Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0697%/8h= +76.3% APRpaid last 24h +0.052%
Price spread now: Aster against tradeXYZ+0.075%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$500.503% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.075%, 7d avg +0.131%
Together, before fees+0.111%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.057% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.131%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.084% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:KORU23.071−0.0697get 0.0087% / 1h4m 15s$3.1M$6.9M10x
ShortAster KORUUSDT23.0880get 0.0000% / 8h7h 04m$95K$276K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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

Funding earned
$146.29
Price spread: +0.075% → +0.131%
−$5.65
Slippage, 4 orders
−$24.25
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
$90.39
Costs to cover
0.503%
Break-even
2.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago1.95 bp15.4 bp −$1521.0 bp −$210doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago6.51 bp11.5 bp −$1240.3 bp −$403doesn't fitdoesn't fit

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:KORUlong−0.0697%1h23.071long leg$3.1M$6.9M10x
edgeX KORUUSDC−0.0677%4h23.044−0.116%$461K$308K10xas long as short
Bybit KORUUSDT−0.0032%8h23.070−0.004%$6.5M$22.0M50xas long as short
Aster KORUUSDTshort0.0000%8h23.088+0.075%$95K$276K50x
Extended KORU-USD0.0000%1h23.069−0.009%$6K$205K5xas long as short
Binance KORUUSDT0.0000%8h23.068−0.012%$58.0M$326.7M25xas long as short
OKX KORU-USDT-SWAP0.0000%8h23.060−0.048%$6.2M$29.4M10xas long as short
RISEx KORU/USDC0.0000%1h23.086+0.065%$35K$306K5xas long as short
Gate KORU_USDT0.0000%8h23.086+0.065%$2.7M$3.5M25xas long as short
MEXC KORU_USDT0.0000%8h23.070−0.004%$15.1M$21.5M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h23.090+0.082%$4.4M10xas long as short
HTX KORU-USDT0.0000%8h23.100+0.126%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h23.070−0.004%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h23.089+0.078%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h23.040−0.134%$19K$24K5xas long as short
KuCoin KORUUSDTM+0.0100%8h23.090+0.082%$471K$1.1M20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h22.975−0.416%$2K$96K10xas long as short
Bitget KORUUSDT+0.0347%8h23.040−0.134%$54.1M$64.3M20xas long as short