Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1778%/8h= +194.7% APRpaid last 24h −0.001%

Price spread now: Binance against RISEx+0.035%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.023%+$2 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.035%, 7d avg +0.010%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and Binance is 0.025% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.023% in total (about 2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.811	−0.1847	get 0.0231% / 1h	46m 34s	$36K	$303K	5x
Short	Binance KORUUSDT	22.819	−0.0068	pay 0.0068% / 8h	5h 46m	$55.6M	$325.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now +0.035%Rate

Funding earned: $373.45
Price spread: +0.035% → +0.010%: $2.51
Slippage, 4 orders: −$8.3
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $351.67
Costs to cover: 0.243%
Break-even: 0.4 days

Slippage from RISEx: live order book, 17 min ago; Binance: live order book, 12 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 RISEx live order book, 17 min ago	1.97 bp	5.0 bp −$5	10.7 bp −$107	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.18 bp	7.2 bp −$7	9.4 bp −$94	20.4 bp −$2,035	87.4 bp −$43.7K

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
RISEx KORU/USDClong	−0.1847%	1h	22.811	long leg	$36K	$303K	5x
tradeXYZ xyz:KORU	−0.1135%	1h	22.821	+0.042%	$3.1M	$8.2M	10x	as long as short
Bybit KORUUSDT	−0.1000%	8h	22.820	+0.037%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0982%	8h	22.930	+0.518%	$2K	$96K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0325%	8h	22.790	−0.094%	$6.1M	$28.5M	10x	as long as short
Ondo Perps KORU-USD.P	−0.0239%	1h	22.880	+0.300%	$13K	$50K	5x	as long as short
HTX KORU-USDT	−0.0165%	8h	22.860	+0.213%	$8K	$17K	10x	as long as short
Gate KORU_USDT	−0.0132%	8h	22.829	+0.077%	$2.6M	$3.6M	25x	as long as short
KuCoin KORUUSDTM	−0.0108%	8h	22.850	+0.169%	$434K	$1.0M	20x	as long as short
Binance KORUUSDTshort	−0.0068%	8h	22.819	+0.035%	$55.6M	$325.7M	25x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KORU-USD	−0.0064%	1h	22.811	−0.003%	$7K	$211K	5x	as long as short
MEXC KORU_USDT	−0.0063%	8h	22.820	+0.037%	$16.6M	$19.6M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.847	+0.154%	$90K	$288K	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.807	−0.020%	$53.0M	$58.7M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.900	+0.388%	—	$4.0M	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.830	+0.081%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.850	+0.169%	—	—	10x	as long as short
edgeX KORUUSDC	+0.0189%	4h	22.904	+0.404%	$459K	$310K	10x	as long as short