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−0.0046%/8h= −5.1% APRnext payment $0.46 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.007%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.362% 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+0.011%+$1 · spread now +0.007%, 7d avg +0.020%
Together, before fees+0.045%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KORUUSDT21.8900get 0.0000% / 8h1h 15m$6.3M$24.6M50x
ShortBinance KORUUSDT21.891−0.0046pay 0.0046% / 8h1h 15m$49.1M$377.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
−$9.69
Price spread: +0.007% → +0.020%
−$1.3
Slippage, 4 orders
−$15.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.21
Costs to cover
0.362%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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 Bybit live order book, 3 min ago2.28 bp12.1 bp −$1218.6 bp −$186118.4 bp −$11.8Kdoesn't fit
Sell Binance live order book, 13 min ago2.27 bp7.3 bp −$78.1 bp −$8123.8 bp −$2,37890.9 bp −$45.4K

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−0.1824%8h21.912+0.101%$53.9M$61.7M20xas long as short
OKX KORU-USDT-SWAP−0.0270%8h21.8900.000%$6.0M$29.8M10xas long as short
tradeXYZ xyz:KORU−0.0168%1h21.879−0.050%$3.2M$10.2M10xas long as short
KuCoin KORUUSDTM−0.0149%8h21.8900.000%$403K$903K20xas long as short
edgeX KORUUSDC−0.0059%4h21.968+0.356%$440K$315K10xas long as short
Extended KORU-USD−0.0048%1h21.884−0.029%$5K$176K5xas long as short
MEXC KORU_USD1−0.0047%8h21.900+0.046%$11.5M$84K20xas long as short
Binance KORUUSDTshort−0.0046%8h21.891+0.007%$49.1M$377.0M25x
Aster KORUUSDT0.0000%8h21.883−0.033%$64K$320K50xas long as short
Bybit KORUUSDTlong0.0000%8h21.890long leg$6.3M$24.6M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx KORU/USDC0.0000%1h21.892+0.011%$28K$308K5xas long as short
Gate KORU_USDT0.0000%8h21.887−0.014%$2.2M$4.1M25xas long as short
SunX KORU-USDT0.0000%8h21.8900.000%$3.5M10xas long as short
HTX KORU-USDT0.0000%8h21.880−0.046%$8K$20K10xas long as short
Phemex KORUUSDT0.0000%8h21.900+0.046%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h21.882−0.037%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.950+0.274%$11K$70K5xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.980+0.412%$1K$103K10xas long as short