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 −0.004%

Price spread now: OKX against RISEx−0.115%46s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.300% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.176%+$18 on $10k

Price spread, last 7 days+0.085%+$8 · spread now −0.115%, 7d avg −0.024%

Together, before fees+0.260%+$26 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: OKX is 0.091% cheaper against RISEx than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	22.666	0	get 0.0000% / 1h	36m 49s	$35K	$303K	5x
Short	OKX KORU-USDT-SWAP	22.640	0	get 0.0000% / 8h	6h 36m	$6.1M	$28.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee RISExbpFee OKXbpOrdersPrice spread, now −0.115%Rate

Funding earned: $0
Price spread: −0.115% → −0.024%: −$9.06
Slippage, 4 orders: −$13.98
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.04
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from RISEx: live order book, 31 min ago; OKX: live order book, 2 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 RISEx live order book, 31 min ago	1.95 bp	5.0 bp −$5	13.3 bp −$133	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.21 bp	10.1 bp −$10	15.2 bp −$152	86.2 bp −$8,622	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	−0.0698%	1h	22.664	−0.009%	$3.4M	$7.8M	10x	as long as short
Bybit KORUUSDT	−0.0355%	8h	22.660	−0.027%	$6.4M	$22.0M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0038%	8h	22.660	−0.027%	$1K	$95K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.736	+0.307%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.642	−0.106%	$7K	$207K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.653	−0.059%	$55.7M	$329.7M	25x	as long as short
OKX KORU-USDT-SWAPshort	0.0000%	8h	22.640	−0.115%	$6.1M	$28.5M	10x
RISEx KORU/USDClong	0.0000%	1h	22.666	long leg	$35K	$303K	5x
Gate KORU_USDT	0.0000%	8h	22.650	−0.071%	$2.6M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.650	−0.071%	$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
Bitget KORUUSDT	0.0000%	8h	22.636	−0.132%	$52.9M	$62.2M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.670	+0.018%	—	$4.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.650	−0.071%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.640	−0.115%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.710	+0.194%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.680	+0.062%	$17K	$39K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.730	+0.282%	$426K	$1.0M	20x	as long as short
edgeX KORUUSDC	+0.0861%	4h	22.636	−0.132%	$453K	$308K	10x	as long as short