Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate−0.097%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 7 days+0.144%+$14 · spread now −0.097%, 7d avg +0.033%

Together, before fees+0.364%+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.129% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	21.563	0	get 0.0000% / 8h	11m 10s	$2.7M	$4.2M	25x
Short	Binance KORUUSDT	21.542	0	get 0.0000% / 8h	11m 10s	$49.7M	$382.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → +0.033%: −$12.94
Slippage, 4 orders: −$13.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$51.58
Costs to cover: 0.386%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	3.70 bp	11.6 bp −$12	28.3 bp −$283	40.8 bp −$4,084	57.3 bp −$28.6K
Sell Binance live order book, 2 min ago	2.32 bp	7.3 bp −$7	9.4 bp −$94	23.7 bp −$2,367	77.5 bp −$38.8K

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	−0.2718%	8h	21.554	−0.042%	$54.2M	$62.6M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0007%	8h	21.550	−0.060%	$6.2M	$29.3M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	21.549	−0.067%	$64K	$322K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.535	−0.131%	$5K	$182K	5x	as long as short
Binance KORUUSDTshort	0.0000%	8h	21.542	−0.097%	$49.7M	$382.1M	25x
Bybit KORUUSDT	0.0000%	8h	21.540	−0.107%	$6.4M	$24.5M	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.560	−0.014%	$28K	$299K	5x	as long as short
Gate KORU_USDTlong	0.0000%	8h	21.563	long leg	$2.7M	$4.2M	25x
MEXC KORU_USDT	0.0000%	8h	21.550	−0.060%	$11.7M	$23.0M	50x	as long as short
SunX KORU-USDT	0.0000%	8h	21.570	+0.032%	—	$3.3M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX KORU-USDT	0.0000%	8h	21.560	−0.014%	$8K	$20K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.550	−0.060%	$1.5M	$2.2M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.530	−0.153%	—	—	10x	as long as short
KuCoin KORUUSDTM	+0.0045%	8h	21.560	−0.014%	$422K	$897K	20x	as long as short
tradeXYZ xyz:KORU	+0.0050%	1h	21.530	−0.153%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.600	+0.172%	$11K	$70K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.620	+0.264%	$2K	$103K	10x	as long as short
edgeX KORUUSDC	+0.0367%	4h	21.587	+0.111%	$432K	$317K	10x	as long as short