Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Lighter+0.004%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 Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.829	0.0032	pay 0.0004% / 1h	44m 27s	—	—	10x
Short	Ondo Perps KORU-USD.P	22.830	0.0050	get 0.0006% / 1h	44m 27s	$19K	$29K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.004%Rate

Funding earned: $3.86
Price spread: +0.004% → 0.000%: $0.44
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$0.7
Costs to cover: 0.050%
Break-even: 8.3 days

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

Lighter and 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
tradeXYZ xyz:KORU	−0.0382%	1h	22.801	−0.123%	$3.2M	$7.7M	10x	as long as short
Bybit KORUUSDT	−0.0071%	8h	22.840	+0.048%	$6.5M	$21.8M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.843	+0.061%	$93K	$283K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.784	−0.197%	$7K	$210K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.840	+0.048%	$56.8M	$326.6M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.830	+0.004%	$6.1M	$28.6M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.799	−0.129%	$35K	$303K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.811	−0.079%	$2.6M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.810	−0.083%	$14.6M	$19.6M	50x	as long as short
SunX KORU-USDT	0.0000%	8h	22.800	−0.127%	—	$4.2M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX KORU-USDT	0.0000%	8h	22.890	+0.267%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.790	−0.171%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.829	long leg	—	—	10x
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.830	+0.004%	$19K	$29K	5x
KuCoin KORUUSDTM	+0.0100%	8h	22.840	+0.048%	$442K	$1.0M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.979	+0.656%	$1K	$94K	10x	as long as short
Bitget KORUUSDT	+0.0273%	8h	22.817	−0.053%	$53.5M	$62.2M	20x	as long as short
edgeX KORUUSDC	+0.0715%	4h	22.900	+0.311%	$459K	$309K	10x	as long as short