Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h —

Price spread now: Lighter against MEXC−0.043%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Lighter

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

Funding pays, the price is against you. Lighter is 0.043% cheaper against MEXC than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KORU_USD1	23.080	−0.0281	get 0.0281% / 8h	4h 18m	$12.2M	$84K	20x
Short	Lighter KORU	23.070	0.0032	get 0.0004% / 1h	18m 13s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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 MEXCbpFee LighterbpOrdersPrice spread, now −0.043%Rate

Funding earned: $65.73
Price spread: −0.043% → 0.000%: −$4.33
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $61.4
Costs to cover: 0.000%
Break-even: 0.5 days

Slippage unknown: MEXC: live order book, 5 min ago; Lighter: 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 MEXC live order book, 5 min ago	12.98 bp	13.0 bp −$13	15.5 bp −$155	24.1 bp −$2,408	57.0 bp −$28.5K
Sell Lighter no order-book sample	—	—	—	—	—

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
RISEx KORU/USDC	−0.0951%	1h	23.073	−0.032%	$38K	$300K	5x	as long as short
edgeX KORUUSDC	−0.0922%	4h	23.075	−0.022%	$462K	$311K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0536%	8h	23.070	−0.043%	$6.3M	$28.4M	10x	as long as short
Bybit KORUUSDT	−0.0443%	8h	23.080	0.000%	$6.7M	$21.8M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0404%	8h	23.090	+0.044%	$1K	$97K	10x	as long as short
tradeXYZ xyz:KORU	−0.0355%	1h	23.069	−0.048%	$3.2M	$8.6M	10x	as long as short
Binance KORUUSDT	−0.0281%	8h	23.078	−0.007%	$56.4M	$329.7M	25x	as long as short
MEXC KORU_USD1long	−0.0281%	8h	23.080	long leg	$12.2M	$84K	20x
Extended KORU-USD	−0.0280%	1h	23.072	−0.034%	$6K	$208K	5x	as long as short
KuCoin KORUUSDTM	−0.0242%	8h	23.070	−0.043%	$444K	$975K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0106%	8h	23.063	−0.075%	$91K	$289K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	23.077	−0.013%	$2.7M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	23.090	+0.043%	—	$3.8M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.100	+0.087%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	23.080	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	23.070	−0.043%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	23.110	+0.130%	$13K	$51K	5x	as long as short
Bitget KORUUSDT	+0.0340%	8h	23.062	−0.078%	$53.6M	$57.7M	20x	as long as short