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+0.0691%/8h= +75.7% APRpaid last 24h −0.029%
Price spread now: edgeX against SunX+0.366%46s7-day average +0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.366%, 7d avg +0.032%
Together, before fees−0.146%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.334% dearer against SunX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.032%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% 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
LongSunX KORU-USDT21.4600get 0.0000% / 8h7h 59m$3.3M10x
ShortedgeX KORUUSDC21.5380.0691get 0.0346% / 4h3h 59m$432K$316K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
$145.21
Price spread: +0.366% → +0.032%
$33.4
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$161.61
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: SunX: live order book, 9 min ago; edgeX: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago901.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 39 min ago9.18 bp14.4 bp −$1450.6 bp −$506doesn'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−0.2892%8h21.453−0.033%$54.1M$62.8M20xas long as short
tradeXYZ xyz:KORU−0.0067%1h21.437−0.107%$3.1M$10.3M10xas long as short
Aster KORUUSDT0.0000%8h21.474+0.065%$64K$323K50xas long as short
Extended KORU-USD0.0000%1h21.483+0.106%$5K$182K5xas long as short
Binance KORUUSDT0.0000%8h21.462+0.010%$49.8M$383.8M25xas long as short
Bybit KORUUSDT0.0000%8h21.470+0.047%$6.5M$24.4M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h21.4600.000%$6.2M$29.2M10xas long as short
RISEx KORU/USDC0.0000%1h21.476+0.072%$28K$297K5xas long as short
Gate KORU_USDT0.0000%8h21.491+0.144%$2.7M$3.6M25xas long as short
MEXC KORU_USDT0.0000%8h21.470+0.047%$11.6M$22.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDTlong0.0000%8h21.460long leg$3.3M10x
HTX KORU-USDT0.0000%8h21.500+0.186%$8K$20K20xas long as short
Phemex KORUUSDT0.0000%8h21.490+0.140%$1.5M$2.1M10xas long as short
Lighter KORU+0.0032%1h21.449−0.051%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.510+0.233%$11K$69K5xas long as short
KuCoin KORUUSDTM+0.0080%8h21.640+0.839%$424K$893K20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.518+0.271%$2K$104K10xas long as short
edgeX KORUUSDCshort+0.0691%4h21.538+0.366%$432K$316K10x