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+0.0393%/8h= +43.1% APRnext payment +$3.93 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.053%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.398%−$40 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.053%, 7d avg +0.001%
Together, before fees−0.467%−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.051% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.398%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KORU-USDT-SWAP22.830−0.0395get 0.0395% / 8h5h 26m$6.2M$28.4M10x
ShortGate KORU_USDT22.842−0.0002pay 0.0002% / 8h5h 26m$2.6M$3.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$82.61
Price spread: +0.053% → +0.001%
$5.12
Slippage, 4 orders
−$27.16
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$35.57
Costs to cover
0.522%
Break-even
4.0 days
Slippage from OKX: live order book, 2 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 OKX live order book, 2 min ago2.19 bp10.3 bp −$1016.1 bp −$16177.5 bp −$7,750doesn't fit
Sell Gate live order book, 2 min ago4.60 bp13.9 bp −$1437.2 bp −$37274.0 bp −$7,39898.6 bp −$49.3K

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
RISEx KORU/USDC−0.1847%1h22.840+0.046%$38K$302K5xas long as short
Bybit KORUUSDT−0.0840%8h22.850+0.088%$6.5M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0779%8h22.884+0.238%$1K$96K10xas long as short
tradeXYZ xyz:KORU−0.0745%1h22.852+0.096%$3.2M$8.3M10xas long as short
OKX KORU-USDT-SWAPlong−0.0395%8h22.830long leg$6.2M$28.4M10x
KuCoin KORUUSDTM−0.0162%8h22.860+0.131%$434K$1.0M20xas long as short
Extended KORU-USD−0.0136%1h22.834+0.017%$6K$213K5xas long as short
Binance KORUUSDT−0.0136%8h22.840+0.044%$55.6M$327.1M25xas long as short
MEXC KORU_USDT−0.0126%8h22.840+0.044%$16.0M$19.7M50xas long as short
Ondo Perps KORU-USD.P−0.0059%1h22.890+0.263%$13K$50K5xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0036%8h22.864+0.150%$90K$289K50xas long as short
Gate KORU_USDTshort−0.0002%8h22.842+0.053%$2.6M$3.6M25x
Bitget KORUUSDT0.0000%8h22.828−0.009%$53.1M$58.5M20xas long as short
SunX KORU-USDT0.0000%8h22.890+0.263%$3.9M10xas long as short
HTX KORU-USDT0.0000%8h22.850+0.088%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.8300.000%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.890+0.263%10xas long as short
edgeX KORUUSDC+0.0176%4h22.880+0.219%$458K$309K10xas long as short