Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0525%/8h= −57.5% APRnext payment −$0.66 per $10,000 · paid last 24h —

Price spread now: RISEx against Lighter+0.156%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 RISEx

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. RISEx is 0.156% dearer against Lighter than usual: you sell high and buy low (spread +0.156% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.289	0.0032	pay 0.0004% / 1h	7m 00s	—	—	10x
Short	RISEx KORU/USDC	22.324	−0.0493	pay 0.0062% / 1h	7m 00s	$28K	$308K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.156%Rate

Funding earned: −$110.3
Price spread: +0.156% → 0.000%: $15.59
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$100.72
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; RISEx: live order book, 41 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 RISEx live order book, 41 min ago	2.01 bp	5.0 bp −$5	9.1 bp −$91	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
Bitget KORUUSDT	−0.1627%	8h	22.286	−0.013%	$54.4M	$61.8M	20x	as long as short
RISEx KORU/USDCshort	−0.0493%	1h	22.324	+0.156%	$28K	$308K	5x
OKX KORU-USDT-SWAP	−0.0382%	8h	22.290	+0.004%	$6.2M	$30.2M	10x	as long as short
KuCoin KORUUSDTM	−0.0230%	8h	22.290	+0.004%	$410K	$915K	20x	as long as short
MEXC KORU_USDT	−0.0131%	8h	22.280	−0.040%	$12.1M	$22.8M	50x	as long as short
Binance KORUUSDT	−0.0129%	8h	22.300	+0.049%	$51.4M	$368.9M	25x	as long as short
Extended KORU-USD	−0.0128%	1h	22.284	−0.024%	$6K	$177K	5x	as long as short
edgeX KORUUSDC	−0.0064%	4h	22.207	−0.366%	$445K	$313K	10x	as long as short
Bybit KORUUSDT	−0.0061%	8h	22.300	+0.049%	$6.4M	$24.3M	50x	as long as short
Aster KORUUSDT	−0.0046%	8h	22.275	−0.061%	$66K	$336K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KORU	−0.0044%	1h	22.275	−0.063%	$3.2M	$9.8M	10x	as long as short
Gate KORU_USDT	−0.0005%	8h	22.281	−0.036%	$2.3M	$4.0M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.260	−0.130%	—	$3.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.320	+0.139%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.280	−0.040%	$1.6M	$2.3M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.289	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.260	−0.130%	$11K	$65K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0077%	8h	22.220	−0.310%	$1K	$104K	10x	as long as short