Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance0.000%7-day average −0.036% · 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−$15as in the Price arb table

costs, in and out, $10k−$190.188% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 2 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg −0.036%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KORUUSDT	22.920	0	get 0.0000% / 8h	7h 47m	$58.0M	$327.6M	25x
Short	MEXC KORU_USDT	22.920	0	get 0.0000% / 8h	7h 47m	$13.8M	$20.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.036%: $3.55
Slippage, 4 orders: −$8.76
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$15.21
Costs to cover: 0.188%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 1 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 Binance live order book, 11 min ago	2.20 bp	7.2 bp −$7	10.3 bp −$103	28.8 bp −$2,885	86.5 bp −$43.3K
Sell MEXC live order book, 1 min ago	2.18 bp	2.2 bp −$2	2.2 bp −$22	7.3 bp −$732	20.3 bp −$10.2K

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
tradeXYZ xyz:KORU	−0.0758%	1h	22.902	−0.079%	$3.3M	$6.6M	10x	as long as short
edgeX KORUUSDC	−0.0658%	4h	22.894	−0.113%	$458K	$308K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.935	+0.064%	$82K	$259K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.953	+0.143%	$21K	$181K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	22.920	long leg	$58.0M	$327.6M	25x
Bybit KORUUSDT	0.0000%	8h	22.930	+0.044%	$6.5M	$22.1M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.920	0.000%	$6.1M	$29.7M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.930	+0.045%	$32K	$306K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.938	+0.079%	$2.6M	$3.3M	25x	as long as short
MEXC KORU_USDTshort	0.0000%	8h	22.920	0.000%	$13.8M	$20.9M	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.909	−0.048%	$53.3M	$65.2M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.940	+0.087%	—	$4.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.910	−0.044%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.940	+0.087%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.960	+0.175%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.950	+0.131%	$19K	$14K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.930	+0.044%	$489K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.914	−0.026%	$2K	$98K	10x	as long as short