Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.098%

Price spread now: RISEx against OKX−0.013%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on OKX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.176%−$18 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.013%, 7d avg +0.024%

Together, before fees−0.141%−$14 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: RISEx is 0.037% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	22.480	0	get 0.0000% / 8h	1h 46m	$6.0M	$31.0M	10x
Short	RISEx KORU/USDC	22.477	0	get 0.0000% / 1h	46m 31s	$28K	$311K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.024%: −$3.7
Slippage, 4 orders: −$8.12
Fee OKX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$27.82
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; RISEx: live order book, 37 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, 2 min ago	2.22 bp	7.2 bp −$7	13.9 bp −$139	86.4 bp −$8,641	doesn't fit
Sell RISEx live order book, 37 min ago	1.78 bp	4.8 bp −$5	8.3 bp −$83	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
edgeX KORUUSDC	−0.0799%	4h	22.494	+0.061%	$450K	$304K	10x	as long as short
tradeXYZ xyz:KORU	−0.0197%	1h	22.459	−0.093%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.473	−0.029%	$82K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.486	+0.028%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.480	0.000%	$56.3M	$338.2M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.480	0.000%	$6.0M	$23.2M	50x	as long as short
OKX KORU-USDT-SWAPlong	0.0000%	8h	22.480	long leg	$6.0M	$31.0M	10x
RISEx KORU/USDCshort	0.0000%	1h	22.477	−0.013%	$28K	$311K	5x
Gate KORU_USDT	0.0000%	8h	22.479	−0.004%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.470	−0.044%	$13.9M	$20.3M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.475	−0.022%	$52.4M	$78.6M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.480	0.000%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.500	+0.089%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.490	+0.044%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.474	−0.027%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.500	+0.089%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.480	0.000%	$486K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.480	−0.001%	$2K	$112K	10x	as long as short