Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h −0.024%

Price spread now: Binance against edgeX+0.401%50s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.461% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 2 days (all we have)−0.398%−$40 · spread now +0.401%, 7d avg +0.007%

Together, before fees−0.292%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.394% dearer against edgeX than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX KORUUSDC	22.951	−0.0123	get 0.0062% / 4h	3h 08m	$460K	$307K	10x
Short	Binance KORUUSDT	23.043	0	get 0.0000% / 8h	7h 08m	$58.1M	$326.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.401%Rate

Funding earned: $25.85
Price spread: +0.401% → +0.007%: $39.35
Slippage, 4 orders: −$27.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $19.14
Costs to cover: 0.461%
Break-even: 1.8 days

Slippage from edgeX: live order book, 65 min ago; Binance: live order book, 5 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 edgeX live order book, 65 min ago	8.81 bp	15.1 bp −$15	58.0 bp −$580	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.17 bp	8.4 bp −$8	11.5 bp −$115	28.0 bp −$2,805	79.5 bp −$39.8K

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:KORU	−0.0658%	1h	23.016	+0.281%	$3.1M	$6.8M	10x	as long as short
edgeX KORUUSDClong	−0.0123%	4h	22.951	long leg	$460K	$307K	10x
Aster KORUUSDT	0.0000%	8h	23.021	+0.302%	$80K	$275K	50x	as long as short
Extended KORU-USD	0.0000%	1h	23.014	+0.271%	$6K	$205K	5x	as long as short
Binance KORUUSDTshort	0.0000%	8h	23.043	+0.401%	$58.1M	$326.5M	25x
Bybit KORUUSDT	0.0000%	8h	23.040	+0.386%	$6.6M	$22.0M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	23.060	+0.473%	$6.2M	$29.4M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	23.046	+0.413%	$34K	$306K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.997	+0.199%	$2.6M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	23.040	+0.386%	$15.1M	$21.5M	50x	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	22.980	+0.125%	—	$4.4M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.970	+0.081%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.990	+0.168%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	23.039	+0.382%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	23.040	+0.386%	$20K	$24K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	23.040	+0.386%	$472K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.982	+0.132%	$1K	$95K	10x	as long as short
Bitget KORUUSDT	+0.0293%	8h	23.020	+0.299%	$54.1M	$64.3M	20x	as long as short