Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h —

Price spread now: Extended against Lighter−0.030%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Extended

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 · Extended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.440	0.0032	pay 0.0004% / 1h	10m 04s	—	—	10x
Short	Extended KORU-USD	22.433	0	get 0.0000% / 1h	10m 04s	$7K	$166K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$6.72
Price spread: −0.030% → 0.000%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$14.74
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Extended: live order book, 11 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Extended live order book, 11 min ago	2.68 bp	5.5 bp −$5	9.5 bp −$95	doesn't fit	doesn't fit

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	−0.0281%	1h	22.418	−0.098%	$3.2M	$8.2M	10x	as long as short
edgeX KORUUSDC	−0.0208%	4h	22.443	+0.012%	$449K	$304K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.443	+0.013%	$81K	$263K	50x	as long as short
Extended KORU-USDshort	0.0000%	1h	22.433	−0.030%	$7K	$166K	5x
Binance KORUUSDT	0.0000%	8h	22.437	−0.015%	$56.1M	$339.1M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.440	0.000%	$6.0M	$23.3M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.420	−0.089%	$6.0M	$31.1M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.423	−0.075%	$27K	$311K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.428	−0.053%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.430	−0.045%	$13.9M	$20.3M	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	22.409	−0.138%	$52.4M	$78.3M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.410	−0.134%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.430	−0.045%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.420	−0.089%	$1.6M	$2.5M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.440	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.420	−0.089%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.430	−0.045%	$485K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.429	−0.047%	$1K	$114K	10x	as long as short