Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX−0.094%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.200%−$20 on $10k

Price spread, last 7 days+0.067%+$7 · spread now −0.094%, 7d avg +0.015%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.109% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	21.390	0	get 0.0000% / 8h	7h 49m	$6.1M	$29.3M	10x
Short	Bybit KORUUSDT	21.370	0	get 0.0000% / 8h	7h 49m	$6.4M	$23.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.094%Rate

Funding earned: $0
Price spread: −0.094% → +0.015%: −$10.85
Slippage, 4 orders: −$15.83
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$47.68
Costs to cover: 0.368%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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 OKX live order book, 4 min ago	2.34 bp	7.3 bp −$7	11.5 bp −$115	52.5 bp −$5,247	doesn't fit
Sell Bybit live order book, 4 min ago	2.34 bp	9.9 bp −$10	15.9 bp −$159	128.7 bp −$12.9K	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
Bitget KORUUSDT	−0.2910%	8h	21.384	−0.028%	$53.7M	$62.3M	20x	as long as short
edgeX KORUUSDC	−0.0015%	4h	21.362	−0.133%	$428K	$315K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	21.370	−0.092%	$64K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.348	−0.198%	$5K	$182K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.379	−0.050%	$49.7M	$383.0M	25x	as long as short
Bybit KORUUSDTshort	0.0000%	8h	21.370	−0.094%	$6.4M	$23.9M	50x
OKX KORU-USDT-SWAPlong	0.0000%	8h	21.390	long leg	$6.1M	$29.3M	10x
RISEx KORU/USDC	0.0000%	1h	21.351	−0.185%	$27K	$292K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.385	−0.023%	$2.7M	$3.7M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.370	−0.094%	$13.6M	$23.0M	50x	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	21.310	−0.374%	—	$3.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.390	0.000%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.340	−0.234%	$1.5M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.315	−0.351%	—	—	10x	as long as short
KuCoin KORUUSDTM	+0.0039%	8h	21.350	−0.187%	$415K	$889K	20x	as long as short
tradeXYZ xyz:KORU	+0.0050%	1h	21.367	−0.108%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.310	−0.374%	$11K	$69K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.390	0.000%	$1K	$103K	10x	as long as short