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−0.0148%/8h= −16.2% APRnext payment $1.48 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.132%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$910.907% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.132%, 7d avg −0.008%
Together, before fees+0.302%+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM22.7400.0100pay 0.0100% / 8h6h 15m$432K$1.0M20x
ShortOKX KORU-USDT-SWAP22.710−0.0048pay 0.0048% / 8h6h 15m$6.1M$28.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$31.12
Price spread: −0.132% → −0.008%
−$12.43
Slippage, 4 orders
−$68.66
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$134.2
Costs to cover
0.907%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: 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 ago4.42 bp43.6 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.20 bp10.8 bp −$1115.7 bp −$15781.3 bp −$8,127doesn'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
tradeXYZ xyz:KORU−0.0949%1h22.727−0.057%$3.2M$7.9M10xas long as short
Bybit KORUUSDT−0.0770%8h22.760+0.088%$6.5M$21.9M50xas long as short
GRVT KORU_USDT_Perp−0.0591%8h22.679−0.267%$2K$95K10xas long as short
Gate KORU_USDT−0.0185%8h22.722−0.079%$2.6M$3.6M25xas long as short
OKX KORU-USDT-SWAPshort−0.0048%8h22.710−0.132%$6.1M$28.5M10x
Aster KORUUSDT0.0000%8h22.782+0.187%$92K$288K50xas long as short
Extended KORU-USD0.0000%1h22.717−0.102%$6K$211K5xas long as short
Binance KORUUSDT0.0000%8h22.733−0.031%$55.5M$328.2M25xas long as short
RISEx KORU/USDC0.0000%1h22.736−0.016%$36K$303K5xas long as short
MEXC KORU_USDT0.0000%8h22.730−0.044%$14.7M$19.9M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDT0.0000%8h22.704−0.158%$52.9M$60.0M20xas long as short
SunX KORU-USDT0.0000%8h22.770+0.132%$4.1M10xas long as short
HTX KORU-USDT0.0000%8h22.700−0.176%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.700−0.176%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.802+0.273%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.750+0.044%$16K$43K5xas long as short
KuCoin KORUUSDTMlong+0.0100%8h22.740long leg$432K$1.0M20x
edgeX KORUUSDC+0.0549%4h22.668−0.318%$454K$310K10xas long as short