Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%

Price spread now: Extended against OKX−0.024%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.024%, 7d avg +0.004%

Together, before fees−0.224%+ Points / potential airdropExtended: Active · farm board−$22 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: Extended is 0.028% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	22.650	0	get 0.0000% / 8h	6h 39m	$6.1M	$28.5M	10x
Short	Extended KORU-USD	22.645	0	get 0.0000% / 1h	39m 20s	$7K	$210K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.004%: −$2.78
Slippage, 4 orders: −$16.39
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$34.17
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Extended: live order book, 27 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, 4 min ago	2.20 bp	9.2 bp −$9	14.2 bp −$142	78.8 bp −$7,882	doesn't fit
Sell Extended live order book, 27 min ago	3.04 bp	5.8 bp −$6	9.8 bp −$98	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
edgeX KORUUSDC	−0.0842%	4h	22.767	+0.515%	$456K	$307K	10x	as long as short
tradeXYZ xyz:KORU	−0.0591%	1h	22.643	−0.031%	$3.4M	$7.8M	10x	as long as short
Bybit KORUUSDT	−0.0274%	8h	22.660	+0.044%	$6.4M	$22.0M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.702	+0.228%	$92K	$288K	50x	as long as short
Extended KORU-USDshort	0.0000%	1h	22.645	−0.024%	$7K	$210K	5x
Binance KORUUSDT	0.0000%	8h	22.640	−0.044%	$56.3M	$329.3M	25x	as long as short
OKX KORU-USDT-SWAPlong	0.0000%	8h	22.650	long leg	$6.1M	$28.5M	10x
RISEx KORU/USDC	0.0000%	1h	22.620	−0.133%	$35K	$303K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.643	−0.031%	$2.6M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.630	−0.088%	$14.7M	$19.8M	50x	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	22.670	+0.088%	—	$4.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.670	+0.088%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.670	+0.088%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.710	+0.265%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.690	+0.177%	$17K	$39K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0074%	8h	22.720	+0.309%	$1K	$95K	10x	as long as short
Bitget KORUUSDT	+0.0086%	8h	22.640	−0.044%	$52.9M	$62.3M	20x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.700	+0.221%	$426K	$1.0M	20x	as long as short