Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0188%/8h= −20.5% APRpaid last 24h −0.037%

Price spread now: Ondo Perps against Bitget+0.191%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, funding is against you. Ondo Perps is 0.191% dearer against Bitget than usual: you sell high and buy low (spread +0.191% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KORUUSDT	23.026	0.0238	pay 0.0238% / 8h	4h 26m	$53.6M	$57.5M	20x
Short	Ondo Perps KORU-USD.P	23.070	0.0050	get 0.0006% / 1h	26m 15s	$13K	$51K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. 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 BitgetbpFee Ondo PerpsbpOrdersPrice spread, now +0.191%Rate

Funding earned: −$39.4
Price spread: +0.191% → 0.000%: $19.11
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$37.29
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago	0.65 bp	10.2 bp −$10	24.5 bp −$245	doesn't fit	doesn't fit
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
RISEx KORU/USDC	−0.0951%	1h	23.040	+0.059%	$40K	$301K	5x	as long as short
OKX KORU-USDT-SWAP	−0.0530%	8h	23.040	+0.061%	$6.3M	$28.4M	10x	as long as short
Bybit KORUUSDT	−0.0459%	8h	23.050	+0.104%	$6.8M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0428%	8h	23.040	+0.059%	$1K	$97K	10x	as long as short
tradeXYZ xyz:KORU	−0.0360%	1h	23.048	+0.096%	$3.1M	$8.3M	10x	as long as short
Extended KORU-USD	−0.0272%	1h	23.034	+0.037%	$6K	$208K	5x	as long as short
Binance KORUUSDT	−0.0269%	8h	23.050	+0.104%	$56.3M	$328.7M	25x	as long as short
MEXC KORU_USD1	−0.0268%	8h	23.040	+0.061%	$12.1M	$83K	20x	as long as short
KuCoin KORUUSDTM	−0.0226%	8h	23.030	+0.017%	$443K	$978K	20x	as long as short
Aster KORUUSDT	−0.0103%	8h	23.030	+0.019%	$91K	$288K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX KORUUSDC	−0.0062%	4h	23.038	+0.054%	$461K	$313K	10x	as long as short
Gate KORU_USDT	0.0000%	8h	23.042	+0.069%	$2.7M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	23.050	+0.104%	—	$3.8M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.060	+0.148%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	23.030	+0.017%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	23.050	+0.104%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	23.070	+0.191%	$13K	$51K	5x
Bitget KORUUSDTlong	+0.0238%	8h	23.026	long leg	$53.6M	$57.5M	20x