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−0.0061%/8h= −6.7% APRnext payment $0.61 per $10,000 · paid last 24h +0.022%
Price spread now: Bitget against KuCoin−0.347%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1061.059% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.347%, 7d avg +0.021%
Together, before fees+0.316%+$32 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 Bitget is 0.369% cheaper against KuCoin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KORUUSDTM22.7400.0100pay 0.0100% / 8h6h 38m$427K$1.0M20x
ShortBitget KORUUSDT22.6610.0039get 0.0039% / 8h6h 38m$52.9M$62.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$12.81
Price spread: −0.347% → +0.021%
−$36.86
Slippage, 4 orders
−$81.92
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$155.58
Costs to cover
1.059%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 5 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 KuCoin live order book, 1 min ago2.21 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.44 bp12.2 bp −$1225.1 bp −$25136.0 bp −$3,596doesn'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
edgeX KORUUSDC−0.0842%4h22.767+0.117%$456K$307K10xas long as short
tradeXYZ xyz:KORU−0.0617%1h22.672−0.299%$3.4M$7.8M10xas long as short
Bybit KORUUSDT−0.0311%8h22.680−0.264%$6.4M$22.0M50xas long as short
Aster KORUUSDT0.0000%8h22.735−0.024%$92K$288K50xas long as short
Extended KORU-USD0.0000%1h22.665−0.331%$7K$210K5xas long as short
Binance KORUUSDT0.0000%8h22.673−0.296%$55.7M$329.5M25xas long as short
OKX KORU-USDT-SWAP0.0000%8h22.670−0.308%$6.1M$28.6M10xas long as short
RISEx KORU/USDC0.0000%1h22.681−0.259%$35K$303K5xas long as short
Gate KORU_USDT0.0000%8h22.676−0.281%$2.6M$3.5M25xas long as short
MEXC KORU_USDT0.0000%8h22.690−0.220%$14.7M$19.8M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX KORU-USDT0.0000%8h22.670−0.308%$4.2M10xas long as short
HTX KORU-USDT0.0000%8h22.610−0.572%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.650−0.396%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.739−0.004%10xas long as short
Bitget KORUUSDTshort+0.0039%8h22.661−0.347%$52.9M$62.2M20x
Ondo Perps KORU-USD.P+0.0050%1h22.680−0.264%$17K$39K5xas long as short
GRVT KORU_USDT_Perp+0.0074%8h22.720−0.088%$1K$95K10xas long as short
KuCoin KORUUSDTMlong+0.0100%8h22.740long leg$427K$1.0M20x