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 Bybit−0.059%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.059%, 7d avg −0.014%

Together, before fees−0.178%−$18 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 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KORUUSDT	21.860	0	get 0.0000% / 8h	1h 00m	$6.3M	$24.5M	50x
Short	Gate KORU_USDT	21.847	0	get 0.0000% / 8h	1h 00m	$2.4M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.014%: −$4.54
Slippage, 4 orders: −$34.63
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$65.17
Costs to cover: 0.606%
Break-even: never at this rate

Slippage from Bybit: 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 Bybit live order book, 3 min ago	2.29 bp	11.0 bp −$11	17.4 bp −$174	124.2 bp −$12.4K	doesn't fit
Sell Gate live order book, 3 min ago	3.66 bp	19.7 bp −$20	43.2 bp −$432	67.7 bp −$6,775	92.8 bp −$46.4K

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	−0.2035%	8h	21.872	+0.055%	$54.2M	$61.7M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0235%	8h	21.860	0.000%	$6.0M	$29.6M	10x	as long as short
edgeX KORUUSDC	−0.0223%	4h	21.837	−0.106%	$438K	$315K	10x	as long as short
tradeXYZ xyz:KORU	−0.0186%	1h	21.838	−0.101%	$3.2M	$10.2M	10x	as long as short
KuCoin KORUUSDTM	−0.0108%	8h	21.850	−0.046%	$402K	$902K	20x	as long as short
MEXC KORU_USD1	−0.0017%	8h	21.860	0.000%	$11.5M	$85K	20x	as long as short
Binance KORUUSDT	−0.0016%	8h	21.854	−0.026%	$48.9M	$376.7M	25x	as long as short
Extended KORU-USD	−0.0016%	1h	21.850	−0.048%	$5K	$176K	5x	as long as short
Aster KORUUSDT	0.0000%	8h	21.854	−0.028%	$64K	$319K	50x	as long as short
Bybit KORUUSDTlong	0.0000%	8h	21.860	long leg	$6.3M	$24.5M	50x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx KORU/USDC	0.0000%	1h	21.836	−0.109%	$28K	$306K	5x	as long as short
Gate KORU_USDTshort	0.0000%	8h	21.847	−0.059%	$2.4M	$4.1M	25x
SunX KORU-USDT	0.0000%	8h	21.860	0.000%	—	$3.4M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.820	−0.183%	$8K	$20K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.870	+0.046%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.855	−0.023%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.870	+0.046%	$11K	$69K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.826	−0.156%	$2K	$102K	10x	as long as short