Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%

Price spread now: RISEx against Gate−0.048%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.048%, 7d avg +0.023%

Together, before fees+0.150%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.071% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	22.971	0	get 0.0000% / 8h	6h 57m	$2.6M	$3.4M	25x
Short	RISEx KORU/USDC	22.960	0	get 0.0000% / 1h	57m 41s	$34K	$303K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee GatebpFee RISExbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0
Price spread: −0.048% → +0.023%: −$7.05
Slippage, 4 orders: −$22.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$50.39
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; RISEx: live order book, 11 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 Gate live order book, 5 min ago	4.99 bp	15.1 bp −$15	31.7 bp −$317	38.6 bp −$3,865	57.0 bp −$28.5K
Sell RISEx live order book, 11 min ago	1.95 bp	5.0 bp −$5	12.8 bp −$128	doesn't fit	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
edgeX KORUUSDC	−0.0695%	4h	23.026	+0.241%	$461K	$309K	10x	as long as short
tradeXYZ xyz:KORU	−0.0553%	1h	22.956	−0.065%	$3.0M	$7.3M	10x	as long as short
Bybit KORUUSDT	−0.0055%	8h	22.960	−0.048%	$6.5M	$21.9M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	23.000	+0.126%	$95K	$277K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.954	−0.073%	$6K	$205K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.964	−0.032%	$57.7M	$326.4M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.960	−0.048%	$6.2M	$29.1M	10x	as long as short
RISEx KORU/USDCshort	0.0000%	1h	22.960	−0.048%	$34K	$303K	5x
Gate KORU_USDTlong	0.0000%	8h	22.971	long leg	$2.6M	$3.4M	25x
MEXC KORU_USDT	0.0000%	8h	22.970	−0.004%	$14.9M	$19.6M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.990	+0.083%	—	$4.3M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.020	+0.213%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.970	−0.004%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.989	+0.078%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	23.000	+0.126%	$19K	$25K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.990	+0.083%	$461K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	23.030	+0.257%	$2K	$95K	10x	as long as short
Bitget KORUUSDT	+0.0378%	8h	22.952	−0.083%	$53.9M	$64.4M	20x	as long as short