Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX+0.044%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.044%, 7d avg +0.014%

Together, before fees−0.232%−$23 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: Bybit is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	22.810	0	get 0.0000% / 8h	7h 50m	$6.0M	$29.8M	10x
Short	Bybit KORUUSDT	22.820	0	get 0.0000% / 8h	7h 50m	$6.5M	$22.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.014%: $3.03
Slippage, 4 orders: −$16.68
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$34.65
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 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 OKX live order book, 3 min ago	2.19 bp	8.6 bp −$9	15.8 bp −$158	78.6 bp −$7,865	doesn't fit
Sell Bybit live order book, 3 min ago	2.19 bp	7.7 bp −$8	15.9 bp −$159	117.2 bp −$11.7K	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	−0.0925%	1h	22.817	+0.031%	$3.2M	$6.6M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.775	−0.153%	$83K	$261K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.775	−0.152%	$21K	$181K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.809	−0.006%	$57.7M	$328.9M	25x	as long as short
Bybit KORUUSDTshort	0.0000%	8h	22.820	+0.044%	$6.5M	$22.2M	50x
OKX KORU-USDT-SWAPlong	0.0000%	8h	22.810	long leg	$6.0M	$29.8M	10x
RISEx KORU/USDC	0.0000%	1h	22.791	−0.083%	$32K	$306K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.771	−0.171%	$2.7M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.770	−0.175%	$13.8M	$20.9M	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.778	−0.140%	$53.1M	$66.1M	20x	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	22.790	−0.088%	—	$4.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.810	0.000%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.800	−0.044%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.769	−0.180%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.770	−0.175%	$19K	$13K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.780	−0.132%	$483K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.800	−0.045%	$1K	$97K	10x	as long as short
edgeX KORUUSDC	+0.0895%	4h	22.803	−0.029%	$456K	$307K	10x	as long as short