Funding arb · Price arb / RWA

KORU

RWAAll KORU markets →

LONGDeribit▾Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%BingX +0.0027%Lighter +0.0032%Bybit +0.0046%Orderly +0.0098%GRVT +0.0167%RISEx +0.0219%edgeX +0.0469%tradeXYZ +0.0642%Ondo Perps +0.0858%Deribit +0.1074%

⇄⇅

SHORTAster▾Ondo Perps +0.0858%tradeXYZ +0.0642%edgeX +0.0469%RISEx +0.0219%GRVT +0.0167%Orderly +0.0098%Bybit +0.0046%Lighter +0.0032%BingX +0.0027%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitKORU_USDC-PERPETUAL	10.603	+0.1074	pay 0.0134% / 1h	11m 33s	$273K	$254K	10x	Long Deribit
SHORT	AsterKORUUSD1	10.595	0	0.0000% / 8h	4h 11m	$2.6M	$1.1M	20x	Short Aster≤10% back

Price gap−0.077%

Funding gap−0.1074% /8h

Both sides work against this direction now: funding costs $32 a day on $10k and the gap is 0.110% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.655% in total, about −0.0312%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.077%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

DeribitAster

KORU on 21 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

• !
  Watch: Thin at this size17.0 / 18.1 bp

  At $10k entering Aster costs 18.1 bp, fee and slippage, 1.1× Deribit’s.
• i
  Note: Margin at max leverage$1,000 + $500

  Deribit 10x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Deribit · 1h−$32.22

  Short Aster · 8h$0.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$32.22Long Deribit: 24 payments, −$32.22; short Aster: 3 payments, $0.00.
• !
  Watch: Gap narrower than usual−0.077% vs +0.033%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$273K vs $2.6M OI

  Deribit sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAster Stage 5

  Volume here counts toward the points program.
• !
  Watch: KYCDeribit Yes · Aster No

  ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0312%/8h × 21 periods−$65.54

Price spread−0.077% → +0.033% (7d avg)−$10.97

Slippage, 4 orderslive order books−$54.26

Fee Deribit bp × 2 orders−$7.00

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$145.78

Costs to cover0.693%Break-evennever at this rate

Slippage: Deribit: live order book, 10 min ago; Aster: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGDeribit4.7317.0 bp−$1722.3 bp−$223doesn’t fitdoesn’t fit

SELL · SHORTAster14.1418.1 bp−$1818.1 bp−$181doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

KORU news

posts that mention KORU or Direxion South Korea Bull 3x, from every exchangeSearch all news →

10-22 03:04	Orderly	Listing	new market PERP_KORU_USDC_mythos ($KORU) seen by our collector
10-13 15:17	Aster	Listing	new market KORUUSD1 ($KORU) seen by our collector
10-05 12:38	RISEx	Listing	September has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗
10-05 10:09	Deribit	Listing	🚨 Now live on Deribit: AVGO & KORU USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-05 10:01	Deribit	Listing	new market KORU_USDC-PERPETUAL ($KORU) seen by our collector
10-02 13:00	Deribit	Listing	🚨 AVGO & KORU Perpetuals. Coming to Deribit On Monday, October 5, 2026 at 10:00 AM UTC, Deribit will launch the following USDC-settled perpetual contracts: • AVGO_USDC, offering exposure to Broadcom Inc. • KORU_USDC, offering exposure to the KORU MSCI South Korea Bull 3X ETF @DeribitOfficial on X ↗