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+0.0598%/8h= +65.5% APRpaid last 24h +0.029%
Price spread now: MEXC against edgeX−0.235%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.235%, 7d avg −0.022%
Together, before fees+0.215%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.213% cheaper against edgeX than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.022%). If the spread goes back, that is −$21 on $10k: about 29 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.086% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% 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
LongedgeX KORUUSDC22.774−0.0871get 0.0435% / 4h3h 43m$456K$313K10x
ShortMEXC KORU_USDT22.720−0.0273pay 0.0273% / 8h3h 43m$15.3M$21.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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
$125.52
Price spread: −0.235% → −0.022%
−$21.34
Slippage, 4 orders
−$24.86
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
$70.33
Costs to cover
0.339%
Break-even
3.1 days
Slippage from edgeX: live order book, 10 min ago; MEXC: live order book, 5 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 edgeX live order book, 10 min ago8.76 bp15.1 bp −$1550.8 bp −$508doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.19 bp2.2 bp −$22.2 bp −$225.6 bp −$56118.5 bp −$9,265

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
edgeX KORUUSDClong−0.0871%4h22.774long leg$456K$313K10x
OKX KORU-USDT-SWAP−0.0573%8h22.720−0.235%$6.2M$28.1M10xas long as short
RISEx KORU/USDC−0.0513%1h22.713−0.267%$34K$301K5xas long as short
Extended KORU-USD−0.0280%1h22.714−0.260%$6K$208K5xas long as short
Bybit KORUUSDT−0.0280%8h22.720−0.235%$6.6M$21.7M50xas long as short
Binance KORUUSDT−0.0277%8h22.721−0.232%$54.7M$334.1M25xas long as short
MEXC KORU_USDTshort−0.0273%8h22.720−0.235%$15.3M$21.1M50x
KuCoin KORUUSDTM−0.0254%8h22.730−0.192%$439K$956K20xas long as short
GRVT KORU_USDT_Perp−0.0214%8h22.720−0.235%$1K$98K10xas long as short
tradeXYZ xyz:KORU−0.0173%1h22.720−0.235%$3.1M$8.8M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0106%8h22.740−0.147%$88K$291K50xas long as short
Gate KORU_USDT0.0000%8h22.740−0.148%$2.6M$3.6M25xas long as short
Bitget KORUUSDT0.0000%8h22.719−0.240%$53.0M$57.9M20xas long as short
SunX KORU-USDT0.0000%8h22.720−0.235%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.720−0.235%$8K$18K10xas long as short
Phemex KORUUSDT0.0000%8h22.710−0.279%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.699−0.328%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.770−0.016%$13K$50K5xas long as short