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−0.0075%/8h= −8.2% APRnext payment $0.75 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.045%7-day average −0.015% · 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−$102as in the Price arb table
costs, in and out, $10k−$1081.077% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.045%, 7d avg −0.015%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.059% dearer against Bybit than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KORUUSDT22.380−0.0226get 0.0226% / 8h3h 05m$6.2M$22.9M50x
ShortKuCoin KORUUSDTM22.390−0.0301pay 0.0301% / 8h3h 05m$417K$939K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$15.68
Price spread: +0.045% → −0.015%
$5.94
Slippage, 4 orders
−$84.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$117.48
Costs to cover
1.077%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 44 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 ago2.24 bp7.7 bp −$816.6 bp −$166126.5 bp −$12.6Kdoesn't fit
Sell KuCoin live order book, 44 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
edgeX KORUUSDC−0.0640%4h22.306−0.330%$447K$313K10xas long as short
OKX KORU-USDT-SWAP−0.0558%8h22.3800.000%$6.2M$28.3M10xas long as short
RISEx KORU/USDC−0.0513%1h22.385+0.022%$30K$305K5xas long as short
Bitget KORUUSDT−0.0384%8h22.368−0.054%$52.5M$58.8M20xas long as short
tradeXYZ xyz:KORU−0.0325%1h22.381+0.004%$3.2M$9.2M10xas long as short
Extended KORU-USD−0.0320%1h22.384+0.019%$8K$170K5xas long as short
Binance KORUUSDT−0.0319%8h22.390+0.045%$52.7M$350.5M25xas long as short
MEXC KORU_USDT−0.0316%8h22.410+0.134%$15.5M$21.4M50xas long as short
KuCoin KORUUSDTMshort−0.0301%8h22.390+0.045%$417K$939K20x
Bybit KORUUSDTlong−0.0226%8h22.380long leg$6.2M$22.9M50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT KORU_USDT_Perp−0.0178%8h22.363−0.074%$2K$100K10xas long as short
Aster KORUUSDT−0.0132%8h22.436+0.248%$85K$295K50xas long as short
Gate KORU_USDT0.0000%8h22.388+0.036%$2.7M$3.8M25xas long as short
SunX KORU-USDT0.0000%8h22.410+0.134%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.400+0.089%$8K$19K10xas long as short
Phemex KORUUSDT0.0000%8h22.390+0.045%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h22.429+0.219%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.390+0.045%$11K$54K5xas long as short