Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.062%

Price spread now: Extended against KuCoin−0.021%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$920.917% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.021%, 7d avg +0.001%

Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.560	0.0100	pay 0.0100% / 8h	1h 06m	$479K	$1.2M	20x
Short	Extended KORU-USD	22.555	0	get 0.0000% / 1h	6m 56s	$19K	$179K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$21
Price spread: −0.021% → +0.001%: −$2.12
Slippage, 4 orders: −$74.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$114.83
Costs to cover: 0.917%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 9 min ago.

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 KuCoin live order book, 3 min ago	4.43 bp	37.9 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 9 min ago	3.11 bp	6.0 bp −$6	10.5 bp −$105	doesn't fit	doesn't fit

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
tradeXYZ xyz:KORU	−0.0244%	1h	22.523	−0.164%	$3.2M	$7.6M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.566	+0.027%	$82K	$264K	50x	as long as short
Extended KORU-USDshort	0.0000%	1h	22.555	−0.021%	$19K	$179K	5x
Binance KORUUSDT	0.0000%	8h	22.560	0.000%	$56.4M	$339.1M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.560	0.000%	$6.1M	$22.7M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.550	−0.044%	$6.0M	$30.8M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.543	−0.076%	$28K	$313K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.561	+0.004%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.560	0.000%	$13.9M	$20.3M	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.546	−0.062%	$52.6M	$75.4M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.540	−0.089%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.550	−0.044%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.560	0.000%	$1.6M	$2.5M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.545	−0.066%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.550	−0.044%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTMlong	+0.0100%	8h	22.560	long leg	$479K	$1.2M	20x
GRVT KORU_USDT_Perp	+0.0100%	8h	22.566	+0.028%	$1K	$106K	10x	as long as short
edgeX KORUUSDC	+0.0865%	4h	22.572	+0.054%	$452K	$304K	10x	as long as short