Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0263%/8h= −28.8% APRpaid last 24h −0.086%

Price spread now: tradeXYZ against HTX−0.105%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and tradeXYZ is 0.105% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX KORU-USDT	21.840	0	get 0.0000% / 8h	57m 17s	$8K	$20K	10x
Short	tradeXYZ xyz:KORU	21.817	−0.0263	pay 0.0033% / 1h	57m 17s	$3.2M	$10.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now −0.105%Rate

Funding earned: −$55.15
Price spread: −0.105% → 0.000%: −$10.53
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$95.68
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 11 min ago	0.91 bp	13.6 bp −$14	20.8 bp −$208	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.2078%	8h	21.850	+0.046%	$54.1M	$61.6M	20x	as long as short
tradeXYZ xyz:KORUshort	−0.0263%	1h	21.817	−0.105%	$3.2M	$10.2M	10x
OKX KORU-USDT-SWAP	−0.0225%	8h	21.840	0.000%	$6.0M	$29.5M	10x	as long as short
KuCoin KORUUSDTM	−0.0102%	8h	21.830	−0.046%	$403K	$900K	20x	as long as short
MEXC KORU_USD1	−0.0012%	8h	21.860	+0.092%	$11.5M	$80K	20x	as long as short
Binance KORUUSDT	−0.0012%	8h	21.842	+0.008%	$49.1M	$376.8M	25x	as long as short
Extended KORU-USD	−0.0008%	1h	21.841	+0.005%	$5K	$178K	5x	as long as short
Aster KORUUSDT	0.0000%	8h	21.842	+0.008%	$64K	$319K	50x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.840	0.000%	$6.3M	$24.4M	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.831	−0.041%	$26K	$306K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	21.841	+0.005%	$2.4M	$4.1M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	21.830	−0.046%	—	$3.4M	10x	as long as short
HTX KORU-USDTlong	0.0000%	8h	21.840	long leg	$8K	$20K	10x
Phemex KORUUSDT	0.0000%	8h	21.850	+0.046%	$1.5M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.839	−0.005%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.830	−0.046%	$11K	$69K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.845	+0.023%	$2K	$102K	10x	as long as short
edgeX KORUUSDC	+0.0991%	4h	21.857	+0.079%	$438K	$313K	10x	as long as short