Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate+0.262%7-day average — · you sell dearer than you buy

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

Long on Gate 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.262% dearer against Gate than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	22.102	0	get 0.0000% / 8h	2h 36m	$2.6M	$3.8M	25x
Short	Ondo Perps KORU-USD.P	22.160	0.0050	get 0.0006% / 1h	36m 39s	$11K	$61K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.262%Rate

Funding earned: $10.58
Price spread: +0.262% → 0.000%: $26.24
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $16.83
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	4.96 bp	12.5 bp −$12	33.0 bp −$330	43.6 bp −$4,365	60.9 bp −$30.5K
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
Bitget KORUUSDT	−0.0913%	8h	22.110	+0.036%	$52.3M	$59.8M	20x	as long as short
edgeX KORUUSDC	−0.0660%	4h	22.117	+0.066%	$443K	$313K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0509%	8h	22.090	−0.054%	$6.0M	$28.5M	10x	as long as short
RISEx KORU/USDC	−0.0493%	1h	22.099	−0.014%	$29K	$307K	5x	as long as short
KuCoin KORUUSDTM	−0.0281%	8h	22.140	+0.172%	$412K	$924K	20x	as long as short
Extended KORU-USD	−0.0280%	1h	22.084	−0.080%	$6K	$184K	5x	as long as short
MEXC KORU_USDT	−0.0280%	8h	22.100	−0.009%	$16.6M	$21.5M	50x	as long as short
Binance KORUUSDT	−0.0279%	8h	22.093	−0.041%	$50.7M	$354.9M	25x	as long as short
Bybit KORUUSDT	−0.0166%	8h	22.100	−0.009%	$6.4M	$23.6M	50x	as long as short
tradeXYZ xyz:KORU	−0.0157%	1h	22.109	+0.032%	$3.2M	$9.3M	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	−0.0097%	8h	22.102	+0.002%	$82K	$300K	50x	as long as short
GRVT KORU_USDT_Perp	−0.0093%	8h	22.130	+0.127%	$1K	$102K	10x	as long as short
Gate KORU_USDTlong	0.0000%	8h	22.102	long leg	$2.6M	$3.8M	25x
SunX KORU-USDT	0.0000%	8h	22.230	+0.579%	—	$3.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.130	+0.127%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.190	+0.398%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.109	+0.032%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.160	+0.262%	$11K	$61K	5x