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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0786%/8h= −86.1% APRpaid last 24h −0.046%
Price spread now: RISEx against edgeX−0.129%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$400.405% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.129%, 7d avg +0.008%
Together, before fees+0.034%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and RISEx is 0.137% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.025% in total (about -2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.3560.0786pay 0.0393% / 4h2h 01m$448K$317K10x
ShortRISEx KORU/USDC22.3270get 0.0000% / 1h1m 26s$29K$310K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$165.14
Price spread: −0.129% → +0.008%
−$13.72
Slippage, 4 orders
−$25.47
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$219.34
Costs to cover
0.405%
Break-even
never at this rate
Slippage from edgeX: live order book, 50 min ago; RISEx: live order book, 50 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 ago9.12 bp15.7 bp −$1653.5 bp −$535doesn't fitdoesn't fit
Sell RISEx live order book, 50 min ago1.83 bp4.8 bp −$511.2 bp −$112doesn't fitdoesn't fit

KORU on 18 exchanges

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−0.1830%8h22.334−0.098%$52.4M$77.1M20xas long as short
tradeXYZ xyz:KORU−0.0059%1h22.327−0.130%$3.4M$10.5M10xas long as short
Aster KORUUSDT0.0000%8h22.321−0.158%$59K$325K50xas long as short
Extended KORU-USD0.0000%1h22.308−0.215%$7K$172K5xas long as short
Binance KORUUSDT0.0000%8h22.325−0.140%$47.6M$409.0M25xas long as short
Bybit KORUUSDT0.0000%8h22.340−0.072%$6.2M$26.7M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.330−0.116%$6.2M$35.6M10xas long as short
RISEx KORU/USDCshort0.0000%1h22.327−0.129%$29K$310K5x
Gate KORU_USDT0.0000%8h22.308−0.215%$2.5M$4.3M25xas long as short
MEXC KORU_USDT0.0000%8h22.310−0.206%$16.1M$24.8M50xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.310−0.206%$2.7M10xas long as short
HTX KORU-USDT0.0000%8h22.290−0.295%$8K$21K20xas long as short
Phemex KORUUSDT0.0000%8h22.280−0.340%$1.6M$2.1M10xas long as short
Lighter KORU+0.0032%1h22.315−0.183%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.200−0.698%$13K$73K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.310−0.206%$404K$853K20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h22.279−0.344%$2K$96K10xas long as short
edgeX KORUUSDClong+0.0786%4h22.356long leg$448K$317K10x