Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.074%
Price spread now: GRVT against OKX+0.069%91s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.069%, 7d avg +0.029%
Together, before fees−0.159%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.216%, so the current rate has only just turned in your favour. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KORU-USDT-SWAP22.5700get 0.0000% / 8h1h 25m$6.0M$30.9M10x
ShortGRVT KORU_USDT_Perp22.5860.0100get 0.0100% / 8h1h 25m$2K$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$21
Price spread: +0.069% → +0.029%
$4.03
Slippage, 4 orders
−$17.81
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$11.78
Costs to cover
0.368%
Break-even
10.9 days
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 55 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 OKX live order book, 3 min ago2.21 bp7.2 bp −$713.2 bp −$13276.7 bp −$7,669doesn't fit
Sell GRVT live order book, 55 min ago6.69 bp11.2 bp −$1118.9 bp −$189doesn't fitdoesn'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−0.0240%1h22.552−0.080%$3.2M$8.0M10xas long as short
Aster KORUUSDT0.0000%8h22.589+0.086%$82K$264K50xas long as short
Extended KORU-USD0.0000%1h22.566−0.018%$19K$179K5xas long as short
Binance KORUUSDT0.0000%8h22.5700.000%$56.5M$338.3M25xas long as short
Bybit KORUUSDT0.0000%8h22.590+0.089%$6.1M$22.6M50xas long as short
OKX KORU-USDT-SWAPlong0.0000%8h22.570long leg$6.0M$30.9M10x
RISEx KORU/USDC0.0000%1h22.574+0.016%$29K$313K5xas long as short
Gate KORU_USDT0.0000%8h22.580+0.044%$2.5M$3.3M25xas long as short
MEXC KORU_USDT0.0000%8h22.5700.000%$14.0M$20.3M50xas long as short
Bitget KORUUSDT0.0000%8h22.569−0.004%$52.7M$76.8M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.560−0.044%$5.1M10xas long as short
HTX KORU-USDT0.0000%8h22.580+0.044%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.5700.000%$1.6M$2.5M10xas long as short
Lighter KORU+0.0032%1h22.575+0.022%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.600+0.133%$19K$11K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.5700.000%$479K$1.2M20xas long as short
GRVT KORU_USDT_Perpshort+0.0100%8h22.586+0.069%$2K$107K10x
edgeX KORUUSDC+0.0136%4h22.589+0.084%$452K$303K10xas long as short