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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1847%/8h= −202.2% APRpaid last 24h +0.001%
Price spread now: RISEx against SunX−0.395%7-day average +0.048% · you buy dearer than you sell
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 4 days (all we have)+0.122%+$12 on $10k
Price spread, last 3 days (all we have)+0.457%+$46 · spread now −0.395%, 7d avg +0.048%
Together, before fees+0.579%+$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$55 a day on $10k at the current rate, and RISEx is 0.443% cheaper against SunX than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.122%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.122% in total (about 12.7% 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-USDT23.0200get 0.0000% / 8h5h 51m$4.0M10x
ShortRISEx KORU/USDC22.929−0.1847pay 0.0231% / 1h51m 06s$36K$303K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$387.79
Price spread: −0.395% → +0.048%
−$44.33
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$446.11
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 7 min ago; RISEx: live order book, 12 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, 7 min ago902.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 12 min ago1.97 bp5.0 bp −$512.3 bp −$123doesn'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
RISEx KORU/USDCshort−0.1847%1h22.929−0.395%$36K$303K5x
tradeXYZ xyz:KORU−0.1247%1h22.926−0.408%$3.1M$8.1M10xas long as short
Bybit KORUUSDT−0.1040%8h22.950−0.304%$6.5M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0978%8h22.898−0.531%$2K$96K10xas long as short
edgeX KORUUSDC−0.0588%4h22.893−0.551%$458K$310K10xas long as short
Ondo Perps KORU-USD.P−0.0314%1h22.930−0.391%$13K$50K5xas long as short
OKX KORU-USDT-SWAP−0.0298%8h22.930−0.391%$6.2M$28.6M10xas long as short
HTX KORU-USDT−0.0174%8h22.950−0.304%$8K$17K10xas long as short
Gate KORU_USDT−0.0164%8h22.942−0.339%$2.6M$3.6M25xas long as short
KuCoin KORUUSDTM−0.0079%8h22.920−0.434%$435K$1.0M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KORUUSDT−0.0035%8h22.950−0.304%$56.0M$325.4M25xas long as short
Extended KORU-USD−0.0032%1h22.944−0.331%$6K$206K5xas long as short
MEXC KORU_USDT−0.0026%8h22.940−0.348%$16.7M$19.6M50xas long as short
Aster KORUUSDT0.0000%8h22.932−0.383%$91K$288K50xas long as short
Bitget KORUUSDT0.0000%8h22.926−0.408%$53.3M$58.9M20xas long as short
SunX KORU-USDTlong0.0000%8h23.020long leg$4.0M10x
Phemex KORUUSDT0.0000%8h22.950−0.304%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.989−0.135%10xas long as short