Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h −0.024%
Price spread now: Bybit against edgeX−0.029%61s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.356%−$36 · spread now −0.029%, 7d avg +0.010%
Together, before fees−0.284%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.040% cheaper against edgeX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.072% in total) that is about 3.8 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.717−0.0966get 0.0483% / 4h2h 18m$455K$309K10x
ShortBybit KORUUSDT22.710−0.0738pay 0.0738% / 8h6h 18m$6.5M$21.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
$47.89
Price spread: −0.029% → +0.010%
−$3.95
Slippage, 4 orders
−$30.62
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$6.69
Costs to cover
0.506%
Break-even
8.0 days
Slippage from edgeX: live order book, 50 min ago; Bybit: live order book, 5 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 edgeX live order book, 50 min ago8.68 bp15.4 bp −$1547.2 bp −$472doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.20 bp10.7 bp −$1121.8 bp −$218126.5 bp −$12.7Kdoesn'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 KORUUSDClong−0.0966%4h22.717long leg$455K$309K10x
tradeXYZ xyz:KORU−0.0930%1h22.680−0.161%$3.2M$7.9M10xas long as short
Bybit KORUUSDTshort−0.0738%8h22.710−0.029%$6.5M$21.9M50x
GRVT KORU_USDT_Perp−0.0588%8h22.750+0.146%$2K$96K10xas long as short
Gate KORU_USDT−0.0180%8h22.690−0.117%$2.6M$3.6M25xas long as short
OKX KORU-USDT-SWAP−0.0028%8h22.690−0.117%$6.1M$28.5M10xas long as short
Aster KORUUSDT0.0000%8h22.730+0.057%$92K$288K50xas long as short
Extended KORU-USD0.0000%1h22.694−0.099%$6K$211K5xas long as short
Binance KORUUSDT0.0000%8h22.718+0.007%$55.5M$327.9M25xas long as short
RISEx KORU/USDC0.0000%1h22.694−0.099%$35K$302K5xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KORU_USDT0.0000%8h22.700−0.073%$14.7M$19.9M50xas long as short
Bitget KORUUSDT0.0000%8h22.699−0.077%$52.9M$60.2M20xas long as short
SunX KORU-USDT0.0000%8h22.720+0.015%$4.1M10xas long as short
HTX KORU-USDT0.0000%8h22.650−0.293%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.690−0.117%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.719+0.011%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.710−0.029%$16K$42K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.720+0.015%$431K$1.0M20xas long as short