Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.084%

Price spread now: SunX against tradeXYZ−0.327%7-day average +0.075% · you buy dearer than you sell

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

Long on tradeXYZ Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.327%, 7d avg +0.075%

Together, before fees+0.052%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.402% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.327% now, against its 7-day average of +0.075%). If the spread goes back, that is −$40 on $10k: about 2 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.020% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:KORU	22.042	−0.0021	get 0.0003% / 1h	57m 07s	$3.5M	$10.4M	10x
Short	SunX KORU-USDT	21.970	0	get 0.0000% / 8h	6h 57m	—	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.327%Rate

Funding earned: $4.33
Price spread: −0.327% → +0.075%: −$40.18
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SunX: 4 bp × 2 orders: −$8
Net: −$61.85
Costs to cover: 0.260%
Break-even: 107.1 days

Slippage unknown: tradeXYZ: live order book, 2 min ago; SunX: live order book, 11 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 tradeXYZ live order book, 2 min ago	0.91 bp	18.4 bp −$18	24.2 bp −$242	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	902.39 bp	doesn't fit	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
Bitget KORUUSDT	−0.2349%	8h	22.039	−0.014%	$53.7M	$68.5M	20x	as long as short
tradeXYZ xyz:KORUlong	−0.0021%	1h	22.042	long leg	$3.5M	$10.4M	10x
Aster KORUUSDT	0.0000%	8h	22.021	−0.096%	$62K	$321K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.994	−0.218%	$7K	$174K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.026	−0.073%	$48.3M	$386.6M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.030	−0.054%	$6.6M	$24.5M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.040	−0.009%	$6.0M	$31.9M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.976	−0.301%	$28K	$298K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.043	+0.005%	$2.9M	$3.8M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	22.020	−0.100%	$10.5M	$261K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDTshort	0.0000%	8h	21.970	−0.327%	—	$2.9M	10x
HTX KORU-USDT	0.0000%	8h	21.990	−0.236%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.000	−0.191%	$1.6M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.989	−0.240%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.990	−0.236%	$13K	$71K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	21.980	−0.281%	$405K	$864K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.750	−1.325%	$2K	$98K	10x	as long as short
edgeX KORUUSDC	+0.0882%	4h	21.855	−0.848%	$438K	$315K	10x	as long as short