Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Phemex+0.176%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.176% dearer against Phemex than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex KORUUSDT	22.730	0	get 0.0000% / 8h	3h 45m	$1.6M	$2.4M	10x
Short	HTX KORU-USDT	22.770	0	get 0.0000% / 8h	3h 45m	$8K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0
Price spread: +0.176% → 0.000%: $17.6
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$6.4
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; HTX: no order-book sample. Net counts fees only.

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 Phemex live order book, 3 min ago	6.58 bp	54.7 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
OKX KORU-USDT-SWAP	−0.0563%	8h	22.700	−0.132%	$6.2M	$28.0M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.714	−0.070%	$34K	$301K	5x	as long as short
Bybit KORUUSDT	−0.0281%	8h	22.720	−0.044%	$6.6M	$21.7M	50x	as long as short
Extended KORU-USD	−0.0272%	1h	22.709	−0.091%	$6K	$208K	5x	as long as short
Binance KORUUSDT	−0.0269%	8h	22.718	−0.054%	$54.7M	$333.7M	25x	as long as short
MEXC KORU_USDT	−0.0268%	8h	22.720	−0.044%	$15.3M	$21.1M	50x	as long as short
KuCoin KORUUSDTM	−0.0247%	8h	22.750	+0.088%	$438K	$958K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0220%	8h	22.770	+0.176%	$1K	$98K	10x	as long as short
tradeXYZ xyz:KORU	−0.0169%	1h	22.709	−0.092%	$3.1M	$8.7M	10x	as long as short
Aster KORUUSDT	−0.0098%	8h	22.761	+0.137%	$88K	$290K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	22.738	+0.035%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.699	−0.136%	$52.9M	$57.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.770	+0.176%	—	$3.7M	10x	as long as short
HTX KORU-USDTshort	0.0000%	8h	22.770	+0.176%	$8K	$18K	10x
Phemex KORUUSDTlong	0.0000%	8h	22.730	long leg	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	22.730	0.000%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.770	+0.176%	$13K	$50K	5x	as long as short
edgeX KORUUSDC	+0.0274%	4h	22.765	+0.155%	$456K	$313K	10x	as long as short