Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.026%

Price spread now: RISEx against KuCoin+0.072%7-day average +0.020% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$820.821% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.072%, 7d avg +0.020%

Together, before fees−0.125%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.052% dearer against KuCoin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.020%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.720	0.0100	pay 0.0100% / 8h	6h 14m	$430K	$1.0M	20x
Short	RISEx KORU/USDC	22.736	0	get 0.0000% / 1h	14m 47s	$36K	$303K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee KuCoinbpFee RISExbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$21
Price spread: +0.072% → +0.020%: $5.22
Slippage, 4 orders: −$64.06
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$97.84
Costs to cover: 0.821%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; RISEx: live order book, 53 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 KuCoin live order book, 5 min ago	4.42 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 53 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
tradeXYZ xyz:KORU	−0.0972%	1h	22.698	−0.097%	$3.2M	$7.9M	10x	as long as short
Bybit KORUUSDT	−0.0770%	8h	22.740	+0.088%	$6.5M	$21.9M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0591%	8h	22.679	−0.179%	$2K	$95K	10x	as long as short
Gate KORU_USDT	−0.0188%	8h	22.729	+0.040%	$2.6M	$3.6M	25x	as long as short
OKX KORU-USDT-SWAP	−0.0064%	8h	22.710	−0.044%	$6.1M	$28.5M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.786	+0.291%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.734	+0.064%	$6K	$211K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.720	0.000%	$55.5M	$328.3M	25x	as long as short
RISEx KORU/USDCshort	0.0000%	1h	22.736	+0.072%	$36K	$303K	5x
MEXC KORU_USDT	0.0000%	8h	22.720	0.000%	$14.7M	$19.9M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.709	−0.048%	$52.9M	$60.1M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.770	+0.220%	—	$4.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.720	0.000%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.720	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.789	+0.304%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.750	+0.132%	$16K	$43K	5x	as long as short
KuCoin KORUUSDTMlong	+0.0100%	8h	22.720	long leg	$430K	$1.0M	20x
edgeX KORUUSDC	+0.0549%	4h	22.668	−0.230%	$454K	$310K	10x	as long as short