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 −0.055%
Price spread now: KuCoin against OKX−0.133%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.133%, 7d avg +0.002%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.136% cheaper against OKX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.002%). If the spread goes back, that is −$14 on $10k: about 4.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KORU-USDT-SWAP22.5100get 0.0000% / 8h1h 47m$6.0M$31.0M10x
ShortKuCoin KORUUSDTM22.4800.0100get 0.0100% / 8h1h 47m$486K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.133% → +0.002%
−$13.58
Slippage, 4 orders
−$71.98
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$86.55
Costs to cover
0.940%
Break-even
35.9 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago2.22 bp7.2 bp −$713.9 bp −$13986.4 bp −$8,641doesn't fit
Sell KuCoin live order book, 2 min ago6.67 bp42.7 bp −$43doesn't fitdoesn'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
edgeX KORUUSDC−0.0799%4h22.494−0.072%$450K$304K10xas long as short
tradeXYZ xyz:KORU−0.0212%1h22.480−0.133%$3.2M$8.2M10xas long as short
Aster KORUUSDT0.0000%8h22.499−0.047%$82K$263K50xas long as short
Extended KORU-USD0.0000%1h22.497−0.059%$19K$179K5xas long as short
Binance KORUUSDT0.0000%8h22.508−0.009%$56.4M$338.1M25xas long as short
Bybit KORUUSDT0.0000%8h22.520+0.044%$6.0M$23.2M50xas long as short
OKX KORU-USDT-SWAPlong0.0000%8h22.510long leg$6.0M$31.0M10x
RISEx KORU/USDC0.0000%1h22.519+0.040%$28K$310K5xas long as short
Gate KORU_USDT0.0000%8h22.497−0.058%$2.5M$3.3M25xas long as short
MEXC KORU_USDT0.0000%8h22.500−0.044%$13.9M$20.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDT0.0000%8h22.490−0.089%$52.5M$78.8M20xas long as short
SunX KORU-USDT0.0000%8h22.480−0.133%$5.1M10xas long as short
HTX KORU-USDT0.0000%8h22.520+0.044%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.500−0.044%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.485−0.111%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.500−0.044%$19K$11K5xas long as short
KuCoin KORUUSDTMshort+0.0100%8h22.480−0.133%$486K$1.2M20x
GRVT KORU_USDT_Perp+0.0100%8h22.480−0.134%$2K$112K10xas long as short