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

KORU

RWAall KORU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.042%
Price spread now: GRVT against Extended−0.306%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)+0.336%+$34 · spread now −0.306%, 7d avg +0.029%
Together, before fees+0.410%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.335% cheaper against Extended than usual: you would sell low and buy high (spread −0.306% now, against its 7-day average of +0.029%). If the spread goes back, that is −$34 on $10k: about 5.9 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.074% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% 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
LongExtended KORU-USD22.012−0.0088get 0.0011% / 1h33m 29s$7K$177K5x
ShortGRVT KORU_USDT_Perp21.9450.0100get 0.0100% / 8h1h 33m$1K$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
$39.48
Price spread: −0.306% → +0.029%
−$33.52
Slippage, 4 orders
−$20.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$28.95
Costs to cover
0.349%
Break-even
12.1 days
Slippage from Extended: live order book, 7 min ago; GRVT: live order book, 34 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 Extended live order book, 7 min ago3.40 bp6.2 bp −$610.6 bp −$106doesn't fitdoesn't fit
Sell GRVT live order book, 34 min ago6.72 bp11.2 bp −$1129.5 bp −$295doesn'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−0.1692%8h22.059+0.213%$54.0M$62.1M20xas long as short
edgeX KORUUSDC−0.0399%4h21.937−0.340%$440K$314K10xas long as short
OKX KORU-USDT-SWAP−0.0334%8h22.040+0.127%$6.0M$30.3M10xas long as short
tradeXYZ xyz:KORU−0.0192%1h22.037+0.113%$3.3M$10.1M10xas long as short
KuCoin KORUUSDTM−0.0183%8h22.000−0.055%$405K$905K20xas long as short
Extended KORU-USDlong−0.0088%1h22.012long leg$7K$177K5x
MEXC KORU_USD1−0.0088%8h22.020+0.036%$11.6M$83K20xas long as short
Binance KORUUSDT−0.0088%8h22.040+0.127%$50.3M$376.3M25xas long as short
Aster KORUUSDT−0.0022%8h22.039+0.122%$65K$323K50xas long as short
Bybit KORUUSDT−0.0020%8h22.040+0.127%$6.3M$24.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx KORU/USDC0.0000%1h22.020+0.036%$28K$307K5xas long as short
Gate KORU_USDT0.0000%8h22.015+0.013%$2.2M$4.0M25xas long as short
SunX KORU-USDT0.0000%8h21.960−0.237%$3.5M10xas long as short
HTX KORU-USDT0.0000%8h21.990−0.101%$8K$20K10xas long as short
Phemex KORUUSDT0.0000%8h21.970−0.191%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h22.030+0.081%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.980−0.146%$11K$69K5xas long as short
GRVT KORU_USDT_Perpshort+0.0100%8h21.945−0.306%$1K$104K10x