Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h —

Price spread now: Lighter against RISEx−0.214%7-day average — · you buy dearer than you sell

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

Long on RISEx 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 0.214% cheaper against RISEx than usual: you would sell low and buy high (spread −0.214% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 22 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx KORU/USDC	21.311	0	get 0.0000% / 1h	40m 56s	$27K	$292K	5x
Short	Lighter KORU	21.265	0.0032	get 0.0004% / 1h	40m 56s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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 RISExbpFee LighterbpOrdersPrice spread, now −0.214%Rate

Funding earned: $6.72
Price spread: −0.214% → 0.000%: −$21.35
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$20.63
Costs to cover: 0.060%
Break-even: 28.5 days

Slippage unknown: RISEx: live order book, 57 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 RISEx live order book, 57 min ago	0.23 bp	4.6 bp −$5	9.7 bp −$97	doesn't fit	doesn't fit
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
Bitget KORUUSDT	−0.2824%	8h	21.298	−0.059%	$53.5M	$62.3M	20x	as long as short
Aster KORUUSDT	0.0000%	8h	21.300	−0.049%	$63K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.294	−0.076%	$5K	$182K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.304	−0.033%	$49.4M	$381.9M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.300	−0.049%	$6.4M	$23.8M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.310	−0.002%	$6.1M	$29.3M	10x	as long as short
RISEx KORU/USDClong	0.0000%	1h	21.311	long leg	$27K	$292K	5x
Gate KORU_USDT	0.0000%	8h	21.306	−0.021%	$2.7M	$3.7M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.300	−0.049%	$15.2M	$23.2M	50x	as long as short
SunX KORU-USDT	0.0000%	8h	21.280	−0.143%	—	$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	21.310	−0.002%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.290	−0.096%	$1.5M	$2.1M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	21.265	−0.214%	—	—	10x
tradeXYZ xyz:KORU	+0.0050%	1h	21.286	−0.115%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.330	+0.092%	$11K	$67K	5x	as long as short
KuCoin KORUUSDTM	+0.0068%	8h	21.290	−0.096%	$413K	$888K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.370	+0.279%	$1K	$102K	10x	as long as short
edgeX KORUUSDC	+0.0387%	4h	21.362	+0.240%	$428K	$317K	10x	as long as short