Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.016%

Price spread now: OKX against Extended−0.019%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.231%+$23 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.019%, 7d avg −0.005%

Together, before fees+0.319%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.231%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended KORU-USD	22.944	−0.0200	get 0.0025% / 1h	3m 15s	$6K	$209K	5x
Short	OKX KORU-USDT-SWAP	22.940	−0.0433	pay 0.0433% / 8h	5h 03m	$6.1M	$28.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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 ExtendedbpFee OKXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$48.85
Price spread: −0.019% → −0.005%: −$1.38
Slippage, 4 orders: −$14.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$79.41
Costs to cover: 0.292%
Break-even: never at this rate

Slippage from Extended: live order book, 58 min ago; OKX: live order book, 5 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 Extended live order book, 58 min ago	2.85 bp	5.6 bp −$6	9.6 bp −$96	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.18 bp	9.8 bp −$10	15.3 bp −$153	72.8 bp −$7,279	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
RISEx KORU/USDC	−0.1847%	1h	22.932	−0.054%	$41K	$298K	5x	as long as short
Bybit KORUUSDT	−0.0664%	8h	22.960	+0.068%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0633%	8h	22.950	+0.025%	$2K	$96K	10x	as long as short
tradeXYZ xyz:KORU	−0.0580%	1h	22.946	+0.007%	$3.1M	$8.3M	10x	as long as short
OKX KORU-USDT-SWAPshort	−0.0433%	8h	22.940	−0.019%	$6.1M	$28.3M	10x
Extended KORU-USDlong	−0.0200%	1h	22.944	long leg	$6K	$209K	5x
Binance KORUUSDT	−0.0197%	8h	22.960	+0.068%	$55.7M	$327.5M	25x	as long as short
MEXC KORU_USD1	−0.0196%	8h	22.940	−0.019%	$12.1M	$84K	20x	as long as short
KuCoin KORUUSDTM	−0.0196%	8h	22.930	−0.062%	$436K	$1.0M	20x	as long as short
edgeX KORUUSDC	−0.0136%	4h	22.949	+0.022%	$460K	$311K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0072%	8h	22.939	−0.023%	$90K	$289K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.929	−0.067%	$2.6M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.990	+0.199%	—	$3.9M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.960	+0.068%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.960	+0.068%	$1.6M	$2.4M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0009%	1h	22.910	−0.150%	$13K	$51K	5x	as long as short
Lighter KORU	+0.0032%	1h	22.969	+0.108%	—	—	10x	as long as short
Bitget KORUUSDT	+0.0049%	8h	22.919	−0.110%	$53.3M	$58.6M	20x	as long as short