Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%

Price spread now: GRVT against Ondo Perps+0.081%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.081% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	21.390	0.0050	pay 0.0006% / 1h	47m 19s	$11K	$68K	5x
Short	GRVT KORU_USDT_Perp	21.407	0.0100	get 0.0100% / 8h	7h 47m	$1K	$103K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.081%Rate

Funding earned: $10.42
Price spread: +0.081% → 0.000%: $8.15
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $4.56
Costs to cover: 0.140%
Break-even: 3.9 days

Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 11 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 GRVT live order book, 11 min ago	7.00 bp	11.5 bp −$12	24.3 bp −$243	doesn't fit	doesn't fit

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
Bitget KORUUSDT	−0.2879%	8h	21.362	−0.131%	$53.7M	$62.3M	20x	as long as short
Aster KORUUSDT	0.0000%	8h	21.379	−0.050%	$64K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.374	−0.072%	$5K	$182K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.380	−0.047%	$49.7M	$382.7M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.360	−0.140%	$6.4M	$23.8M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.370	−0.094%	$6.0M	$29.3M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.400	+0.047%	$28K	$292K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.389	−0.005%	$2.7M	$3.7M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.360	−0.140%	$13.6M	$23.0M	50x	as long as short
SunX KORU-USDT	0.0000%	8h	21.360	−0.140%	—	$3.2M	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	21.410	+0.094%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.360	−0.140%	$1.5M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	21.342	−0.224%	—	—	10x	as long as short
KuCoin KORUUSDTM	+0.0049%	8h	21.360	−0.140%	$414K	$889K	20x	as long as short
tradeXYZ xyz:KORU	+0.0050%	1h	21.347	−0.201%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.Plong	+0.0050%	1h	21.390	long leg	$11K	$68K	5x
GRVT KORU_USDT_Perpshort	+0.0100%	8h	21.407	+0.081%	$1K	$103K	10x
edgeX KORUUSDC	+0.0841%	4h	21.411	+0.097%	$429K	$316K	10x	as long as short