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−0.0031%/8h= −3.4% APRnext payment $0.31 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.138%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1041.043% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.138%, 7d avg −0.016%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.154% dearer against Bybit than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.016%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KORUUSDT21.7300get 0.0000% / 8h34m 05s$6.4M$24.2M50x
ShortKuCoin KORUUSDTM21.760−0.0031pay 0.0031% / 8h34m 05s$401K$893K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$6.51
Price spread: +0.138% → −0.016%
$15.39
Slippage, 4 orders
−$81.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$95.47
Costs to cover
1.043%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 60 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, 5 min ago2.30 bp9.5 bp −$1014.7 bp −$147119.3 bp −$11.9Kdoesn't fit
Sell KuCoin live order book, 60 min ago2.28 bp35.4 bp −$35doesn'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−0.2299%8h21.741+0.051%$54.3M$61.9M20xas long as short
edgeX KORUUSDC−0.0176%4h21.753+0.106%$436K$315K10xas long as short
OKX KORU-USDT-SWAP−0.0116%8h21.7300.000%$6.0M$29.3M10xas long as short
KuCoin KORUUSDTMshort−0.0031%8h21.760+0.138%$401K$893K20x
Aster KORUUSDT0.0000%8h21.736+0.027%$64K$319K50xas long as short
Extended KORU-USD0.0000%1h21.744+0.063%$9K$182K5xas long as short
Binance KORUUSDT0.0000%8h21.731+0.004%$49.6M$379.3M25xas long as short
Bybit KORUUSDTlong0.0000%8h21.730long leg$6.4M$24.2M50x
RISEx KORU/USDC0.0000%1h21.737+0.034%$28K$301K5xas long as short
Gate KORU_USDT0.0000%8h21.739+0.041%$2.5M$4.1M25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KORU_USD10.0000%8h21.760+0.138%$11.5M$82K20xas long as short
SunX KORU-USDT0.0000%8h21.720−0.046%$3.4M10xas long as short
HTX KORU-USDT0.0000%8h21.750+0.092%$8K$20K10xas long as short
Phemex KORUUSDT0.0000%8h21.7300.000%$1.5M$2.2M10xas long as short
Lighter KORU+0.0032%1h21.7300.000%10xas long as short
tradeXYZ xyz:KORU+0.0050%1h21.712−0.083%$3.2M$10.3M10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h21.760+0.138%$11K$70K5xas long as short
GRVT KORU_USDT_Perp+0.0100%8h21.787+0.262%$2K$103K10xas long as short