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+0.0272%/8h= +29.8% APRpaid last 24h −0.005%
Price spread now: Phemex against Extended+0.004%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.208%−$21 on $10k
Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.004%, 7d avg +0.040%
Together, before fees−0.350%+ Points / potential airdropExtended: Active · farm board−$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.036% cheaper against Extended than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.040%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.208%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KORU-USD23.039−0.0272get 0.0034% / 1h24m 32s$6K$208K5x
ShortPhemex KORUUSDT23.0400get 0.0000% / 8h4h 24m$1.6M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$57.12
Price spread: +0.004% → +0.040%
−$3.59
Slippage, 4 orders
−$103.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$67.21
Costs to cover
1.207%
Break-even
15.2 days
Slippage from Extended: live order book, 32 min ago; Phemex: live order book, 4 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, 32 min ago3.26 bp6.1 bp −$610.1 bp −$101doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago6.51 bp54.7 bp −$55doesn't fitdoesn'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
RISEx KORU/USDC−0.0951%1h23.041+0.009%$40K$301K5xas long as short
OKX KORU-USDT-SWAP−0.0533%8h23.040+0.004%$6.3M$28.4M10xas long as short
edgeX KORUUSDC−0.0469%4h23.057+0.079%$462K$311K10xas long as short
Bybit KORUUSDT−0.0456%8h23.060+0.091%$6.8M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0419%8h23.050+0.047%$1K$97K10xas long as short
tradeXYZ xyz:KORU−0.0363%1h23.044+0.021%$3.1M$8.2M10xas long as short
Extended KORU-USDlong−0.0272%1h23.039long leg$6K$208K5x
Binance KORUUSDT−0.0272%8h23.055+0.070%$56.3M$328.5M25xas long as short
MEXC KORU_USD1−0.0270%8h23.030−0.039%$12.1M$83K20xas long as short
KuCoin KORUUSDTM−0.0231%8h23.030−0.039%$443K$978K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0104%8h23.040+0.002%$91K$288K50xas long as short
Gate KORU_USDT0.0000%8h23.044+0.021%$2.7M$3.6M25xas long as short
SunX KORU-USDT0.0000%8h23.050+0.047%$3.8M10xas long as short
HTX KORU-USDT0.0000%8h23.040+0.004%$8K$18K10xas long as short
Phemex KORUUSDTshort0.0000%8h23.040+0.004%$1.6M$2.4M10x
Lighter KORU+0.0032%1h23.059+0.086%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h23.070+0.134%$13K$51K5xas long as short
Bitget KORUUSDT+0.0251%8h23.024−0.065%$53.6M$57.5M20xas long as short