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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance0.000%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 days+0.026%+$3 · spread now 0.000%, 7d avg −0.035%
Together, before fees+0.089%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KORUUSDT21.8600get 0.0000% / 8h6h 55m$47.9M$388.7M25x
ShortKuCoin KORUUSDTM21.8600.0100get 0.0100% / 8h6h 55m$400K$866K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: 0.000% → −0.035%
$3.53
Slippage, 4 orders
−$87.17
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$84.64
Costs to cover
1.092%
Break-even
35.2 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 19 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 Binance live order book, 4 min ago2.27 bp7.3 bp −$711.0 bp −$11030.9 bp −$3,090111.5 bp −$55.7K
Sell KuCoin live order book, 19 min ago2.33 bp44.7 bp −$45doesn'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−0.2330%8h21.863+0.014%$53.3M$69.5M20xas long as short
tradeXYZ xyz:KORU−0.0006%1h21.838−0.101%$3.5M$10.4M10xas long as short
Aster KORUUSDT0.0000%8h21.900+0.183%$62K$322K50xas long as short
Extended KORU-USD0.0000%1h21.862+0.007%$7K$174K5xas long as short
Binance KORUUSDTlong0.0000%8h21.860long leg$47.9M$388.7M25x
Bybit KORUUSDT0.0000%8h21.850−0.046%$6.5M$24.6M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h21.8600.000%$6.0M$31.9M10xas long as short
RISEx KORU/USDC0.0000%1h21.890+0.137%$28K$298K5xas long as short
Gate KORU_USDT0.0000%8h21.877+0.078%$2.9M$3.9M25xas long as short
MEXC KORU_USDT0.0000%8h21.870+0.046%$11.8M$22.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h21.840−0.091%$2.8M10xas long as short
HTX KORU-USDT0.0000%8h21.880+0.091%$8K$21K20xas long as short
Phemex KORUUSDT0.0000%8h21.850−0.046%$1.5M$2.1M10xas long as short
Lighter KORU+0.0032%1h21.834−0.119%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.990+0.595%$13K$71K5xas long as short
KuCoin KORUUSDTMshort+0.0100%8h21.8600.000%$400K$866K20x
GRVT KORU_USDT_Perp+0.0100%8h22.000+0.640%$2K$98K10xas long as short
edgeX KORUUSDC+0.0144%4h21.985+0.573%$440K$315K10xas long as short