Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: SunX against Phemex−0.088%7-day average −0.059% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.088%, 7d avg −0.059%

Together, before fees+0.100%+$10 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: SunX is 0.029% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex KORUUSDT	22.750	0	get 0.0000% / 8h	35m 51s	$1.6M	$2.4M	10x
Short	SunX KORU-USDT	22.730	0	get 0.0000% / 8h	35m 51s	—	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PhemexbpFee SunXbpOrdersPrice spread, now −0.088%Rate

Funding earned: $0
Price spread: −0.088% → −0.059%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.9
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; SunX: live order book, 13 min ago. Net counts fees only.

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 Phemex live order book, 3 min ago	2.20 bp	57.2 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 13 min ago	903.89 bp	doesn't fit	doesn't fit	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
tradeXYZ xyz:KORU	−0.0103%	1h	22.732	−0.079%	$3.2M	$7.5M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.750	0.000%	$83K	$264K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.746	−0.017%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.750	0.000%	$57.1M	$340.6M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.750	0.000%	$6.1M	$22.7M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.740	−0.044%	$6.0M	$31.0M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.737	−0.059%	$29K	$313K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.743	−0.031%	$2.5M	$3.2M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.730	−0.088%	$14.2M	$20.3M	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.731	−0.084%	$52.6M	$74.0M	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-USDTshort	0.0000%	8h	22.730	−0.088%	—	$5.0M	10x
HTX KORU-USDT	0.0000%	8h	22.760	+0.044%	$8K	$17K	10x	as long as short
Phemex KORUUSDTlong	0.0000%	8h	22.750	long leg	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	22.749	−0.004%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.690	−0.264%	$19K	$12K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.740	−0.044%	$483K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.720	−0.132%	$2K	$101K	10x	as long as short
edgeX KORUUSDC	+0.0373%	4h	22.712	−0.165%	$455K	$305K	10x	as long as short