Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0321%/8h= −35.2% APRpaid last 24h −0.075%

Price spread now: tradeXYZ against OKX−0.074%7-day average −0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on OKX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.440%−$44 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.074%, 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 0.036% dearer against OKX than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.111%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KORU-USDT-SWAP	22.920	−0.0410	get 0.0410% / 8h	5h 21m	$6.2M	$28.5M	10x
Short	tradeXYZ xyz:KORU	22.903	−0.0731	pay 0.0091% / 1h	21m 49s	$3.2M	$8.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$67.45
Price spread: −0.074% → −0.111%: $3.64
Slippage, 4 orders: −$12.57
Fee OKX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$104.38
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; tradeXYZ: live order book, 6 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, 2 min ago	2.19 bp	10.8 bp −$11	15.8 bp −$158	77.7 bp −$7,775	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.22 bp	11.5 bp −$12	18.8 bp −$188	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	−0.1847%	1h	22.899	−0.089%	$38K	$301K	5x	as long as short
Bybit KORUUSDT	−0.0828%	8h	22.930	+0.044%	$6.5M	$21.8M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0801%	8h	22.840	−0.348%	$1K	$96K	10x	as long as short
tradeXYZ xyz:KORUshort	−0.0731%	1h	22.903	−0.074%	$3.2M	$8.3M	10x
OKX KORU-USDT-SWAPlong	−0.0410%	8h	22.920	long leg	$6.2M	$28.5M	10x
KuCoin KORUUSDTM	−0.0179%	8h	22.900	−0.087%	$435K	$1.0M	20x	as long as short
Extended KORU-USD	−0.0168%	1h	22.924	+0.018%	$6K	$213K	5x	as long as short
Binance KORUUSDT	−0.0164%	8h	22.930	+0.044%	$55.7M	$327.2M	25x	as long as short
MEXC KORU_USDT	−0.0161%	8h	22.910	−0.044%	$16.1M	$19.9M	50x	as long as short
Aster KORUUSDT	−0.0060%	8h	22.891	−0.126%	$90K	$289K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps KORU-USD.P	−0.0045%	1h	22.870	−0.218%	$13K	$50K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.914	−0.026%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.906	−0.061%	$53.3M	$58.5M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.950	+0.131%	—	$3.9M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.920	0.000%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.910	−0.044%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.929	+0.039%	—	—	10x	as long as short
edgeX KORUUSDC	+0.0624%	4h	22.823	−0.422%	$457K	$310K	10x	as long as short