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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against KuCoin+0.008%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 2 days (all we have)−0.002%$0 · spread now +0.008%, 7d avg +0.036%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM22.7000.0100pay 0.0100% / 8h13m 25s$481K$1.1M20x
ShortBinance KORUUSDT22.7020get 0.0000% / 8h13m 25s$56.7M$336.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
−$21
Price spread: +0.008% → +0.036%
−$2.81
Slippage, 4 orders
−$126.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$172.51
Costs to cover
1.487%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 15 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 KuCoin live order book, 2 min ago6.60 bp66.0 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.20 bp7.2 bp −$710.5 bp −$10523.2 bp −$2,32283.0 bp −$41.5K

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
tradeXYZ xyz:KORU−0.0165%1h22.680−0.088%$3.2M$7.4M10xas long as short
Aster KORUUSDT0.0000%8h22.7000.000%$82K$260K50xas long as short
Extended KORU-USD0.0000%1h22.692−0.033%$19K$179K5xas long as short
Binance KORUUSDTshort0.0000%8h22.702+0.008%$56.7M$336.6M25x
Bybit KORUUSDT0.0000%8h22.7000.000%$6.1M$22.3M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.7000.000%$6.0M$30.7M10xas long as short
RISEx KORU/USDC0.0000%1h22.7000.000%$29K$312K5xas long as short
Gate KORU_USDT0.0000%8h22.691−0.040%$2.6M$3.2M25xas long as short
MEXC KORU_USDT0.0000%8h22.7000.000%$14.2M$20.3M50xas long as short
Bitget KORUUSDT0.0000%8h22.691−0.040%$52.5M$72.0M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.710+0.044%$4.9M10xas long as short
HTX KORU-USDT0.0000%8h22.800+0.441%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.690−0.044%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.685−0.066%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.770+0.308%$19K$12K5xas long as short
KuCoin KORUUSDTMlong+0.0100%8h22.700long leg$481K$1.1M20x
GRVT KORU_USDT_Perp+0.0100%8h22.801+0.446%$2K$101K10xas long as short
edgeX KORUUSDC+0.0273%4h22.801+0.443%$456K$307K10xas long as short