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−0.0063%/8h= −6.9% APRnext payment $0.63 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.140%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.185%+$19 on $10k
Price spread, last 7 days+0.175%+$18 · spread now −0.140%, 7d avg +0.013%
Together, before fees+0.361%+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.153% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.185%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KORU_USDT22.8520get 0.0000% / 8h6h 45m$2.6M$3.4M25x
ShortBybit KORUUSDT22.820−0.0063pay 0.0063% / 8h6h 45m$6.5M$21.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
−$13.26
Price spread: −0.140% → +0.013%
−$15.34
Slippage, 4 orders
−$24.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$79.51
Costs to cover
0.509%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 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 Gate live order book, 3 min ago4.37 bp12.3 bp −$1227.2 bp −$27235.0 bp −$3,50152.3 bp −$26.2K
Sell Bybit live order book, 3 min ago2.18 bp11.2 bp −$1118.6 bp −$186103.7 bp −$10.4Kdoesn'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
tradeXYZ xyz:KORU−0.0357%1h22.847−0.022%$2.9M$7.5M10xas long as short
Bybit KORUUSDTshort−0.0063%8h22.820−0.140%$6.5M$21.8M50x
Aster KORUUSDT0.0000%8h22.871+0.083%$93K$282K50xas long as short
Extended KORU-USD0.0000%1h22.816−0.157%$7K$210K5xas long as short
Binance KORUUSDT0.0000%8h22.820−0.140%$57.2M$325.7M25xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.800−0.228%$6.1M$28.7M10xas long as short
RISEx KORU/USDC0.0000%1h22.870+0.078%$35K$303K5xas long as short
Gate KORU_USDTlong0.0000%8h22.852long leg$2.6M$3.4M25x
MEXC KORU_USDT0.0000%8h22.850−0.009%$14.6M$19.6M50xas long as short
SunX KORU-USDT0.0000%8h22.800−0.228%$4.2M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX KORU-USDT0.0000%8h22.890+0.166%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.790−0.271%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.829−0.101%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.860+0.035%$19K$27K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.870+0.079%$449K$1.0M20xas long as short
GRVT KORU_USDT_Perp+0.0100%8h22.979+0.554%$1K$94K10xas long as short
Bitget KORUUSDT+0.0298%8h22.826−0.114%$53.6M$62.1M20xas long as short
edgeX KORUUSDC+0.0715%4h22.900+0.210%$459K$309K10xas long as short