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+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance+0.088%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days−0.115%−$11 · spread now +0.088%, 7d avg −0.035%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.123% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT22.610−0.0277get 0.0277% / 8h3h 40m$54.6M$334.9M25x
ShortKuCoin KORUUSDTM22.630−0.0258pay 0.0258% / 8h3h 40m$437K$954K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$4.09
Price spread: +0.088% → −0.035%
$12.34
Slippage, 4 orders
−$82.44
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$88.01
Costs to cover
1.044%
Break-even
157.6 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 9 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, 3 min ago2.20 bp7.2 bp −$79.5 bp −$9522.1 bp −$2,21377.8 bp −$38.9K
Sell KuCoin live order book, 9 min ago2.20 bp43.3 bp −$43doesn't fitdoesn'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
OKX KORU-USDT-SWAP−0.0574%8h22.6100.000%$6.2M$28.0M10xas long as short
RISEx KORU/USDC−0.0513%1h22.655+0.200%$34K$303K5xas long as short
edgeX KORUUSDC−0.0323%4h22.719+0.483%$455K$311K10xas long as short
Extended KORU-USD−0.0280%1h22.624+0.060%$6K$208K5xas long as short
MEXC KORU_USDT−0.0278%8h22.6100.000%$15.2M$21.2M50xas long as short
Binance KORUUSDTlong−0.0277%8h22.610long leg$54.6M$334.9M25x
Bybit KORUUSDT−0.0273%8h22.6100.000%$6.6M$21.8M50xas long as short
KuCoin KORUUSDTMshort−0.0258%8h22.630+0.088%$437K$954K20x
GRVT KORU_USDT_Perp−0.0214%8h22.720+0.487%$1K$98K10xas long as short
tradeXYZ xyz:KORU−0.0172%1h22.603−0.031%$3.1M$8.8M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0105%8h22.653+0.192%$87K$291K50xas long as short
Gate KORU_USDT0.0000%8h22.631+0.093%$2.6M$3.6M25xas long as short
Bitget KORUUSDT0.0000%8h22.608−0.009%$52.7M$58.0M20xas long as short
SunX KORU-USDT0.0000%8h22.620+0.044%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.640+0.133%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.6100.000%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.629+0.084%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.740+0.575%$13K$50K5xas long as short