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+0.0101%/8h= +11.0% APRnext payment +$1.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.044%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.044%, 7d avg −0.020%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.020%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.510−0.0316get 0.0316% / 8h2h 49m$51.7M$352.4M25x
ShortBybit KORUUSDT22.500−0.0215pay 0.0215% / 8h2h 49m$6.5M$23.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$21.17
Price spread: −0.044% → −0.020%
−$2.43
Slippage, 4 orders
−$13.76
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$16.02
Costs to cover
0.348%
Break-even
12.3 days
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 4 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 Binance live order book, 9 min ago2.23 bp7.2 bp −$710.2 bp −$10225.7 bp −$2,56778.8 bp −$39.4K
Sell Bybit live order book, 4 min ago2.22 bp9.4 bp −$917.1 bp −$171122.1 bp −$12.2Kdoesn'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−0.0551%8h22.484−0.116%$52.8M$59.0M20xas long as short
OKX KORU-USDT-SWAP−0.0539%8h22.500−0.044%$6.1M$28.8M10xas long as short
RISEx KORU/USDC−0.0493%1h22.497−0.060%$31K$308K5xas long as short
tradeXYZ xyz:KORU−0.0401%1h22.491−0.084%$3.2M$9.2M10xas long as short
Binance KORUUSDTlong−0.0316%8h22.510long leg$51.7M$352.4M25x
MEXC KORU_USDT−0.0315%8h22.490−0.089%$14.1M$21.0M50xas long as short
Extended KORU-USD−0.0312%1h22.494−0.072%$9K$179K5xas long as short
KuCoin KORUUSDTM−0.0298%8h22.500−0.044%$420K$932K20xas long as short
Bybit KORUUSDTshort−0.0215%8h22.500−0.044%$6.5M$23.3M50x
GRVT KORU_USDT_Perp−0.0135%8h22.524+0.063%$2K$102K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0122%8h22.489−0.095%$85K$296K50xas long as short
Gate KORU_USDT0.0000%8h22.494−0.071%$2.7M$3.8M25xas long as short
SunX KORU-USDT0.0000%8h22.530+0.089%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.520+0.044%$8K$19K10xas long as short
Phemex KORUUSDT0.0000%8h22.5100.000%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h22.522+0.053%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.550+0.178%$11K$54K5xas long as short
edgeX KORUUSDC+0.0768%4h22.485−0.112%$451K$313K10xas long as short