Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Binance0.000%46s7-day average — · you sell dearer than you buy

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

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate. 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	Binance KORUUSDT	22.670	−0.0274	get 0.0274% / 8h	3h 29m	$54.5M	$339.7M	25x
Short	Ondo Perps KORU-USD.P	22.670	0.0050	get 0.0006% / 1h	29m 52s	$12K	$52K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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 BinancebpFee Ondo PerpsbpOrdersPrice spread, now 0.000%Rate

Funding earned: $68.22
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $53.22
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: Binance: live order book, 14 min ago; Ondo Perps: no order-book sample. 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 Binance live order book, 14 min ago	2.20 bp	7.2 bp −$7	9.5 bp −$95	22.1 bp −$2,213	77.8 bp −$38.9K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
OKX KORU-USDT-SWAP	−0.0565%	8h	22.660	−0.044%	$6.2M	$28.2M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.677	+0.033%	$33K	$303K	5x	as long as short
tradeXYZ xyz:KORU	−0.0281%	1h	22.680	+0.044%	$3.2M	$9.0M	10x	as long as short
Binance KORUUSDTlong	−0.0274%	8h	22.670	long leg	$54.5M	$339.7M	25x
Extended KORU-USD	−0.0272%	1h	22.673	+0.015%	$8K	$214K	5x	as long as short
MEXC KORU_USDT	−0.0268%	8h	22.680	+0.044%	$15.3M	$21.4M	50x	as long as short
Bybit KORUUSDT	−0.0260%	8h	22.680	+0.044%	$6.5M	$22.1M	50x	as long as short
KuCoin KORUUSDTM	−0.0258%	8h	22.670	0.000%	$427K	$952K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0169%	8h	22.625	−0.200%	$1K	$99K	10x	as long as short
edgeX KORUUSDC	−0.0126%	4h	22.616	−0.238%	$453K	$313K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0105%	8h	22.670	+0.001%	$87K	$292K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.683	+0.057%	$2.7M	$3.7M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.675	+0.022%	$53.0M	$58.3M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.690	+0.088%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.690	+0.088%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.680	+0.044%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.699	+0.128%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.670	0.000%	$12K	$52K	5x