Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.2% APRpaid last 24h +0.059%

Price spread now: KuCoin against edgeX+0.106%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1131.131% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.149%+$15 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.106%, 7d avg −0.020%

Together, before fees+0.035%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.126% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX KORUUSDC	21.837	−0.0223	get 0.0111% / 4h	1h 01m	$438K	$315K	10x
Short	KuCoin KORUUSDTM	21.860	−0.0111	pay 0.0111% / 8h	1h 01m	$403K	$902K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $23.48
Price spread: +0.106% → −0.020%: $12.59
Slippage, 4 orders: −$92.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$77.05
Costs to cover: 1.131%
Break-even: 30.0 days

Slippage from edgeX: live order book, 42 min ago; KuCoin: live order book, 33 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, 42 min ago	9.06 bp	14.4 bp −$14	45.9 bp −$459	doesn't fit	doesn't fit
Sell KuCoin live order book, 33 min ago	2.28 bp	35.4 bp −$35	doesn't fit	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
Bitget KORUUSDT	−0.2019%	8h	21.855	+0.083%	$54.1M	$61.7M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0235%	8h	21.840	+0.015%	$6.0M	$29.6M	10x	as long as short
edgeX KORUUSDClong	−0.0223%	4h	21.837	long leg	$438K	$315K	10x
tradeXYZ xyz:KORU	−0.0187%	1h	21.829	−0.036%	$3.2M	$10.2M	10x	as long as short
KuCoin KORUUSDTMshort	−0.0111%	8h	21.860	+0.106%	$403K	$902K	20x
MEXC KORU_USD1	−0.0019%	8h	21.860	+0.106%	$11.5M	$85K	20x	as long as short
Binance KORUUSDT	−0.0017%	8h	21.856	+0.086%	$48.9M	$376.6M	25x	as long as short
Extended KORU-USD	−0.0016%	1h	21.844	+0.033%	$5K	$176K	5x	as long as short
Aster KORUUSDT	0.0000%	8h	21.862	+0.117%	$64K	$319K	50x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.850	+0.061%	$6.3M	$24.5M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx KORU/USDC	0.0000%	1h	21.840	+0.015%	$28K	$306K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.847	+0.047%	$2.4M	$4.1M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	21.840	+0.015%	—	$3.4M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.840	+0.015%	$8K	$20K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.840	+0.015%	$1.5M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.859	+0.102%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.870	+0.152%	$11K	$69K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.826	−0.050%	$2K	$102K	10x	as long as short