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−0.0378%/8h= −41.4% APRpaid last 24h −0.019%
Price spread now: RISEx against edgeX−0.146%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now −0.146%, 7d avg +0.004%
Together, before fees−0.191%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and RISEx is 0.150% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.010% in total (about 0.9% 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 KORUUSDC21.7820.0378pay 0.0189% / 4h37m 20s$436K$315K10x
ShortRISEx KORU/USDC21.7510get 0.0000% / 1h37m 20s$28K$304K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$79.47
Price spread: −0.146% → +0.004%
−$15.03
Slippage, 4 orders
−$21.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$130.91
Costs to cover
0.364%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; RISEx: 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, 1 min ago9.18 bp14.1 bp −$1454.4 bp −$544doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago0.23 bp3.2 bp −$38.7 bp −$87doesn't fitdoesn'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
Bitget KORUUSDT−0.2258%8h21.765−0.080%$54.3M$61.9M20xas long as short
OKX KORU-USDT-SWAP−0.0128%8h21.740−0.195%$6.0M$29.4M10xas long as short
KuCoin KORUUSDTM−0.0041%8h21.750−0.149%$401K$894K20xas long as short
Aster KORUUSDT0.0000%8h21.736−0.214%$64K$319K50xas long as short
Extended KORU-USD0.0000%1h21.734−0.221%$9K$185K5xas long as short
Binance KORUUSDT0.0000%8h21.740−0.196%$49.6M$379.6M25xas long as short
Bybit KORUUSDT0.0000%8h21.740−0.195%$6.4M$24.3M50xas long as short
RISEx KORU/USDCshort0.0000%1h21.751−0.146%$28K$304K5x
Gate KORU_USDT0.0000%8h21.761−0.098%$2.5M$4.1M25xas long as short
MEXC KORU_USD10.0000%8h21.780−0.011%$11.5M$82K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h21.740−0.195%$3.4M10xas long as short
HTX KORU-USDT0.0000%8h21.760−0.103%$8K$20K10xas long as short
Phemex KORUUSDT0.0000%8h21.740−0.195%$1.5M$2.2M10xas long as short
Lighter KORU+0.0032%1h21.710−0.333%10xas long as short
tradeXYZ xyz:KORU+0.0050%1h21.721−0.282%$3.2M$10.3M10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.820+0.172%$11K$70K5xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.787+0.021%$2K$103K10xas long as short
edgeX KORUUSDClong+0.0378%4h21.782long leg$436K$315K10x