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−0.0521%/8h= −57.1% APRnext payment $5.21 per $10,000 · paid last 24h −0.052%
Price spread now: Binance against Bitget+0.145%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.147%−$15 · spread now +0.145%, 7d avg +0.019%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.126% dearer against Bitget than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.019%): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.014% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KORUUSDT22.8370.0248pay 0.0248% / 8h4h 02m$53.1M$57.7M20x
ShortBinance KORUUSDT22.870−0.0273pay 0.0273% / 8h4h 02m$55.2M$332.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
−$109.42
Price spread: +0.145% → +0.019%
$12.56
Slippage, 4 orders
−$13.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$132
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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 Bitget live order book, 2 min ago1.31 bp10.9 bp −$1121.7 bp −$217doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago2.17 bp7.2 bp −$79.6 bp −$9623.3 bp −$2,32684.5 bp −$42.3K

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
RISEx KORU/USDC−0.0951%1h22.831−0.027%$37K$301K5xas long as short
OKX KORU-USDT-SWAP−0.0542%8h22.850+0.057%$6.2M$28.2M10xas long as short
Bybit KORUUSDT−0.0369%8h22.870+0.145%$6.7M$21.9M50xas long as short
GRVT KORU_USDT_Perp−0.0302%8h23.014+0.775%$2K$97K10xas long as short
tradeXYZ xyz:KORU−0.0284%1h22.838+0.004%$3.2M$8.7M10xas long as short
Binance KORUUSDTshort−0.0273%8h22.870+0.145%$55.2M$332.8M25x
MEXC KORU_USDT−0.0273%8h22.870+0.145%$14.7M$21.2M50xas long as short
Extended KORU-USD−0.0272%1h22.844+0.029%$6K$204K5xas long as short
KuCoin KORUUSDTM−0.0240%8h22.860+0.101%$441K$970K20xas long as short
Aster KORUUSDT−0.0101%8h22.857+0.086%$90K$290K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KORU_USDT0.0000%8h22.855+0.079%$2.6M$3.6M25xas long as short
SunX KORU-USDT0.0000%8h22.860+0.101%$3.8M10xas long as short
HTX KORU-USDT0.0000%8h22.850+0.057%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.870+0.145%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.859+0.096%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.900+0.276%$13K$51K5xas long as short
Bitget KORUUSDTlong+0.0248%8h22.837long leg$53.1M$57.7M20x
edgeX KORUUSDC+0.0778%4h22.947+0.483%$460K$312K10xas long as short