Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%

Price spread now: RISEx against Binance−0.225%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.070%−$7 on $10k

Price spread, last 7 days+0.243%+$24 · spread now −0.225%, 7d avg −0.010%

Together, before fees+0.173%+$17 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: RISEx is 0.215% cheaper against Binance than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KORUUSDT	21.939	0	get 0.0000% / 8h	6h 53m	$48.1M	$388.2M	25x
Short	RISEx KORU/USDC	21.890	0	get 0.0000% / 1h	53m 57s	$28K	$298K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.225%Rate

Funding earned: $0
Price spread: −0.225% → −0.010%: −$21.47
Slippage, 4 orders: −$8.79
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$46.25
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; RISEx: live order book, 39 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, 5 min ago	2.27 bp	7.3 bp −$7	11.0 bp −$110	30.9 bp −$3,090	111.5 bp −$55.7K
Sell RISEx live order book, 39 min ago	2.13 bp	5.1 bp −$5	10.9 bp −$109	doesn't fit	doesn't fit

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
Bitget KORUUSDT	−0.2325%	8h	21.925	−0.065%	$53.4M	$69.6M	20x	as long as short
Aster KORUUSDT	0.0000%	8h	21.940	+0.002%	$60K	$318K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.933	−0.027%	$7K	$174K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	21.939	long leg	$48.1M	$388.2M	25x
Bybit KORUUSDT	0.0000%	8h	21.920	−0.088%	$6.5M	$24.6M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.920	−0.088%	$6.0M	$32.0M	10x	as long as short
RISEx KORU/USDCshort	0.0000%	1h	21.890	−0.225%	$28K	$298K	5x
Gate KORU_USDT	0.0000%	8h	21.918	−0.097%	$2.9M	$3.9M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.930	−0.042%	$11.9M	$22.8M	50x	as long as short
SunX KORU-USDT	0.0000%	8h	21.870	−0.316%	—	$2.8M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX KORU-USDT	0.0000%	8h	21.900	−0.179%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.920	−0.088%	$1.6M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.902	−0.170%	—	—	10x	as long as short
tradeXYZ xyz:KORU	+0.0039%	1h	21.905	−0.156%	$3.5M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.990	+0.231%	$13K	$71K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	21.910	−0.134%	$402K	$867K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.000	+0.277%	$2K	$98K	10x	as long as short
edgeX KORUUSDC	+0.0144%	4h	21.985	+0.210%	$440K	$315K	10x	as long as short