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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Gate+0.119%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.119%, 7d avg −0.003%
Together, before fees+0.244%+$24 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 0.121% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KORU_USDT21.8940get 0.0000% / 8h6h 58m$2.9M$3.8M25x
ShortKuCoin KORUUSDTM21.9200.0100get 0.0100% / 8h6h 58m$404K$868K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$21
Price spread: +0.119% → −0.003%
$12.14
Slippage, 4 orders
−$108.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$102.73
Costs to cover
1.359%
Break-even
41.2 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 15 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 Gate live order book, 4 min ago3.45 bp17.0 bp −$1738.0 bp −$38043.0 bp −$4,30158.9 bp −$29.4K
Sell KuCoin live order book, 15 min ago2.33 bp44.7 bp −$45doesn'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
Bitget KORUUSDT−0.2370%8h21.927+0.151%$53.6M$68.1M20xas long as short
edgeX KORUUSDC−0.0891%4h21.744−0.684%$436K$317K10xas long as short
tradeXYZ xyz:KORU−0.0108%1h21.883−0.050%$3.5M$10.3M10xas long as short
Aster KORUUSDT0.0000%8h21.933+0.176%$62K$320K50xas long as short
Extended KORU-USD0.0000%1h21.934+0.183%$7K$174K5xas long as short
Binance KORUUSDT0.0000%8h21.938+0.203%$48.1M$386.0M25xas long as short
Bybit KORUUSDT0.0000%8h21.940+0.210%$6.6M$24.4M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h21.930+0.164%$6.0M$31.5M10xas long as short
RISEx KORU/USDC0.0000%1h21.877−0.076%$28K$298K5xas long as short
Gate KORU_USDTlong0.0000%8h21.894long leg$2.9M$3.8M25x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KORU_USD10.0000%8h21.930+0.164%$11.6M$78K20xas long as short
SunX KORU-USDT0.0000%8h21.850−0.201%$2.9M10xas long as short
HTX KORU-USDT0.0000%8h21.810−0.384%$8K$21K20xas long as short
Phemex KORUUSDT0.0000%8h21.870−0.110%$1.6M$2.1M10xas long as short
Lighter KORU+0.0032%1h21.875−0.087%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.730−0.749%$13K$71K5xas long as short
KuCoin KORUUSDTMshort+0.0100%8h21.920+0.119%$404K$868K20x
GRVT KORU_USDT_Perp+0.0100%8h21.750−0.658%$2K$98K10xas long as short