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 +0.029%
Price spread now: Bybit against KuCoin−0.220%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 4 days (all we have)+0.336%+$34 · spread now −0.220%, 7d avg +0.037%
Together, before fees+0.271%+$27 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 Bybit is 0.257% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM22.7300.0100pay 0.0100% / 8h14m 04s$482K$1.1M20x
ShortBybit KORUUSDT22.6800get 0.0000% / 8h14m 04s$6.1M$22.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.220% → +0.037%
−$25.66
Slippage, 4 orders
−$130.35
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$200.02
Costs to cover
1.534%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bybit: 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 KuCoin live order book, 1 min ago6.60 bp66.0 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.19 bp8.1 bp −$819.3 bp −$193140.4 bp −$14.0Kdoesn'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
tradeXYZ xyz:KORU−0.0168%1h22.648−0.361%$3.2M$7.4M10xas long as short
Aster KORUUSDT0.0000%8h22.715−0.066%$83K$260K50xas long as short
Extended KORU-USD0.0000%1h22.685−0.197%$19K$179K5xas long as short
Binance KORUUSDT0.0000%8h22.692−0.166%$56.7M$337.7M25xas long as short
Bybit KORUUSDTshort0.0000%8h22.680−0.220%$6.1M$22.3M50x
OKX KORU-USDT-SWAP0.0000%8h22.690−0.176%$6.0M$30.7M10xas long as short
RISEx KORU/USDC0.0000%1h22.763+0.145%$29K$312K5xas long as short
Gate KORU_USDT0.0000%8h22.701−0.128%$2.6M$3.2M25xas long as short
MEXC KORU_USDT0.0000%8h22.700−0.132%$14.2M$20.3M50xas long as short
Bitget KORUUSDT0.0000%8h22.681−0.216%$52.5M$72.1M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.710−0.088%$4.9M10xas long as short
HTX KORU-USDT0.0000%8h22.800+0.308%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.690−0.176%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.709−0.092%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.770+0.176%$19K$12K5xas long as short
KuCoin KORUUSDTMlong+0.0100%8h22.730long leg$482K$1.1M20x
GRVT KORU_USDT_Perp+0.0100%8h22.801+0.313%$2K$101K10xas long as short
edgeX KORUUSDC+0.0289%4h22.820+0.394%$457K$307K10xas long as short