Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.081%

Price spread now: tradeXYZ against Gate−0.150%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 7 days+0.069%+$7 · spread now −0.150%, 7d avg −0.112%

Together, before fees+0.015%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 0.038% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.112%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	22.609	0	get 0.0000% / 8h	3h 38m	$2.6M	$3.6M	25x
Short	tradeXYZ xyz:KORU	22.575	−0.0157	pay 0.0020% / 1h	38m 45s	$3.1M	$8.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$32.93
Price spread: −0.150% → −0.112%: −$3.82
Slippage, 4 orders: −$28.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$98.35
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago	4.18 bp	15.6 bp −$16	31.3 bp −$313	42.0 bp −$4,201	57.6 bp −$28.8K
Sell tradeXYZ live order book, 10 min ago	4.39 bp	14.1 bp −$14	21.5 bp −$215	doesn't fit	doesn't fit

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
OKX KORU-USDT-SWAP	−0.0573%	8h	22.580	−0.128%	$6.2M	$28.0M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.615	+0.027%	$34K	$303K	5x	as long as short
Extended KORU-USD	−0.0280%	1h	22.598	−0.048%	$6K	$208K	5x	as long as short
Binance KORUUSDT	−0.0279%	8h	22.618	+0.038%	$54.6M	$335.4M	25x	as long as short
MEXC KORU_USDT	−0.0277%	8h	22.620	+0.049%	$15.2M	$21.2M	50x	as long as short
Bybit KORUUSDT	−0.0267%	8h	22.600	−0.040%	$6.6M	$21.8M	50x	as long as short
KuCoin KORUUSDTM	−0.0256%	8h	22.590	−0.084%	$435K	$954K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0205%	8h	22.685	+0.334%	$2K	$99K	10x	as long as short
tradeXYZ xyz:KORUshort	−0.0157%	1h	22.575	−0.150%	$3.1M	$8.8M	10x
Aster KORUUSDT	−0.0108%	8h	22.596	−0.059%	$87K	$291K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDTlong	0.0000%	8h	22.609	long leg	$2.6M	$3.6M	25x
Bitget KORUUSDT	0.0000%	8h	22.595	−0.062%	$52.7M	$58.1M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.610	+0.004%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.610	+0.004%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.610	+0.004%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.579	−0.133%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.740	+0.579%	$13K	$50K	5x	as long as short
edgeX KORUUSDC	+0.0525%	4h	22.684	+0.331%	$454K	$311K	10x	as long as short