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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0634%/8h= −69.4% APRpaid last 24h −0.046%
Price spread now: RISEx against edgeX−0.525%55s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.455%+$45 · spread now −0.525%, 7d avg +0.014%
Together, before fees+0.430%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and RISEx is 0.539% cheaper against edgeX than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.025% in total (about -2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.4100.0634pay 0.0317% / 4h1h 43m$449K$318K10x
ShortRISEx KORU/USDC22.2920get 0.0000% / 1h43m 55s$31K$317K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$133.06
Price spread: −0.525% → +0.014%
−$53.87
Slippage, 4 orders
−$21.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$223.84
Costs to cover
0.369%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; RISEx: live order book, 2 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, 3 min ago8.96 bp14.4 bp −$1449.1 bp −$491doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago1.12 bp4.1 bp −$411.4 bp −$114doesn't fitdoesn't fit

KORU on 18 exchanges

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−0.1715%8h22.312−0.436%$52.9M$78.5M20xas long as short
tradeXYZ xyz:KORU−0.0135%1h22.317−0.413%$3.4M$10.6M10xas long as short
Aster KORUUSDT0.0000%8h22.300−0.489%$57K$327K50xas long as short
Extended KORU-USD0.0000%1h22.303−0.478%$7K$170K5xas long as short
Binance KORUUSDT0.0000%8h22.310−0.443%$47.7M$414.4M25xas long as short
Bybit KORUUSDT0.0000%8h22.320−0.400%$6.0M$27.0M50xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.300−0.489%$6.2M$36.2M10xas long as short
RISEx KORU/USDCshort0.0000%1h22.292−0.525%$31K$317K5x
Gate KORU_USDT0.0000%8h22.317−0.413%$2.3M$4.4M25xas long as short
MEXC KORU_USD10.0000%8h22.320−0.400%$10.7M$261K20xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.330−0.355%$2.6M10xas long as short
HTX KORU-USDT0.0000%8h22.330−0.355%$8K$21K20xas long as short
Phemex KORUUSDT0.0000%8h22.330−0.355%$1.6M$2.1M10xas long as short
Lighter KORU+0.0032%1h22.324−0.382%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.270−0.623%$13K$73K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.320−0.400%$401K$848K20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h22.415+0.025%$2K$96K10xas long as short
edgeX KORUUSDClong+0.0634%4h22.410long leg$449K$318K10x