Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against SunX−0.307%7-day average +0.060% · you buy dearer than you sell

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

Long on SunX Short on Phemex

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)+0.265%+$27 · spread now −0.307%, 7d avg +0.060%

Together, before fees+0.265%+$27 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: Phemex is 0.367% cheaper against SunX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KORU-USDT	22.770	0	get 0.0000% / 8h	6h 16m	—	$4.1M	10x
Short	Phemex KORUUSDT	22.700	0	get 0.0000% / 8h	6h 16m	$1.6M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against SunX. 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 SunXbpFee PhemexbpOrdersPrice spread, now −0.307%Rate

Funding earned: $0
Price spread: −0.307% → +0.060%: −$36.71
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$56.71
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Phemex: live order book, 2 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 SunX live order book, 12 min ago	901.93 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	6.60 bp	72.6 bp −$73	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	−0.0937%	1h	22.724	−0.202%	$3.2M	$7.9M	10x	as long as short
Bybit KORUUSDT	−0.0733%	8h	22.720	−0.220%	$6.5M	$21.9M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0591%	8h	22.679	−0.399%	$2K	$95K	10x	as long as short
Gate KORU_USDT	−0.0185%	8h	22.722	−0.211%	$2.6M	$3.6M	25x	as long as short
OKX KORU-USDT-SWAP	−0.0048%	8h	22.700	−0.307%	$6.1M	$28.5M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.774	+0.020%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.724	−0.203%	$6K	$211K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.712	−0.253%	$55.4M	$328.1M	25x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.726	−0.193%	$36K	$303K	5x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.700	−0.307%	$14.7M	$19.9M	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	22.699	−0.312%	$52.9M	$60.2M	20x	as long as short
SunX KORU-USDTlong	0.0000%	8h	22.770	long leg	—	$4.1M	10x
HTX KORU-USDT	0.0000%	8h	22.700	−0.307%	$8K	$17K	10x	as long as short
Phemex KORUUSDTshort	0.0000%	8h	22.700	−0.307%	$1.6M	$2.4M	10x
Lighter KORU	+0.0032%	1h	22.760	−0.044%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.710	−0.264%	$16K	$42K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.720	−0.220%	$431K	$1.0M	20x	as long as short
edgeX KORUUSDC	+0.0549%	4h	22.668	−0.449%	$454K	$310K	10x	as long as short