Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: HTX against Lighter−0.388%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 HTX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.388% cheaper against Lighter than usual: you would sell low and buy high (−$39 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	22.949	0.0032	pay 0.0004% / 1h	29m 09s	—	—	10x
Short	HTX KORU-USDT	22.860	0	get 0.0000% / 8h	5h 29m	$8K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.388%Rate

Funding earned: −$6.72
Price spread: −0.388% → 0.000%: −$38.78
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$57.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; HTX: 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 Lighter no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Lighter and HTX: 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	−0.1847%	1h	22.901	−0.210%	$38K	$304K	5x	as long as short
Bybit KORUUSDT	−0.0818%	8h	22.880	−0.301%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0776%	8h	22.917	−0.141%	$1K	$96K	10x	as long as short
tradeXYZ xyz:KORU	−0.0721%	1h	22.890	−0.257%	$3.1M	$8.2M	10x	as long as short
OKX KORU-USDT-SWAP	−0.0373%	8h	22.850	−0.431%	$6.1M	$28.4M	10x	as long as short
KuCoin KORUUSDTM	−0.0140%	8h	22.900	−0.214%	$435K	$1.0M	20x	as long as short
Extended KORU-USD	−0.0112%	1h	22.896	−0.233%	$6K	$213K	5x	as long as short
Binance KORUUSDT	−0.0111%	8h	22.862	−0.377%	$55.6M	$327.0M	25x	as long as short
MEXC KORU_USDT	−0.0105%	8h	22.890	−0.257%	$16.1M	$19.7M	50x	as long as short
Ondo Perps KORU-USD.P	−0.0040%	1h	22.890	−0.257%	$13K	$50K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0019%	8h	22.909	−0.172%	$90K	$289K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.896	−0.231%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.859	−0.392%	$53.2M	$58.5M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.940	−0.039%	—	$4.0M	10x	as long as short
HTX KORU-USDTshort	0.0000%	8h	22.860	−0.388%	$8K	$18K	10x
Phemex KORUUSDT	0.0000%	8h	22.890	−0.257%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.949	long leg	—	—	10x
edgeX KORUUSDC	+0.0434%	4h	22.938	−0.047%	$459K	$311K	10x	as long as short