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: SunX against Phemex+0.044%7-day average −0.054% · you sell dearer than you buy

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

Long on Phemex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.044%, 7d avg −0.054%

Together, before fees−0.028%−$3 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: SunX is 0.099% dearer against Phemex than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex KORUUSDT	22.540	0	get 0.0000% / 8h	3h 22m	$1.6M	$2.3M	10x
Short	SunX KORU-USDT	22.550	0	get 0.0000% / 8h	3h 22m	—	$3.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.054%: $9.86
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 6 min ago; SunX: live order book, 5 min ago. 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, 6 min ago	4.41 bp	53.4 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	903.48 bp	doesn't fit	doesn't fit	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
OKX KORU-USDT-SWAP	−0.0579%	8h	22.540	0.000%	$6.2M	$28.1M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.553	+0.056%	$32K	$303K	5x	as long as short
edgeX KORUUSDC	−0.0432%	4h	22.624	+0.370%	$454K	$312K	10x	as long as short
tradeXYZ xyz:KORU	−0.0358%	1h	22.524	−0.071%	$3.1M	$9.1M	10x	as long as short
Binance KORUUSDT	−0.0311%	8h	22.550	+0.044%	$53.7M	$343.7M	25x	as long as short
MEXC KORU_USDT	−0.0307%	8h	22.560	+0.089%	$15.2M	$21.4M	50x	as long as short
Extended KORU-USD	−0.0304%	1h	22.544	+0.017%	$8K	$208K	5x	as long as short
KuCoin KORUUSDTM	−0.0286%	8h	22.590	+0.222%	$426K	$949K	20x	as long as short
Bybit KORUUSDT	−0.0266%	8h	22.540	0.000%	$6.5M	$22.4M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0195%	8h	22.610	+0.313%	$2K	$99K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0133%	8h	22.605	+0.290%	$87K	$292K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.550	+0.044%	$2.7M	$3.7M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.525	−0.067%	$52.7M	$58.4M	20x	as long as short
SunX KORU-USDTshort	0.0000%	8h	22.550	+0.044%	—	$3.7M	10x
HTX KORU-USDT	0.0000%	8h	22.560	+0.089%	$8K	$18K	10x	as long as short
Phemex KORUUSDTlong	0.0000%	8h	22.540	long leg	$1.6M	$2.3M	10x
Lighter KORU	+0.0032%	1h	22.560	+0.089%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.590	+0.222%	$11K	$54K	5x	as long as short