Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0908%/8h= −99.5% APRpaid last 24h −0.024%
Price spread now: OKX against edgeX−0.021%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.286%+$29 on $10k
Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.021%, 7d avg −0.029%
Together, before fees+0.216%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$27 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.286%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.286% in total (about 14.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.8450.0908pay 0.0454% / 4h3h 32m$457K$308K10x
ShortOKX KORU-USDT-SWAP22.8400get 0.0000% / 8h7h 32m$6.2M$29.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$190.77
Price spread: −0.021% → −0.029%
$0.79
Slippage, 4 orders
−$31.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$240.6
Costs to cover
0.506%
Break-even
never at this rate
Slippage from edgeX: live order book, 41 min ago; OKX: live order book, 1 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 edgeX live order book, 41 min ago8.81 bp15.1 bp −$1558.0 bp −$580doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.19 bp9.7 bp −$1014.3 bp −$14386.4 bp −$8,638doesn't fit

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
tradeXYZ xyz:KORU−0.0709%1h22.815−0.130%$3.3M$6.7M10xas long as short
Bybit KORUUSDT−0.0048%8h22.860+0.067%$6.5M$21.8M50xas long as short
Aster KORUUSDT0.0000%8h22.795−0.219%$81K$258K50xas long as short
Extended KORU-USD0.0000%1h22.825−0.085%$6K$222K5xas long as short
Binance KORUUSDT0.0000%8h22.840−0.021%$57.8M$322.2M25xas long as short
OKX KORU-USDT-SWAPshort0.0000%8h22.840−0.021%$6.2M$29.2M10x
RISEx KORU/USDC0.0000%1h22.780−0.283%$34K$306K5xas long as short
Gate KORU_USDT0.0000%8h22.812−0.143%$2.6M$3.4M25xas long as short
MEXC KORU_USDT0.0000%8h22.820−0.108%$13.7M$20.9M50xas long as short
Bitget KORUUSDT0.0000%8h22.815−0.130%$53.3M$64.5M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.800−0.196%$4.5M10xas long as short
HTX KORU-USDT0.0000%8h22.790−0.240%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.790−0.240%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.809−0.156%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.820−0.108%$20K$17K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.840−0.021%$477K$1.1M20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h22.827−0.078%$1K$97K10xas long as short
edgeX KORUUSDClong+0.0908%4h22.845long leg$457K$308K10x