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: Phemex against SunX0.000%7-day average +0.055% · you sell dearer than you buy

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

Long on SunX Short on Phemex

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)0.000%$0 · spread now 0.000%, 7d avg +0.055%

Together, before fees0.000%$0 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: Phemex is 0.055% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KORU-USDT	23.030	0	get 0.0000% / 8h	4h 40m	—	$3.9M	10x
Short	Phemex KORUUSDT	23.030	0	get 0.0000% / 8h	4h 40m	$1.6M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against SunX. 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 SunXbpFee PhemexbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.055%: −$5.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$25.49
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 7 min ago; Phemex: live order book, 3 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 SunX live order book, 7 min ago	902.76 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	6.52 bp	45.7 bp −$46	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
RISEx KORU/USDC	−0.0951%	1h	23.043	+0.057%	$41K	$300K	5x	as long as short
edgeX KORUUSDC	−0.0658%	4h	23.007	−0.101%	$461K	$310K	10x	as long as short
Bybit KORUUSDT	−0.0529%	8h	23.050	+0.087%	$6.8M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0497%	8h	22.956	−0.320%	$2K	$96K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0488%	8h	23.020	−0.043%	$6.2M	$28.2M	10x	as long as short
tradeXYZ xyz:KORU	−0.0366%	1h	23.046	+0.069%	$3.1M	$8.3M	10x	as long as short
Binance KORUUSDT	−0.0241%	8h	23.047	+0.075%	$56.1M	$329.7M	25x	as long as short
Extended KORU-USD	−0.0240%	1h	23.042	+0.054%	$7K	$205K	5x	as long as short
MEXC KORU_USD1	−0.0238%	8h	23.040	+0.043%	$12.1M	$82K	20x	as long as short
KuCoin KORUUSDTM	−0.0203%	8h	23.040	+0.043%	$438K	$988K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0090%	8h	23.044	+0.062%	$91K	$288K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	23.035	+0.022%	$2.7M	$3.6M	25x	as long as short
SunX KORU-USDTlong	0.0000%	8h	23.030	long leg	—	$3.9M	10x
HTX KORU-USDT	0.0000%	8h	23.030	0.000%	$8K	$18K	10x	as long as short
Phemex KORUUSDTshort	0.0000%	8h	23.030	0.000%	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	23.059	+0.126%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.950	−0.347%	$13K	$51K	5x	as long as short
Bitget KORUUSDT	+0.0124%	8h	23.026	−0.017%	$53.6M	$57.8M	20x	as long as short