Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: Bybit against OKX+0.044%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.044%, 7d avg +0.012%

Together, before fees−0.264%−$26 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	22.510	0	get 0.0000% / 8h	4h 04m	$6.1M	$30.4M	10x
Short	Bybit KORUUSDT	22.520	0	get 0.0000% / 8h	4h 04m	$5.8M	$23.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.012%: $3.22
Slippage, 4 orders: −$18.87
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$36.65
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 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 OKX live order book, 3 min ago	2.23 bp	11.6 bp −$12	14.2 bp −$142	62.1 bp −$6,207	doesn't fit
Sell Bybit live order book, 3 min ago	2.22 bp	10.9 bp −$11	15.5 bp −$155	109.6 bp −$11.0K	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
tradeXYZ xyz:KORU	−0.0148%	1h	22.495	−0.067%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.519	+0.040%	$87K	$253K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.528	+0.078%	$6K	$164K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.529	+0.084%	$56.9M	$327.9M	25x	as long as short
Bybit KORUUSDTshort	0.0000%	8h	22.520	+0.044%	$5.8M	$23.0M	50x
OKX KORU-USDT-SWAPlong	0.0000%	8h	22.510	long leg	$6.1M	$30.4M	10x
RISEx KORU/USDC	0.0000%	1h	22.496	−0.063%	$31K	$288K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.511	+0.004%	$2.6M	$3.2M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	22.530	+0.089%	$11.9M	$85K	20x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.512	+0.009%	$52.2M	$75.0M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.490	−0.089%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.510	0.000%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.510	0.000%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.482	−0.124%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.500	−0.044%	$19K	$9K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.530	+0.089%	$501K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.500	−0.044%	$2K	$120K	10x	as long as short
edgeX KORUUSDC	+0.0387%	4h	22.571	+0.273%	$452K	$306K	10x	as long as short