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

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0977%/8h= +107.0% APRpaid last 24h +0.113%
Price spread now: Bitget against tradeXYZ+0.066%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.261%+$26 on $10k
Price spread, last 7 days+0.038%+$4 · spread now +0.066%, 7d avg +0.127%
Together, before fees+0.298%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.127%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.261% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% 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
LongtradeXYZ xyz:KORU22.704−0.0977get 0.0122% / 1h13m 41s$3.2M$7.9M10x
ShortBitget KORUUSDT22.7190get 0.0000% / 8h6h 13m$53.0M$59.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
$205.12
Price spread: +0.066% → +0.127%
−$6.12
Slippage, 4 orders
−$16.07
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
$152.93
Costs to cover
0.461%
Break-even
1.8 days
Slippage from tradeXYZ: live order book, 5 min ago; Bitget: live order book, 5 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 tradeXYZ live order book, 5 min ago0.88 bp12.6 bp −$1319.3 bp −$193doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.32 bp11.0 bp −$1124.0 bp −$240doesn'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
tradeXYZ xyz:KORUlong−0.0977%1h22.704long leg$3.2M$7.9M10x
Bybit KORUUSDT−0.0818%8h22.720+0.070%$6.5M$21.9M50xas long as short
GRVT KORU_USDT_Perp−0.0591%8h22.679−0.109%$2K$95K10xas long as short
Gate KORU_USDT−0.0212%8h22.722+0.079%$2.6M$3.6M25xas long as short
OKX KORU-USDT-SWAP−0.0079%8h22.710+0.026%$6.1M$28.5M10xas long as short
Aster KORUUSDT0.0000%8h22.772+0.300%$92K$290K50xas long as short
Extended KORU-USD0.0000%1h22.722+0.079%$6K$211K5xas long as short
Binance KORUUSDT0.0000%8h22.727+0.103%$55.5M$328.3M25xas long as short
RISEx KORU/USDC0.0000%1h22.725+0.092%$36K$303K5xas long as short
MEXC KORU_USDT0.0000%8h22.730+0.115%$14.7M$19.9M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDTshort0.0000%8h22.719+0.066%$53.0M$59.9M20x
SunX KORU-USDT0.0000%8h22.800+0.423%$4.1M10xas long as short
HTX KORU-USDT0.0000%8h22.760+0.247%$8K$17K10xas long as short
Phemex KORUUSDT0.0000%8h22.740+0.159%$1.6M$2.4M10xas long as short
Lighter KORU+0.0032%1h22.769+0.286%10xas long as short
Ondo Perps KORU-USD.P+0.0050%1h22.790+0.379%$16K$43K5xas long as short
KuCoin KORUUSDTM+0.0100%8h22.720+0.070%$431K$1.0M20xas long as short
edgeX KORUUSDC+0.0549%4h22.668−0.160%$454K$310K10xas long as short