Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0320%/8h= −35.0% APRpaid last 24h −0.003%
Price spread now: Extended against Phemex−0.030%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.204%+$20 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.030%, 7d avg −0.040%
Together, before fees+0.350%+ Points / potential airdropExtended: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex KORUUSDT22.4900get 0.0000% / 8h3h 17m$1.6M$2.3M10x
ShortExtended KORU-USD22.483−0.0320pay 0.0040% / 1h17m 53s$8K$199K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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

Funding earned
−$67.2
Price spread: −0.030% → −0.040%
$0.98
Slippage, 4 orders
−$123.26
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$206.48
Costs to cover
1.403%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; Extended: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 6 min ago4.43 bp54.5 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 34 min ago3.07 bp5.9 bp −$69.7 bp −$97doesn't fitdoesn't fit

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX KORU-USDT-SWAP−0.0579%8h22.480−0.044%$6.1M$28.1M10xas long as short
RISEx KORU/USDC−0.0513%1h22.477−0.058%$30K$303K5xas long as short
tradeXYZ xyz:KORU−0.0379%1h22.467−0.102%$3.1M$9.1M10xas long as short
Binance KORUUSDT−0.0322%8h22.521+0.136%$53.4M$345.7M25xas long as short
Extended KORU-USDshort−0.0320%1h22.483−0.030%$8K$199K5x
MEXC KORU_USDT−0.0318%8h22.4900.000%$15.2M$21.4M50xas long as short
KuCoin KORUUSDTM−0.0308%8h22.4900.000%$420K$949K20xas long as short
Bybit KORUUSDT−0.0265%8h22.530+0.178%$6.4M$22.5M50xas long as short
GRVT KORU_USDT_Perp−0.0208%8h22.620+0.578%$2K$99K10xas long as short
Aster KORUUSDT−0.0138%8h22.520+0.133%$87K$292K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KORU_USDT0.0000%8h22.482−0.036%$2.7M$3.7M25xas long as short
Bitget KORUUSDT0.0000%8h22.483−0.031%$52.6M$58.5M20xas long as short
SunX KORU-USDT0.0000%8h22.4900.000%$3.7M10xas long as short
HTX KORU-USDT0.0000%8h22.500+0.044%$8K$18K10xas long as short
Phemex KORUUSDTlong0.0000%8h22.490long leg$1.6M$2.3M10x
Lighter KORU+0.0032%1h22.482−0.036%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.520+0.133%$11K$54K5xas long as short
edgeX KORUUSDC+0.0519%4h22.609+0.530%$453K$313K10xas long as short