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−0.0018%/8h= −2.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin−0.046%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$10 on $10k
Price spread, last 7 days+0.012%+$1 · spread now −0.046%, 7d avg +0.016%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM21.6300.0018pay 0.0018% / 8h20m 10s$399K$892K20x
ShortBybit KORUUSDT21.6200get 0.0000% / 8h20m 10s$6.4M$24.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
−$3.78
Price spread: −0.046% → +0.016%
−$6.2
Slippage, 4 orders
−$71.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$104.67
Costs to cover
0.947%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 3 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 KuCoin live order book, 4 min ago4.63 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.31 bp10.1 bp −$1020.5 bp −$205138.4 bp −$13.8Kdoesn'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−0.2585%8h21.634+0.018%$54.3M$62.4M20xas long as short
OKX KORU-USDT-SWAP−0.0049%8h21.610−0.092%$6.1M$29.2M10xas long as short
Aster KORUUSDT0.0000%8h21.620−0.047%$64K$322K50xas long as short
Extended KORU-USD0.0000%1h21.613−0.080%$9K$181K5xas long as short
Binance KORUUSDT0.0000%8h21.619−0.049%$49.8M$380.5M25xas long as short
Bybit KORUUSDTshort0.0000%8h21.620−0.046%$6.4M$24.5M50x
RISEx KORU/USDC0.0000%1h21.621−0.042%$28K$299K5xas long as short
Gate KORU_USDT0.0000%8h21.640+0.046%$2.6M$4.2M25xas long as short
MEXC KORU_USDT0.0000%8h21.6300.000%$11.7M$23.0M50xas long as short
SunX KORU-USDT0.0000%8h21.620−0.046%$3.3M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX KORU-USDT0.0000%8h21.640+0.046%$8K$20K20xas long as short
Phemex KORUUSDT0.0000%8h21.610−0.092%$1.5M$2.2M10xas long as short
KuCoin KORUUSDTMlong+0.0018%8h21.630long leg$399K$892K20x
Lighter KORU+0.0032%1h21.600−0.139%10xas long as short
tradeXYZ xyz:KORU+0.0050%1h21.600−0.139%$3.1M$10.3M10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.600−0.139%$11K$70K5xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.590−0.184%$2K$103K10xas long as short
edgeX KORUUSDC+0.0544%4h21.603−0.124%$433K$315K10xas long as short