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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.086%
Price spread now: OKX against tradeXYZ+0.070%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.463%+$46 on $10k
Price spread, last 7 days+0.015%+$1 · spread now +0.070%, 7d avg +0.108%
Together, before fees+0.478%+ Points / potential airdroptradeXYZ: Active · farm board+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.038% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.108%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.463%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:KORU21.5250.0050pay 0.0006% / 1h7m 48s$3.1M$10.3M10x
ShortOKX KORU-USDT-SWAP21.5400get 0.0000% / 8h7m 48s$6.2M$29.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$10.5
Price spread: +0.070% → +0.108%
−$3.84
Slippage, 4 orders
−$13.15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.5
Costs to cover
0.412%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; OKX: live order book, 1 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, 11 min ago1.16 bp13.0 bp −$1317.0 bp −$170doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.32 bp7.7 bp −$813.4 bp −$13471.5 bp −$7,146doesn'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
Bitget KORUUSDT−0.2768%8h21.547+0.102%$54.2M$62.6M20xas long as short
edgeX KORUUSDC−0.0612%4h21.550+0.115%$432K$315K10xas long as short
Aster KORUUSDT0.0000%8h21.534+0.040%$64K$323K50xas long as short
Extended KORU-USD0.0000%1h21.535+0.046%$5K$182K5xas long as short
Binance KORUUSDT0.0000%8h21.539+0.064%$49.7M$382.6M25xas long as short
Bybit KORUUSDT0.0000%8h21.530+0.023%$6.5M$24.5M50xas long as short
OKX KORU-USDT-SWAPshort0.0000%8h21.540+0.070%$6.2M$29.3M10x
RISEx KORU/USDC0.0000%1h21.534+0.041%$28K$299K5xas long as short
Gate KORU_USDT0.0000%8h21.542+0.079%$2.7M$4.2M25xas long as short
MEXC KORU_USDT0.0000%8h21.550+0.116%$11.7M$23.0M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h21.520−0.023%$3.3M10xas long as short
HTX KORU-USDT0.0000%8h21.540+0.070%$8K$20K20xas long as short
Phemex KORUUSDT0.0000%8h21.540+0.070%$1.5M$2.2M10xas long as short
Lighter KORU+0.0032%1h21.515−0.046%10xas long as short
tradeXYZ xyz:KORUlong+0.0050%1h21.525long leg$3.1M$10.3M10x
Ondo Perps KORU-USD.P+0.0050%1h21.560+0.163%$11K$70K5xas long as short
KuCoin KORUUSDTM+0.0053%8h21.530+0.023%$421K$897K20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.560+0.163%$2K$103K10xas long as short