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 +0.033%

Price spread now: MEXC against RISEx−0.002%7-day average −0.028% · 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−$11as in the Price arb table

costs, in and out, $10k−$140.140% of the position

Long on RISEx Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.021%+$2 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.002%, 7d avg −0.028%

Together, before fees+0.019%+$2 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: MEXC is 0.025% dearer against RISEx than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.500	0	get 0.0000% / 1h	45m 23s	$28K	$310K	5x
Short	MEXC KORU_USDT	22.500	0	get 0.0000% / 8h	1h 45m	$13.9M	$20.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → −0.028%: $2.54
Slippage, 4 orders: −$8.01
Fee RISEx: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: −$11.48
Costs to cover: 0.140%
Break-even: never at this rate

Slippage from RISEx: live order book, 38 min ago; MEXC: 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, 38 min ago	1.78 bp	4.8 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.22 bp	2.2 bp −$2	2.2 bp −$22	8.1 bp −$810	26.1 bp −$13.1K

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	−0.0294%	4h	22.491	−0.040%	$450K	$305K	10x	as long as short
tradeXYZ xyz:KORU	−0.0179%	1h	22.480	−0.091%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.485	−0.069%	$82K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.497	−0.015%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.506	+0.026%	$56.4M	$338.3M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.520	+0.087%	$6.0M	$23.0M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.500	−0.002%	$6.0M	$30.9M	10x	as long as short
RISEx KORU/USDClong	0.0000%	1h	22.500	long leg	$28K	$310K	5x
Gate KORU_USDT	0.0000%	8h	22.489	−0.051%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDTshort	0.0000%	8h	22.500	−0.002%	$13.9M	$20.3M	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.496	−0.020%	$52.5M	$78.6M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.500	−0.002%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.520	+0.087%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.470	−0.136%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.484	−0.073%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.430	−0.313%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.490	−0.047%	$487K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.487	−0.058%	$1K	$107K	10x	as long as short