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 +0.098%

Price spread now: OKX against RISEx+0.013%7-day average −0.024% · 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−$20as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.176%+$18 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.013%, 7d avg −0.024%

Together, before fees+0.141%+$14 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: OKX is 0.037% dearer against RISEx than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.477	0	get 0.0000% / 1h	46m 15s	$28K	$311K	5x
Short	OKX KORU-USDT-SWAP	22.480	0	get 0.0000% / 8h	1h 46m	$6.0M	$31.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.024%: $3.7
Slippage, 4 orders: −$8.12
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$20.42
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from RISEx: live order book, 37 min ago; OKX: live order book, 2 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	1.78 bp	4.8 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.22 bp	7.3 bp −$7	15.7 bp −$157	85.2 bp −$8,515	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	−0.0799%	4h	22.494	+0.074%	$450K	$304K	10x	as long as short
tradeXYZ xyz:KORU	−0.0197%	1h	22.459	−0.081%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.474	−0.013%	$82K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.476	−0.004%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.492	+0.067%	$56.4M	$338.2M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.490	+0.057%	$6.0M	$23.2M	50x	as long as short
OKX KORU-USDT-SWAPshort	0.0000%	8h	22.480	+0.013%	$6.0M	$31.0M	10x
RISEx KORU/USDClong	0.0000%	1h	22.477	long leg	$28K	$311K	5x
Gate KORU_USDT	0.0000%	8h	22.479	+0.008%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.470	−0.032%	$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	22.482	+0.022%	$52.4M	$78.6M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.480	+0.013%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.520	+0.191%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.470	−0.032%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.475	−0.009%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.500	+0.102%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.480	+0.013%	$486K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.480	+0.012%	$2K	$112K	10x	as long as short