Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit−0.135%46s7-day average −0.047% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.135%, 7d avg −0.047%

Together, before fees−0.183%−$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: SunX is 0.088% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KORUUSDT	22.220	0	get 0.0000% / 8h	4h 44m	$5.8M	$27.8M	50x
Short	SunX KORU-USDT	22.190	0	get 0.0000% / 8h	4h 44m	—	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.135%Rate

Funding earned: $0
Price spread: −0.135% → −0.047%: −$8.81
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$27.81
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 6 min ago. Net counts fees only.

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, 2 min ago	2.25 bp	11.0 bp −$11	15.5 bp −$155	114.3 bp −$11.4K	doesn't fit
Sell SunX live order book, 6 min ago	903.78 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

KORU on 18 exchanges

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	−0.1220%	8h	22.206	−0.063%	$52.1M	$81.5M	20x	as long as short
tradeXYZ xyz:KORU	−0.0120%	1h	22.185	−0.158%	$3.3M	$10.5M	10x	as long as short
RISEx KORU/USDC	−0.0037%	1h	22.207	−0.058%	$29K	$332K	5x	as long as short
Aster KORUUSDT	0.0000%	8h	22.202	−0.081%	$57K	$329K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.196	−0.108%	$6K	$173K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.210	−0.045%	$47.3M	$423.0M	25x	as long as short
Bybit KORUUSDTlong	0.0000%	8h	22.220	long leg	$5.8M	$27.8M	50x
OKX KORU-USDT-SWAP	0.0000%	8h	22.210	−0.045%	$6.3M	$37.3M	10x	as long as short
Gate KORU_USDT	0.0000%	8h	22.206	−0.063%	$2.3M	$4.6M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	22.210	−0.045%	$10.6M	$261K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDTshort	0.0000%	8h	22.190	−0.135%	—	$2.5M	10x
HTX KORU-USDT	0.0000%	8h	22.170	−0.225%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.190	−0.135%	$1.6M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.215	−0.023%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.300	+0.360%	$13K	$73K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.200	−0.090%	$408K	$834K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.232	+0.054%	$1K	$94K	10x	as long as short
edgeX KORUUSDC	+0.0822%	4h	22.138	−0.368%	$443K	$318K	10x	as long as short