Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —

Price spread now: Lighter against Ondo Perps−0.453%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps 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 airdropOndo Perps: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.453% cheaper against Ondo Perps than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	21.200	0.0050	pay 0.0006% / 1h	31m 58s	$11K	$67K	5x
Short	Lighter KORU	21.104	0.0032	get 0.0004% / 1h	31m 58s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.453%Rate

Funding earned: −$3.86
Price spread: −0.453% → 0.000%: −$45.28
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$54.15
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Ondo Perps and 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	−0.2742%	8h	21.132	−0.321%	$53.1M	$63.4M	20x	as long as short
edgeX KORUUSDC	−0.0921%	4h	21.248	+0.226%	$426K	$316K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	21.157	−0.203%	$64K	$321K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.142	−0.274%	$6K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.140	−0.283%	$49.2M	$384.1M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.120	−0.377%	$6.4M	$24.0M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.120	−0.377%	$6.1M	$29.3M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.156	−0.206%	$27K	$292K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.139	−0.288%	$2.7M	$3.8M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	21.140	−0.283%	$11.1M	$80K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	21.120	−0.377%	—	$3.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.210	+0.047%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.140	−0.283%	$1.5M	$2.1M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	21.104	−0.453%	—	—	10x
tradeXYZ xyz:KORU	+0.0050%	1h	21.105	−0.448%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.Plong	+0.0050%	1h	21.200	long leg	$11K	$67K	5x
KuCoin KORUUSDTM	+0.0092%	8h	21.120	−0.377%	$409K	$884K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.260	+0.281%	$1K	$102K	10x	as long as short