Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0283%/8h= −31.0% APRpaid last 24h —

Price spread now: MEXC against Lighter+0.050%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on MEXC

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

The price spread pays, funding is against you. MEXC is 0.050% dearer against Lighter than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.039	0.0032	pay 0.0004% / 1h	29m 44s	—	—	10x
Short	MEXC KORU_USDT	22.050	−0.0251	pay 0.0251% / 8h	2h 29m	$18.1M	$21.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$59.43
Price spread: +0.050% → 0.000%: $4.99
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$54.44
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	2.28 bp	2.3 bp −$2	2.3 bp −$23	9.7 bp −$969	30.5 bp −$15.2K

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
Bitget KORUUSDT	−0.1227%	8h	22.067	+0.127%	$52.9M	$60.8M	20x	as long as short
RISEx KORU/USDC	−0.0493%	1h	22.087	+0.218%	$30K	$307K	5x	as long as short
OKX KORU-USDT-SWAP	−0.0493%	8h	22.040	+0.005%	$5.9M	$28.9M	10x	as long as short
KuCoin KORUUSDTM	−0.0275%	8h	22.060	+0.095%	$407K	$922K	20x	as long as short
MEXC KORU_USDTshort	−0.0251%	8h	22.050	+0.050%	$18.1M	$21.7M	50x
Binance KORUUSDT	−0.0249%	8h	22.047	+0.038%	$50.8M	$359.5M	25x	as long as short
Extended KORU-USD	−0.0248%	1h	22.071	+0.145%	$5K	$179K	5x	as long as short
Bybit KORUUSDT	−0.0141%	8h	22.040	+0.005%	$6.4M	$23.8M	50x	as long as short
Aster KORUUSDT	−0.0081%	8h	22.053	+0.062%	$83K	$323K	50x	as long as short
tradeXYZ xyz:KORU	−0.0075%	1h	22.050	+0.050%	$3.2M	$9.4M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT KORU_USDT_Perp	−0.0065%	8h	21.950	−0.404%	$1K	$102K	10x	as long as short
Gate KORU_USDT	−0.0010%	8h	22.077	+0.172%	$2.5M	$3.9M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.080	+0.186%	—	$3.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.090	+0.231%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.120	+0.368%	$1.6M	$2.3M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.039	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.050	+0.050%	$11K	$61K	5x	as long as short
edgeX KORUUSDC	+0.0670%	4h	21.959	−0.362%	$440K	$314K	10x	as long as short