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

KORU

RWAall KORU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0727%/8h= −79.6% APRpaid last 24h +0.083%
Price spread now: edgeX against tradeXYZ+0.543%86s7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.260%+$26 on $10k
Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.543%, 7d avg +0.116%
Together, before fees−0.056%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.427% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.543% now, against its 7-day average of +0.116%): +$43 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 47 hours. Mind the row above: over the last 7 days funding on this pair paid +0.260%, so the current rate has only just turned against you. The two prices were read 86 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 0.260% in total (about 13.6% 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
LongtradeXYZ xyz:KORU21.1850.0050pay 0.0006% / 1h33m 59s$3.1M$10.3M10x
ShortedgeX KORUUSDC21.300−0.0677pay 0.0338% / 4h3h 33m$427K$315K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against tradeXYZ. 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
−$152.62
Price spread: +0.543% → +0.116%
$42.7
Slippage, 4 orders
−$29.62
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$166.54
Costs to cover
0.566%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; edgeX: live order book, 65 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 tradeXYZ live order book, 3 min ago1.88 bp11.3 bp −$1119.4 bp −$194doesn't fitdoesn't fit
Sell edgeX live order book, 65 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−0.2760%8h21.187+0.009%$53.3M$62.6M20xas long as short
edgeX KORUUSDCshort−0.0677%4h21.300+0.543%$427K$315K10x
Aster KORUUSDT0.0000%8h21.218+0.155%$64K$320K50xas long as short
Extended KORU-USD0.0000%1h21.202+0.081%$5K$176K5xas long as short
Binance KORUUSDT0.0000%8h21.210+0.118%$49.3M$383.0M25xas long as short
Bybit KORUUSDT0.0000%8h21.200+0.071%$6.4M$23.9M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h21.200+0.071%$6.1M$29.4M10xas long as short
RISEx KORU/USDC0.0000%1h21.209+0.111%$27K$293K5xas long as short
Gate KORU_USDT0.0000%8h21.229+0.208%$2.7M$3.8M25xas long as short
MEXC KORU_USD10.0000%8h21.230+0.212%$11.2M$80K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h21.200+0.071%$3.1M10xas long as short
HTX KORU-USDT0.0000%8h21.300+0.543%$8K$21K20xas long as short
Phemex KORUUSDT0.0000%8h21.220+0.165%$1.5M$2.1M10xas long as short
Lighter KORU+0.0032%1h21.197+0.057%10xas long as short
tradeXYZ xyz:KORUlong+0.0050%1h21.185long leg$3.1M$10.3M10x
Ondo Perps KORU-USD.P+0.0050%1h21.270+0.401%$11K$67K5xas long as short
KuCoin KORUUSDTM+0.0087%8h21.230+0.212%$412K$884K20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.300+0.543%$1K$102K10xas long as short