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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h +0.041%
Price spread now: Phemex against RISEx0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now 0.000%, 7d avg +0.015%
Together, before fees−0.189%−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.081% in total (about -8.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx KORU/USDC22.210−0.0493get 0.0062% / 1h9m 44s$28K$308K5x
ShortPhemex KORUUSDT22.2100get 0.0000% / 8h2h 09m$1.6M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$103.58
Price spread: 0.000% → +0.015%
−$1.46
Slippage, 4 orders
−$105.44
Fee RISEx: 3 bp × 2 orders
−$6
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$21.32
Costs to cover
1.234%
Break-even
8.4 days
Slippage from RISEx: live order book, 38 min ago; Phemex: live order book, 4 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 RISEx live order book, 38 min ago2.01 bp5.0 bp −$512.6 bp −$126doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago11.32 bp58.4 bp −$58doesn't fitdoesn't fitdoesn'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
Bitget KORUUSDT−0.1692%8h22.255+0.203%$54.3M$61.7M20xas long as short
RISEx KORU/USDClong−0.0493%1h22.210long leg$28K$308K5x
OKX KORU-USDT-SWAP−0.0388%8h22.270+0.270%$6.2M$30.1M10xas long as short
KuCoin KORUUSDTM−0.0234%8h22.270+0.270%$410K$917K20xas long as short
Extended KORU-USD−0.0136%1h22.231+0.093%$6K$179K5xas long as short
MEXC KORU_USDT−0.0133%8h22.270+0.270%$12.0M$22.6M50xas long as short
Binance KORUUSDT−0.0132%8h22.275+0.293%$51.4M$367.9M25xas long as short
Bybit KORUUSDT−0.0067%8h22.280+0.315%$6.4M$24.3M50xas long as short
Aster KORUUSDT−0.0048%8h22.270+0.270%$67K$336K50xas long as short
Gate KORU_USDT−0.0026%8h22.236+0.117%$2.3M$4.0M25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:KORU−0.0024%1h22.254+0.198%$3.2M$9.7M10xas long as short
SunX KORU-USDT0.0000%8h22.190−0.090%$3.6M10xas long as short
HTX KORU-USDT0.0000%8h22.220+0.045%$8K$19K10xas long as short
Phemex KORUUSDTshort0.0000%8h22.2100.000%$1.6M$2.3M10x
Lighter KORU+0.0032%1h22.269+0.266%10xas long as short
GRVT KORU_USDT_Perp+0.0046%8h21.990−0.990%$1K$104K10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.250+0.180%$11K$64K5xas long as short
edgeX KORUUSDC+0.0880%4h22.076−0.601%$442K$313K10xas long as short