Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 13.120 | +0.0100 | pay 0.0013% / 1h | 12m 43s | $378K | $356K | 10x | Long SoDEX | |
| SHORT | 13.090 | +0.0050 | get 0.0006% / 1h | 12m 43s | $86K | $97K | 5x | Short Ondo Perps5% off |
Price gap−0.229%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.124% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0050% /8h now · paid −0.077% over the last 2 days (all we have)
Price−$12spread −0.229% now, avg −0.105% → −0.124% if it goes back
Costsno datano order book for Ondo Perps
Result, before costs−$20−0.20%+ Points / potential airdropOndo Perps: points · farm boardcosts unknown: no order book for Ondo Perps · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.229%
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
/8hKORU on 22 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Ondo Perps: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $2,000SoDEX 10x, Ondo Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.49Long SoDEX: 24 payments, −$3.00; short Ondo Perps: 24 payments, +$1.51.
- Watch: Gap narrower than usual−0.229% vs −0.105%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$86K vs $378K OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legSoDEX No · Ondo Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0109%/8h × 21 periods−$22.83
Price spread−0.229% → −0.105% (7d avg)−$12.38
Slippage, 4 ordersno data for Ondo Perps—
Fee SoDEX bp × 2 orders−$8.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$48.21
Costs to cover0.130%Break-evennever at this rate
Slippage: SoDEX: live order book, 25 min ago; Ondo Perps: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX3.7044.1 bp−$44128.0 bp−$1,280doesn’t fitdoesn’t fit
SELL · SHORTOndo Perps—————
Closing costs about the same again.
Ondo Perps: no data.
KORU news
posts that mention KORU or Direxion South Korea Bull 3x, from every exchangeSearch all news →| 10-28 04:08 | SoDEX | Other | 🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗ |
| 10-27 12:35 | SoDEX | Other | 🚀 Week 8 of Layer1 Season is in the books. 🔥 SoDEX open interest has climbed to $312M, surpassing the $300M milestone! A huge thank you to everyone trading, growing their squads, and driving SoDEX forward. ❤️ Eight weeks down. Twelve more to go. ⚡ New Bonus: ZEC-USD, NEAR-USD, BRENTOIL-USD, KORU-USD, MCD-USD, NKE-USD, CRWV-USD, CRWD-USD perps to earn 1.2× SoPoints on trading volume! Let's keep the momentum going! 🚀 @sodex_official on X ↗ |
| 10-26 14:16 | SoDEX | Other | 🌍 Get to Know $BRENTOIL & $KORU — Now on SoDEX! 🚀 🛢️ $BRENTOIL | Brent Crude Oil Brent is a major global benchmark for crude oil prices, reflecting international energy supply and demand. 📈 Key price drivers: ▪️ Middle East geopolitical tensions and supply disruptions ▪️ OPEC+ production decisions ▪️ Global economic growth and oil demand 🇰🇷 $KORU | South Korean Equities KORU is a leveraged ETF seeking 3x the daily performance of the MSCI Korea 25/50 Index, offering exposure to South Korea's equity market. 📈 Key price drivers: ▪️ AI and semiconductor demand, particularly Samsung Electronics and SK Hynix ▪️ South Korean economic conditions and monetary policy ▪️ Global tech sentiment and foreign capital flows 🔥 Explore both markets on SoDEX! 🔗 @sodex_official on X ↗ |
| 10-26 14:12 | SoDEX | Listing | 🚀 NEW PERPS LIVE ON SoDEX! 🔥 🛢️ $BRENTOIL — Up to 20x leverage: 🇰🇷 $KORU — Up to 10x leverage: 🔥 What's driving the markets? ▪️ $BRENTOIL: US-Iran tensions and Middle East supply disruptions fuel oil volatility. ▪️ $KORU: South Korean equities face swings amid semiconductor sentiment and broader market volatility. @sodex_official on X ↗ |
| 10-26 12:06 | SoDEX | Listing | new market KORU-USD ($KORU) seen by our collector |
| 10-22 03:04 | Orderly | Listing | new market PERP_KORU_USDC_mythos ($KORU) seen by our collector |
Orderly