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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1190%/8h= +130.4% APRpaid last 24h −0.001%
Price spread now: Bybit against RISEx+0.076%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.082%+$8 on $10k
Price spread, last 7 days−0.097%−$10 · spread now +0.076%, 7d avg −0.010%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Bybit is 0.086% dearer against RISEx than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.010%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.082% in total (about 8.4% 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
LongRISEx KORU/USDC22.953−0.1847get 0.0231% / 1h2m 01s$43K$299K5x
ShortBybit KORUUSDT22.970−0.0656pay 0.0656% / 8h5h 02m$6.6M$21.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against RISEx. 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
$250
Price spread: +0.076% → −0.010%
$8.65
Slippage, 4 orders
−$14.15
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$227.49
Costs to cover
0.312%
Break-even
0.6 days
Slippage from RISEx: live order book, 61 min ago; Bybit: live order book, 2 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 RISEx live order book, 61 min ago1.97 bp5.0 bp −$510.7 bp −$107doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.18 bp10.1 bp −$1019.7 bp −$197136.1 bp −$13.6Kdoesn'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
RISEx KORU/USDClong−0.1847%1h22.953long leg$43K$299K5x
Bybit KORUUSDTshort−0.0656%8h22.970+0.076%$6.6M$21.7M50x
GRVT KORU_USDT_Perp−0.0633%8h22.950−0.010%$2K$96K10xas long as short
tradeXYZ xyz:KORU−0.0567%1h22.964+0.050%$3.1M$8.3M10xas long as short
OKX KORU-USDT-SWAP−0.0436%8h22.940−0.054%$6.2M$28.2M10xas long as short
Extended KORU-USD−0.0200%1h22.964+0.051%$6K$209K5xas long as short
Binance KORUUSDT−0.0197%8h22.970+0.076%$55.6M$327.5M25xas long as short
MEXC KORU_USD1−0.0197%8h22.950−0.011%$12.1M$84K20xas long as short
KuCoin KORUUSDTM−0.0196%8h22.940−0.054%$436K$1.0M20xas long as short
edgeX KORUUSDC−0.0136%4h22.949−0.013%$460K$311K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KORUUSDT−0.0072%8h22.952−0.001%$90K$289K50xas long as short
Gate KORU_USDT0.0000%8h22.947−0.024%$2.6M$3.6M25xas long as short
SunX KORU-USDT0.0000%8h22.980+0.120%$3.9M10xas long as short
HTX KORU-USDT0.0000%8h22.950−0.011%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.950−0.011%$1.6M$2.4M10xas long as short
Ondo Perps KORU-USD.P+0.0014%1h22.980+0.120%$13K$51K5xas long as short
Lighter KORU+0.0032%1h22.960+0.033%10xas long as short
Bitget KORUUSDT+0.0054%8h22.944−0.037%$53.4M$58.6M20xas long as short