Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.065%

Price spread now: RISEx against GRVT+0.060%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. RISEx is 0.060% dearer against GRVT than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT KORU_USDT_Perp	22.770	−0.0220	get 0.0220% / 8h	3h 46m	$1K	$98K	10x
Short	RISEx KORU/USDC	22.784	−0.0513	pay 0.0064% / 1h	46m 57s	$35K	$301K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee RISExbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$61.59
Price spread: +0.060% → 0.000%: $5.99
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$70.6
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: GRVT: no order-book sample; RISEx: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT no order-book sample	—	—	—	—	—
Sell RISEx live order book, 6 min ago	1.75 bp	4.8 bp −$5	9.3 bp −$93	doesn't fit	doesn't fit

GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX KORU-USDT-SWAP	−0.0559%	8h	22.740	−0.132%	$6.2M	$28.1M	10x	as long as short
RISEx KORU/USDCshort	−0.0513%	1h	22.784	+0.060%	$35K	$301K	5x
Bybit KORUUSDT	−0.0287%	8h	22.760	−0.044%	$6.6M	$21.7M	50x	as long as short
Extended KORU-USD	−0.0272%	1h	22.747	−0.103%	$6K	$208K	5x	as long as short
Binance KORUUSDT	−0.0268%	8h	22.753	−0.073%	$54.7M	$333.6M	25x	as long as short
MEXC KORU_USDT	−0.0268%	8h	22.760	−0.044%	$15.2M	$21.1M	50x	as long as short
KuCoin KORUUSDTM	−0.0242%	8h	22.780	+0.044%	$439K	$958K	20x	as long as short
GRVT KORU_USDT_Perplong	−0.0220%	8h	22.770	long leg	$1K	$98K	10x
tradeXYZ xyz:KORU	−0.0139%	1h	22.744	−0.114%	$3.1M	$8.7M	10x	as long as short
Aster KORUUSDT	−0.0098%	8h	22.796	+0.115%	$88K	$290K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	22.777	+0.031%	$2.7M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.741	−0.127%	$53.0M	$57.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.780	+0.044%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.800	+0.132%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.750	−0.088%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.769	−0.004%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.770	0.000%	$13K	$50K	5x	as long as short
edgeX KORUUSDC	+0.0274%	4h	22.765	−0.021%	$456K	$313K	10x	as long as short