Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.086%

Price spread now: tradeXYZ against MEXC−0.045%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$540.543% of the position

Long on MEXC Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.279%−$28 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.045% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KORU_USD1	22.040	−0.0075	get 0.0075% / 8h	1h 24m	$11.6M	$83K	20x
Short	tradeXYZ xyz:KORU	22.030	−0.0182	pay 0.0023% / 1h	24m 00s	$3.3M	$10.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against MEXC. 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 MEXCbpFee tradeXYZbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$22.43
Price spread: −0.045% → 0.000%: −$4.54
Slippage, 4 orders: −$36.3
Fee MEXC: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$81.27
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; tradeXYZ: live order book, 5 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 MEXC live order book, 4 min ago	15.88 bp	15.9 bp −$16	18.4 bp −$184	29.0 bp −$2,896	70.1 bp −$35.0K
Sell tradeXYZ live order book, 5 min ago	0.45 bp	11.8 bp −$12	19.5 bp −$195	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
Bitget KORUUSDT	−0.1748%	8h	22.062	+0.100%	$54.1M	$62.1M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0300%	8h	22.050	+0.045%	$6.0M	$30.2M	10x	as long as short
tradeXYZ xyz:KORUshort	−0.0182%	1h	22.030	−0.045%	$3.3M	$10.0M	10x
KuCoin KORUUSDTM	−0.0165%	8h	22.030	−0.045%	$406K	$904K	20x	as long as short
MEXC KORU_USD1long	−0.0075%	8h	22.040	long leg	$11.6M	$83K	20x
Binance KORUUSDT	−0.0073%	8h	22.049	+0.042%	$49.3M	$376.8M	25x	as long as short
Extended KORU-USD	−0.0072%	1h	22.041	+0.005%	$7K	$177K	5x	as long as short
Bybit KORUUSDT	−0.0019%	8h	22.040	0.000%	$6.3M	$24.6M	50x	as long as short
Aster KORUUSDT	−0.0009%	8h	22.027	−0.060%	$65K	$323K	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.002	−0.174%	$30K	$307K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	22.041	+0.005%	$2.2M	$4.0M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.020	−0.091%	—	$3.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.990	−0.227%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.040	0.000%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.030	−0.045%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.010	−0.136%	$11K	$70K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.990	−0.227%	$2K	$103K	10x	as long as short
edgeX KORUUSDC	+0.0645%	4h	21.998	−0.193%	$441K	$313K	10x	as long as short