Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG10.530+0.0050pay 0.0006% / 1h50m 16s$98K$18K5xLong Ondo Perps5% off
SHORT10.502+0.0714get 0.0089% / 1h50m 16s$284K$661K10xShort Deribit
Price gap−0.264%
Funding gap+0.0664% /8h

Funding pays +$20 a day on $10k, but the gap is 0.264% under zero (no 7-day history yet): −$26 if it goes back, about 32 hours of funding. At the last 7 days' pace that is about 5.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$36+0.0664% /8h now · paid +0.355% over the last 7D
Price—spread −0.264% now · no price history on both exchanges yet
Costs−$690.688% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropOndo Perps: points · farm boardneeds both price histories

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.355% in total, about +0.0169%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.264%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

KORU on 21 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size16.6 / 8.3 bp
    At $10k entering Ondo Perps costs 16.6 bp, fee and slippage, 2.0× Deribit’s.
  • Note: Margin at max leverage$2,000 + $1,000
    Ondo Perps 5x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$19.92Long Ondo Perps: 24 payments, −$1.51; short Deribit: 24 payments, +$21.43.
  • Note: No 7-day spread history−0.264%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$98K vs $284K OI
    Ondo Perps sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCOndo Perps No · Deribit Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0169%/8h × 21 periods+$35.51
Price spread−0.264% → 0−$26.39
Slippage, 4 orderslive order books−$56.83
Fee Ondo Perps bp × 2 orders−$5.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$59.70
Costs to cover0.688%Break-even18.8 days
Slippage: Ondo Perps: live order book, 37 min ago; Deribit: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps14.1416.6 bp−$1726.2 bp−$262doesn’t fitdoesn’t fit
SELL · SHORTDeribit4.788.3 bp−$815.9 bp−$159doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

KORU news

posts that mention KORU or Direxion South Korea Bull 3x, from every exchangeSearch all news →
10-22 03:04OrderlyListingnew market PERP_KORU_USDC_mythos ($KORU) seen by our collector
10-13 15:17AsterListingnew market KORUUSD1 ($KORU) seen by our collector
10-05 12:38RISExListingSeptember has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗
10-05 10:09DeribitListing🚨 Now live on Deribit: AVGO & KORU USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-05 10:01DeribitListingnew market KORU_USDC-PERPETUAL ($KORU) seen by our collector
10-02 13:00DeribitListing🚨 AVGO & KORU Perpetuals. Coming to Deribit On Monday, October 5, 2026 at 10:00 AM UTC, Deribit will launch the following USDC-settled perpetual contracts: • AVGO_USDC, offering exposure to Broadcom Inc. • KORU_USDC, offering exposure to the KORU MSCI South Korea Bull 3X ETF @DeribitOfficial on X ↗