Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h −0.015%

Price spread now: Binance against Ondo Perps+0.038%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Binance is 0.038% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	22.810	0.0050	pay 0.0006% / 1h	51m 15s	$13K	$50K	5x
Short	Binance KORUUSDT	22.819	−0.0267	pay 0.0267% / 8h	3h 51m	$55.1M	$334.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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 Ondo PerpsbpFee BinancebpOrdersPrice spread, now +0.038%Rate

Funding earned: −$66.64
Price spread: +0.038% → 0.000%: $3.79
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$77.85
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 7 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	2.19 bp	7.2 bp −$7	9.3 bp −$93	23.8 bp −$2,376	78.0 bp −$39.0K

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
OKX KORU-USDT-SWAP	−0.0552%	8h	22.790	−0.088%	$6.2M	$28.1M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.817	+0.033%	$36K	$302K	5x	as long as short
Bybit KORUUSDT	−0.0307%	8h	22.830	+0.088%	$6.7M	$21.9M	50x	as long as short
MEXC KORU_USDT	−0.0268%	8h	22.810	0.000%	$15.2M	$21.1M	50x	as long as short
Binance KORUUSDTshort	−0.0267%	8h	22.819	+0.038%	$55.1M	$334.2M	25x
Extended KORU-USD	−0.0264%	1h	22.827	+0.073%	$6K	$208K	5x	as long as short
KuCoin KORUUSDTM	−0.0238%	8h	22.830	+0.088%	$440K	$961K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0234%	8h	22.828	+0.077%	$1K	$98K	10x	as long as short
Aster KORUUSDT	−0.0096%	8h	22.851	+0.181%	$89K	$290K	50x	as long as short
tradeXYZ xyz:KORU	−0.0082%	1h	22.851	+0.180%	$3.1M	$8.7M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	22.816	+0.026%	$2.7M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.797	−0.057%	$53.1M	$57.8M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.820	+0.044%	—	$3.8M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.850	+0.175%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.810	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.820	+0.044%	—	—	10x	as long as short
Ondo Perps KORU-USD.Plong	+0.0050%	1h	22.810	long leg	$13K	$50K	5x
edgeX KORUUSDC	+0.0525%	4h	22.828	+0.080%	$457K	$312K	10x	as long as short