Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.1549%/8h= +169.6% APRpaid last 24h +0.207%

Price spread now: tradeXYZ against Bitget+0.004%7-day average −0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.135%−$14 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.004%, 7d avg −0.123%

Together, before fees−0.229%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and tradeXYZ is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.123%. Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KORUUSDT	22.456	−0.1746	get 0.1746% / 8h	5h 49m	$53.0M	$78.1M	20x
Short	tradeXYZ xyz:KORU	22.457	−0.0197	pay 0.0025% / 1h	49m 09s	$3.4M	$10.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BitgetbpFee tradeXYZbpOrdersPrice spread, now +0.004%Rate

Funding earned: $325.31
Price spread: +0.004% → −0.123%: $12.74
Slippage, 4 orders: −$15.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $292.35
Costs to cover: 0.457%
Break-even: 0.7 days

Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 3 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 Bitget live order book, 3 min ago	0.89 bp	10.1 bp −$10	20.6 bp −$206	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	1.11 bp	12.2 bp −$12	17.0 bp −$170	doesn't fit	doesn't fit

KORU on 18 exchanges

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
Bitget KORUUSDTlong	−0.1746%	8h	22.456	long leg	$53.0M	$78.1M	20x
tradeXYZ xyz:KORUshort	−0.0197%	1h	22.457	+0.004%	$3.4M	$10.5M	10x
Aster KORUUSDT	0.0000%	8h	22.485	+0.127%	$58K	$327K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.457	+0.006%	$7K	$170K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.460	+0.018%	$47.9M	$411.8M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.470	+0.062%	$6.0M	$27.0M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.460	+0.018%	$6.3M	$36.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.468	+0.055%	$29K	$313K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.465	+0.040%	$2.4M	$4.3M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	22.480	+0.107%	$10.8M	$261K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.470	+0.062%	—	$2.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.470	+0.062%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.450	−0.027%	$1.6M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.462	+0.027%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.470	+0.062%	$13K	$74K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.450	−0.027%	$405K	$850K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.482	+0.117%	$2K	$96K	10x	as long as short
edgeX KORUUSDC	+0.0850%	4h	22.470	+0.063%	$450K	$317K	10x	as long as short