Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h −0.132%

Price spread now: tradeXYZ against Binance−0.075%7-day average −0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.264%−$26 on $10k

Price spread, last 2 days (all we have)−0.078%−$8 · spread now −0.075%, 7d avg −0.135%

Together, before fees−0.342%+ Points / potential airdroptradeXYZ: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.060% dearer against Binance than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.135%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KORUUSDT	22.790	0	get 0.0000% / 8h	15m 01s	$57.0M	$337.2M	25x
Short	tradeXYZ xyz:KORU	22.773	−0.0161	pay 0.0020% / 1h	15m 01s	$3.2M	$7.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$33.8
Price spread: −0.075% → −0.135%: $6.01
Slippage, 4 orders: −$13.98
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$69.78
Costs to cover: 0.420%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; tradeXYZ: 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, 14 min ago	2.20 bp	7.2 bp −$7	8.8 bp −$88	23.8 bp −$2,379	79.6 bp −$39.8K
Sell tradeXYZ live order book, 4 min ago	1.10 bp	15.8 bp −$16	23.1 bp −$231	doesn't fit	doesn't fit

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:KORUshort	−0.0161%	1h	22.773	−0.075%	$3.2M	$7.4M	10x
Aster KORUUSDT	0.0000%	8h	22.790	−0.001%	$83K	$265K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.799	+0.041%	$19K	$179K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	22.790	long leg	$57.0M	$337.2M	25x
Bybit KORUUSDT	0.0000%	8h	22.790	0.000%	$6.1M	$22.5M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.790	0.000%	$6.0M	$30.9M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.798	+0.035%	$29K	$313K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.795	+0.022%	$2.6M	$3.2M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.800	+0.044%	$14.3M	$20.3M	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.787	−0.013%	$52.7M	$72.1M	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	22.790	0.000%	—	$4.9M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.800	+0.044%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.810	+0.088%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.800	+0.044%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.770	−0.088%	$19K	$12K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.790	0.000%	$483K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.801	+0.049%	$2K	$101K	10x	as long as short
edgeX KORUUSDC	+0.0289%	4h	22.820	+0.130%	$457K	$307K	10x	as long as short