Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0149%/8h= +16.4% APRpaid last 24h +0.024%
Price spread now: Ondo Perps against edgeX+0.133%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Ondo Perps is 0.133% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.949−0.0136get 0.0068% / 4h1h 01m$460K$311K10x
ShortOndo Perps KORU-USD.P22.9800.0014get 0.0002% / 1h1m 58s$13K$51K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$31.37
Price spread: +0.133% → 0.000%
$13.31
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$30.68
Costs to cover
0.140%
Break-even
0.2 days
Slippage unknown: edgeX: live order book, 62 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 62 min ago8.76 bp14.6 bp −$1546.9 bp −$469doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
RISEx KORU/USDC−0.1847%1h22.953+0.013%$43K$299K5xas long as short
Bybit KORUUSDT−0.0656%8h22.970+0.090%$6.6M$21.7M50xas long as short
GRVT KORU_USDT_Perp−0.0633%8h22.950+0.003%$2K$96K10xas long as short
tradeXYZ xyz:KORU−0.0567%1h22.964+0.063%$3.1M$8.3M10xas long as short
OKX KORU-USDT-SWAP−0.0436%8h22.940−0.041%$6.2M$28.2M10xas long as short
Extended KORU-USD−0.0200%1h22.964+0.065%$6K$209K5xas long as short
Binance KORUUSDT−0.0197%8h22.970+0.090%$55.6M$327.5M25xas long as short
MEXC KORU_USD1−0.0197%8h22.950+0.002%$12.1M$84K20xas long as short
KuCoin KORUUSDTM−0.0196%8h22.940−0.041%$436K$1.0M20xas long as short
edgeX KORUUSDClong−0.0136%4h22.949long leg$460K$311K10x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0072%8h22.952+0.012%$90K$289K50xas long as short
Gate KORU_USDT0.0000%8h22.947−0.011%$2.6M$3.6M25xas long as short
SunX KORU-USDT0.0000%8h22.980+0.133%$3.9M10xas long as short
HTX KORU-USDT0.0000%8h22.950+0.002%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.950+0.002%$1.6M$2.4M10xas long as short
Ondo Perps KORU-USD.Pshort+0.0014%1h22.980+0.133%$13K$51K5x
Lighter KORU+0.0032%1h22.960+0.046%10xas long as short
Bitget KORUUSDT+0.0054%8h22.944−0.024%$53.4M$58.6M20xas long as short