Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.138%

Price spread now: Bitget against tradeXYZ+0.093%7-day average +0.129% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.298%+$30 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.093%, 7d avg +0.129%

Together, before fees+0.224%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.036% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.093% now, against its 7-day average of +0.129%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:KORU	22.472	−0.0216	get 0.0027% / 1h	48m 19s	$3.2M	$8.2M	10x
Short	Bitget KORUUSDT	22.493	0	get 0.0000% / 8h	1h 48m	$52.5M	$78.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.093%Rate

Funding earned: $45.42
Price spread: +0.093% → +0.129%: −$3.57
Slippage, 4 orders: −$19.22
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.38
Costs to cover: 0.492%
Break-even: 8.1 days

Slippage from tradeXYZ: live order book, 10 min ago; Bitget: live order book, 6 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 tradeXYZ live order book, 10 min ago	0.89 bp	14.3 bp −$14	19.0 bp −$190	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	0.89 bp	6.9 bp −$7	23.3 bp −$233	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
edgeX KORUUSDC	−0.0799%	4h	22.494	+0.097%	$450K	$304K	10x	as long as short
tradeXYZ xyz:KORUlong	−0.0216%	1h	22.472	long leg	$3.2M	$8.2M	10x
Aster KORUUSDT	0.0000%	8h	22.500	+0.125%	$82K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.497	+0.110%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.500	+0.125%	$56.4M	$338.1M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.500	+0.125%	$6.0M	$23.2M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.490	+0.080%	$6.0M	$31.0M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.519	+0.210%	$28K	$310K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.502	+0.133%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.490	+0.080%	$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 KORUUSDTshort	0.0000%	8h	22.493	+0.093%	$52.5M	$78.8M	20x
SunX KORU-USDT	0.0000%	8h	22.490	+0.080%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.500	+0.125%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.500	+0.125%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.504	+0.142%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.500	+0.125%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.500	+0.125%	$486K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.480	+0.035%	$2K	$112K	10x	as long as short