Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.110%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 2 days (all we have)−0.107%−$11 · spread now +0.110%, 7d avg −0.022%

Together, before fees−0.327%−$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.133% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KORUUSDT	22.660	0	get 0.0000% / 8h	6h 40m	$56.4M	$328.3M	25x
Short	Gate KORU_USDT	22.685	0	get 0.0000% / 8h	6h 40m	$2.6M	$3.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.110%Rate

Funding earned: $0
Price spread: +0.110% → −0.022%: $13.26
Slippage, 4 orders: −$23.87
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.62
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Gate: live order book, 3 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 Binance live order book, 3 min ago	2.20 bp	7.2 bp −$7	10.2 bp −$102	25.2 bp −$2,520	86.5 bp −$43.3K
Sell Gate live order book, 3 min ago	4.62 bp	18.6 bp −$19	40.0 bp −$400	71.7 bp −$7,171	97.9 bp −$49.0K

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
edgeX KORUUSDC	−0.0842%	4h	22.767	+0.470%	$456K	$307K	10x	as long as short
tradeXYZ xyz:KORU	−0.0538%	1h	22.672	+0.053%	$3.4M	$7.9M	10x	as long as short
Bybit KORUUSDT	−0.0204%	8h	22.670	+0.044%	$6.4M	$22.0M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.737	+0.338%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.675	+0.064%	$7K	$210K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	22.660	long leg	$56.4M	$328.3M	25x
OKX KORU-USDT-SWAP	0.0000%	8h	22.660	0.000%	$6.1M	$28.5M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.660	+0.002%	$35K	$303K	5x	as long as short
Gate KORU_USDTshort	0.0000%	8h	22.685	+0.110%	$2.6M	$3.5M	25x
MEXC KORU_USDT	0.0000%	8h	22.660	0.000%	$14.7M	$19.8M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.720	+0.265%	—	$4.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.720	+0.265%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.710	+0.221%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.740	+0.353%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.750	+0.397%	$17K	$32K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.740	+0.353%	$431K	$1.0M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.810	+0.662%	$2K	$94K	10x	as long as short
Bitget KORUUSDT	+0.0132%	8h	22.664	+0.018%	$53.0M	$62.2M	20x	as long as short