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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0576%/8h= −63.1% APRnext payment $0.72 per $10,000 · paid last 24h −0.090%
Price spread now: tradeXYZ against Extended+0.022%7-day average −0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.022%, 7d avg −0.095%
Together, before fees−0.338%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.117% dearer against Extended than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.095%): +$12 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.209% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KORU-USD22.894−0.0160get 0.0020% / 1h22m 47s$6K$213K5x
ShorttradeXYZ xyz:KORU22.899−0.0736pay 0.0092% / 1h22m 47s$3.2M$8.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. 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
−$120.93
Price spread: +0.022% → −0.095%
$11.73
Slippage, 4 orders
−$10.26
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$142.45
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Extended: live order book, 39 min ago; tradeXYZ: 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 Extended live order book, 39 min ago2.85 bp5.6 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago0.22 bp11.5 bp −$1218.8 bp −$188doesn'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
RISEx KORU/USDC−0.1847%1h22.870−0.102%$38K$301K5xas long as short
Bybit KORUUSDT−0.0840%8h22.910+0.070%$6.5M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0801%8h22.840−0.235%$1K$96K10xas long as short
tradeXYZ xyz:KORUshort−0.0736%1h22.899+0.022%$3.2M$8.3M10x
OKX KORU-USDT-SWAP−0.0409%8h22.900+0.027%$6.2M$28.5M10xas long as short
KuCoin KORUUSDTM−0.0177%8h22.880−0.061%$435K$1.0M20xas long as short
Binance KORUUSDT−0.0161%8h22.904+0.042%$55.7M$327.1M25xas long as short
Extended KORU-USDlong−0.0160%1h22.894long leg$6K$213K5x
MEXC KORU_USDT−0.0158%8h22.900+0.027%$16.1M$19.7M50xas long as short
Aster KORUUSDT−0.0058%8h22.872−0.097%$90K$289K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps KORU-USD.P−0.0054%1h22.870−0.105%$13K$50K5xas long as short
Gate KORU_USDT−0.0001%8h22.871−0.100%$2.6M$3.6M25xas long as short
Bitget KORUUSDT0.0000%8h22.883−0.048%$53.2M$58.5M20xas long as short
SunX KORU-USDT0.0000%8h22.930+0.158%$3.9M10xas long as short
HTX KORU-USDT0.0000%8h22.890−0.017%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.890−0.017%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.929+0.153%10xas long as short
edgeX KORUUSDC+0.0624%4h22.823−0.309%$457K$310K10xas long as short