Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.071%

Price spread now: KuCoin against RISEx+0.019%7-day average −0.025% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$910.910% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.119%+$12 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.019%, 7d avg −0.025%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.044% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.226	−0.0493	get 0.0062% / 1h	10m 47s	$28K	$308K	5x
Short	KuCoin KORUUSDTM	22.230	−0.0233	pay 0.0233% / 8h	2h 10m	$409K	$917K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.019%Rate

Funding earned: $54.65
Price spread: +0.019% → −0.025%: $4.44
Slippage, 4 orders: −$73.02
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.92
Costs to cover: 0.910%
Break-even: 11.1 days

Slippage from RISEx: live order book, 37 min ago; KuCoin: live order book, 28 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, 37 min ago	2.01 bp	5.0 bp −$5	12.6 bp −$126	doesn't fit	doesn't fit
Sell KuCoin live order book, 28 min ago	2.26 bp	33.4 bp −$33	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
Bitget KORUUSDT	−0.1709%	8h	22.192	−0.152%	$54.2M	$61.7M	20x	as long as short
RISEx KORU/USDClong	−0.0493%	1h	22.226	long leg	$28K	$308K	5x
OKX KORU-USDT-SWAP	−0.0389%	8h	22.200	−0.116%	$6.2M	$30.0M	10x	as long as short
KuCoin KORUUSDTMshort	−0.0233%	8h	22.230	+0.019%	$409K	$917K	20x
MEXC KORU_USDT	−0.0137%	8h	22.210	−0.071%	$11.9M	$22.6M	50x	as long as short
Extended KORU-USD	−0.0136%	1h	22.212	−0.061%	$6K	$179K	5x	as long as short
Binance KORUUSDT	−0.0134%	8h	22.200	−0.116%	$51.2M	$367.5M	25x	as long as short
Bybit KORUUSDT	−0.0064%	8h	22.210	−0.071%	$6.3M	$24.2M	50x	as long as short
Aster KORUUSDT	−0.0048%	8h	22.217	−0.038%	$67K	$335K	50x	as long as short
Gate KORU_USDT	−0.0026%	8h	22.209	−0.075%	$2.3M	$4.0M	25x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KORU	−0.0020%	1h	22.201	−0.111%	$3.3M	$9.6M	10x	as long as short
SunX KORU-USDT	0.0000%	8h	22.200	−0.116%	—	$3.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.230	+0.019%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.230	+0.019%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.229	+0.015%	—	—	10x	as long as short
GRVT KORU_USDT_Perp	+0.0046%	8h	21.990	−1.059%	$1K	$104K	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.210	−0.071%	$11K	$63K	5x	as long as short
edgeX KORUUSDC	+0.0880%	4h	22.076	−0.671%	$442K	$313K	10x	as long as short