Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.062%

Price spread now: Bybit against RISEx−0.045%45s7-day average −0.011% · 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—prices read too far apart to compare

costs, in and out, $10k−$320.320% of the position

Long on RISEx Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 7 days+0.042%+$4 · spread now −0.045%, 7d avg −0.011%

Together, before fees+0.123%+$12 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: Bybit is 0.034% cheaper against RISEx than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.430	0	get 0.0000% / 1h	5m 50s	$28K	$311K	5x
Short	Bybit KORUUSDT	22.420	0	get 0.0000% / 8h	2h 05m	$6.0M	$23.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against RISEx. 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 RISExbpFee BybitbpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.011%: −$3.36
Slippage, 4 orders: −$14.99
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$35.35
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from RISEx: live order book, 17 min ago; Bybit: live order book, 3 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 RISEx live order book, 17 min ago	1.78 bp	4.8 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.23 bp	9.7 bp −$10	27.5 bp −$275	139.8 bp −$14.0K	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	−0.0651%	4h	22.425	−0.024%	$449K	$303K	10x	as long as short
tradeXYZ xyz:KORU	−0.0297%	1h	22.400	−0.134%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.440	+0.045%	$81K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.420	−0.047%	$7K	$167K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.422	−0.036%	$56.0M	$339.0M	25x	as long as short
Bybit KORUUSDTshort	0.0000%	8h	22.420	−0.045%	$6.0M	$23.3M	50x
OKX KORU-USDT-SWAP	0.0000%	8h	22.400	−0.134%	$6.0M	$31.1M	10x	as long as short
RISEx KORU/USDClong	0.0000%	1h	22.430	long leg	$28K	$311K	5x
Gate KORU_USDT	0.0000%	8h	22.415	−0.067%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.430	0.000%	$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	22.406	−0.107%	$52.4M	$78.3M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.410	−0.089%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.420	−0.045%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.430	0.000%	$1.6M	$2.5M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.424	−0.027%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.400	−0.134%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.410	−0.089%	$485K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.420	−0.045%	$1K	$114K	10x	as long as short