Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h −0.105%

Price spread now: tradeXYZ against KuCoin+0.026%7-day average −0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$1051.049% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 7 days−0.132%−$13 · spread now +0.026%, 7d avg −0.111%

Together, before fees−0.455%+ Points / potential airdroptradeXYZ: Active · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.137% dearer against KuCoin than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.111%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.990	−0.0205	get 0.0205% / 8h	4h 59m	$437K	$998K	20x
Short	tradeXYZ xyz:KORU	22.996	−0.0391	pay 0.0049% / 1h	59m 13s	$3.1M	$8.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$39.05
Price spread: +0.026% → −0.111%: $13.69
Slippage, 4 orders: −$74.93
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$130.29
Costs to cover: 1.049%
Break-even: never at this rate

Slippage from KuCoin: live order book, just now; tradeXYZ: live order book, 9 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, just now	2.17 bp	34.8 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	1.31 bp	17.4 bp −$17	21.9 bp −$219	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
RISEx KORU/USDC	−0.0951%	1h	22.995	+0.021%	$43K	$299K	5x	as long as short
Bybit KORUUSDT	−0.0648%	8h	23.000	+0.043%	$6.6M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0591%	8h	22.972	−0.080%	$2K	$96K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0444%	8h	22.980	−0.043%	$6.2M	$28.3M	10x	as long as short
tradeXYZ xyz:KORUshort	−0.0391%	1h	22.996	+0.026%	$3.1M	$8.3M	10x
KuCoin KORUUSDTMlong	−0.0205%	8h	22.990	long leg	$437K	$998K	20x
Binance KORUUSDT	−0.0200%	8h	23.000	+0.043%	$55.7M	$327.3M	25x	as long as short
Extended KORU-USD	−0.0200%	1h	22.994	+0.018%	$6K	$209K	5x	as long as short
MEXC KORU_USD1	−0.0198%	8h	22.980	−0.043%	$12.1M	$81K	20x	as long as short
Ondo Perps KORU-USD.P	−0.0130%	1h	22.980	−0.043%	$13K	$51K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0071%	8h	23.008	+0.077%	$91K	$289K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.993	+0.013%	$2.6M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	23.010	+0.087%	—	$3.9M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.000	+0.043%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.990	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	23.024	+0.148%	—	—	10x	as long as short
Bitget KORUUSDT	+0.0077%	8h	22.973	−0.074%	$53.4M	$58.6M	20x	as long as short
edgeX KORUUSDC	+0.0899%	4h	22.965	−0.111%	$460K	$312K	10x	as long as short