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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.334%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.280%−$28 on $10k
Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.334%, 7d avg +0.005%
Together, before fees+0.059%+$6 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 Gate is 0.340% cheaper against KuCoin than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM22.7300.0100pay 0.0100% / 8h6h 36m$427K$1.0M20x
ShortGate KORU_USDT22.6540get 0.0000% / 8h6h 36m$2.6M$3.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.334% → +0.005%
−$33.97
Slippage, 4 orders
−$95.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$177.65
Costs to cover
1.227%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago2.21 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.73 bp18.5 bp −$1845.7 bp −$45769.4 bp −$6,93693.9 bp −$47.0K

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−0.0708%1h22.686−0.194%$3.4M$7.8M10xas long as short
Bybit KORUUSDT−0.0409%8h22.680−0.220%$6.4M$22.0M50xas long as short
GRVT KORU_USDT_Perp−0.0038%8h22.660−0.308%$1K$95K10xas long as short
Aster KORUUSDT0.0000%8h22.749+0.083%$92K$288K50xas long as short
Extended KORU-USD0.0000%1h22.654−0.333%$7K$207K5xas long as short
Binance KORUUSDT0.0000%8h22.670−0.264%$55.7M$329.1M25xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.680−0.220%$6.1M$28.6M10xas long as short
RISEx KORU/USDC0.0000%1h22.663−0.297%$34K$303K5xas long as short
Gate KORU_USDTshort0.0000%8h22.654−0.334%$2.6M$3.5M25x
MEXC KORU_USDT0.0000%8h22.680−0.220%$14.7M$19.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDT0.0000%8h22.675−0.242%$53.0M$62.2M20xas long as short
SunX KORU-USDT0.0000%8h22.670−0.264%$4.2M10xas long as short
HTX KORU-USDT0.0000%8h22.650−0.352%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.640−0.396%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.727−0.013%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.720−0.044%$17K$39K5xas long as short
KuCoin KORUUSDTMlong+0.0100%8h22.730long leg$427K$1.0M20x
edgeX KORUUSDC+0.0861%4h22.636−0.413%$453K$308K10xas long as short