8h22.758−0.564%$2K$96K10xas long as short
Gate KORU_USDT−0.0248%8h22.836−0.225%$2.6M$3.6M25xas long as short
OKX KORU-USDT-SWAPshort−0.0172%8h22.850−0.163%$6.2M$28.6M10x
HTX KORU-USDT−0.0016%8h22.870−0.076%$8K$17K10xas long as short
Aster KORUUSDT0.0000%8h22.822−0.284%$92K$288K50xas long as short
Extended KORU-USD0.0000%1h22.849−0.167%$6K$211K5xas long as short
Binance KORUUSDTlong0.0000%8h22.887long leg$55.9M$327.1M25x
RISEx KORU/USDC0.0000%1h22.816−0.314%$35K$302K5xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KORU_USDT0.0000%8h22.860−0.120%$16.7M$20.1M50xas long as short
Bitget KORUUSDT0.0000%8h22.832−0.242%$53.1M$59.3M20xas long as short
SunX KORU-USDT0.0000%8h22.890+0.011%$4.1M10xas long as short
Phemex KORUUSDT0.0000%8h22.860−0.120%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.898+0.046%10xas long as short
KuCoin KORUUSDTM+0.0035%8h22.830−0.251%$433K$1.0M20xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.800−0.382%$14K$46K5xas long as short
edgeX KORUUSDC+0.0432%4h22.752−0.591%$456K$309K10xas long as short