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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.055%
Price spread now: tradeXYZ against edgeX+0.448%7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 4 days (all we have)−0.596%−$60 · spread now +0.448%, 7d avg −0.114%
Together, before fees−0.787%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.562% dearer against edgeX than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.114%. Mind the row above: over the last 7 days funding on this pair cost −0.191%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX KORUUSDC22.207−0.0064get 0.0032% / 4h2h 07m$445K$313K10x
ShorttradeXYZ xyz:KORU22.307−0.0040pay 0.0005% / 1h7m 16s$3.2M$9.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$5.07
Price spread: +0.448% → −0.114%
$56.19
Slippage, 4 orders
−$25.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$8.84
Costs to cover
0.524%
Break-even
from the start
Slippage from edgeX: live order book, 41 min ago; tradeXYZ: live order book, 11 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, 41 min ago8.90 bp15.6 bp −$1658.4 bp −$584doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.23 bp13.8 bp −$1421.6 bp −$216doesn't fitdoesn't fit

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
Bitget KORUUSDT−0.1627%8h22.287+0.358%$54.4M$61.8M20xas long as short
RISEx KORU/USDC−0.0493%1h22.324+0.523%$28K$308K5xas long as short
OKX KORU-USDT-SWAP−0.0382%8h22.270+0.281%$6.2M$30.2M10xas long as short
KuCoin KORUUSDTM−0.0230%8h22.320+0.507%$411K$915K20xas long as short
MEXC KORU_USDT−0.0131%8h22.280+0.327%$12.1M$22.8M50xas long as short
Binance KORUUSDT−0.0129%8h22.285+0.350%$51.4M$368.9M25xas long as short
Extended KORU-USD−0.0128%1h22.284+0.343%$6K$177K5xas long as short
edgeX KORUUSDClong−0.0064%4h22.207long leg$445K$313K10x
Bybit KORUUSDT−0.0061%8h22.290+0.372%$6.4M$24.3M50xas long as short
Aster KORUUSDT−0.0046%8h22.273+0.296%$67K$336K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:KORUshort−0.0040%1h22.307+0.448%$3.2M$9.8M10x
Gate KORU_USDT−0.0005%8h22.297+0.403%$2.3M$4.0M25xas long as short
SunX KORU-USDT0.0000%8h22.260+0.236%$3.6M10xas long as short
HTX KORU-USDT0.0000%8h22.320+0.507%$8K$19K10xas long as short
Phemex KORUUSDT0.0000%8h22.280+0.327%$1.6M$2.3M10xas long as short
Lighter KORU+0.0032%1h22.289+0.367%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.260+0.236%$11K$65K5xas long as short
GRVT KORU_USDT_Perp+0.0077%8h22.220+0.056%$1K$104K10xas long as short