Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0471%/8h= +51.6% APRpaid last 24h —

Price spread now: Lighter against Gate−0.132%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.132% cheaper against Gate than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 22 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	22.690	−0.0439	get 0.0439% / 8h	7h 58m	$2.8M	$3.2M	25x
Short	Lighter KORU	22.660	0.0032	get 0.0004% / 1h	58m 41s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.132%Rate

Funding earned: $98.91
Price spread: −0.132% → 0.000%: −$13.22
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: $70.69
Costs to cover: 0.150%
Break-even: 2.0 days

Slippage unknown: Gate: live order book, 4 min ago; Lighter: 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 Gate live order book, 4 min ago	0.22 bp	22.1 bp −$22	35.1 bp −$351	38.2 bp −$3,822	54.4 bp −$27.2K
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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
tradeXYZ xyz:KORU	−0.2930%	1h	22.729	+0.172%	$3.2M	$7.4M	10x	as long as short
Gate KORU_USDTlong	−0.0439%	8h	22.690	long leg	$2.8M	$3.2M	25x
edgeX KORUUSDC	−0.0432%	4h	22.745	+0.243%	$455K	$308K	10x	as long as short
Bybit KORUUSDT	−0.0193%	8h	22.720	+0.132%	$6.5M	$22.5M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.715	+0.112%	$82K	$262K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.706	+0.069%	$19K	$176K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.713	+0.102%	$57.3M	$337.6M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.700	+0.044%	$5.8M	$30.7M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.703	+0.059%	$31K	$306K	5x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.700	+0.044%	$14.3M	$20.4M	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	22.670	−0.088%	$52.7M	$70.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.620	−0.309%	—	$4.8M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.770	+0.353%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.670	−0.088%	$1.6M	$2.4M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.660	−0.132%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.590	−0.441%	$19K	$13K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.680	−0.044%	$482K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.750	+0.264%	$2K	$98K	10x	as long as short