Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −0.086%

Price spread now: tradeXYZ against Bybit−0.089%7-day average −0.123% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.250%−$25 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.089%, 7d avg −0.123%

Together, before fees−0.220%+ Points / potential airdroptradeXYZ: Active · farm board−$22 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: tradeXYZ is 0.034% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KORUUSDT	21.440	0	get 0.0000% / 8h	7h 59m	$6.5M	$24.4M	50x
Short	tradeXYZ xyz:KORU	21.421	−0.0005	pay 0.0001% / 1h	59m 05s	$3.1M	$10.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.089%Rate

Funding earned: −$1.09
Price spread: −0.089% → −0.123%: $3.4
Slippage, 4 orders: −$18.2
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$44.89
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; tradeXYZ: live order book, 10 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, 5 min ago	2.32 bp	8.4 bp −$8	19.1 bp −$191	130.3 bp −$13.0K	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.93 bp	13.6 bp −$14	20.0 bp −$200	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	−0.2892%	8h	21.438	−0.009%	$54.0M	$62.8M	20x	as long as short
tradeXYZ xyz:KORUshort	−0.0005%	1h	21.421	−0.089%	$3.1M	$10.3M	10x
Aster KORUUSDT	0.0000%	8h	21.450	+0.047%	$64K	$324K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.445	+0.023%	$5K	$182K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.450	+0.047%	$49.8M	$384.1M	25x	as long as short
Bybit KORUUSDTlong	0.0000%	8h	21.440	long leg	$6.5M	$24.4M	50x
OKX KORU-USDT-SWAP	0.0000%	8h	21.440	0.000%	$6.2M	$29.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.476	+0.166%	$28K	$297K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.447	+0.033%	$2.7M	$3.6M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.440	0.000%	$11.6M	$22.8M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	21.440	0.000%	—	$3.3M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.470	+0.140%	$8K	$20K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.440	0.000%	$1.5M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.434	−0.028%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.510	+0.326%	$11K	$69K	5x	as long as short
KuCoin KORUUSDTM	+0.0080%	8h	21.440	0.000%	$420K	$893K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.518	+0.365%	$2K	$104K	10x	as long as short
edgeX KORUUSDC	+0.0691%	4h	21.538	+0.459%	$432K	$316K	10x	as long as short