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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0367%/8h= +40.2% APRpaid last 24h −0.029%
Price spread now: edgeX against Bybit+0.218%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$480.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now +0.218%, 7d avg −0.010%
Together, before fees+0.114%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.228% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% 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
LongBybit KORUUSDT21.5400get 0.0000% / 8h11m 00s$6.4M$24.5M50x
ShortedgeX KORUUSDC21.5870.0367get 0.0184% / 4h11m 00s$432K$317K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$77.09
Price spread: +0.218% → −0.010%
$22.77
Slippage, 4 orders
−$28.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$51.54
Costs to cover
0.483%
Break-even
2.3 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 28 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 Bybit live order book, 3 min ago2.32 bp10.5 bp −$1017.1 bp −$171116.8 bp −$11.7Kdoesn't fit
Sell edgeX live order book, 28 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−0.2718%8h21.552+0.056%$54.2M$62.6M20xas long as short
OKX KORU-USDT-SWAP−0.0007%8h21.550+0.046%$6.2M$29.3M10xas long as short
Aster KORUUSDT0.0000%8h21.543+0.012%$64K$322K50xas long as short
Extended KORU-USD0.0000%1h21.535−0.024%$5K$182K5xas long as short
Binance KORUUSDT0.0000%8h21.538−0.008%$49.7M$382.1M25xas long as short
Bybit KORUUSDTlong0.0000%8h21.540long leg$6.4M$24.5M50x
RISEx KORU/USDC0.0000%1h21.560+0.093%$28K$299K5xas long as short
Gate KORU_USDT0.0000%8h21.563+0.107%$2.7M$4.2M25xas long as short
MEXC KORU_USDT0.0000%8h21.550+0.046%$11.7M$23.0M50xas long as short
SunX KORU-USDT0.0000%8h21.570+0.139%$3.3M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX KORU-USDT0.0000%8h21.560+0.093%$8K$20K20xas long as short
Phemex KORUUSDT0.0000%8h21.550+0.046%$1.5M$2.2M10xas long as short
Lighter KORU+0.0032%1h21.530−0.046%10xas long as short
KuCoin KORUUSDTM+0.0045%8h21.5400.000%$421K$897K20xas long as short
tradeXYZ xyz:KORU+0.0050%1h21.520−0.093%$3.1M$10.3M10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.600+0.279%$11K$70K5xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.620+0.371%$2K$103K10xas long as short
edgeX KORUUSDCshort+0.0367%4h21.587+0.218%$432K$317K10x