Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against SunX−0.200%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.200% cheaper against SunX than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 21 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	SunX KORU-USDT	23.000	0	get 0.0000% / 8h	5h 32m	—	$4.0M	10x
Short	Lighter KORU	22.954	0.0032	get 0.0004% / 1h	32m 33s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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 SunXbpFee LighterbpOrdersPrice spread, now −0.200%Rate

Funding earned: $6.72
Price spread: −0.200% → 0.000%: −$20
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$21.28
Costs to cover: 0.080%
Break-even: 29.2 days

Slippage unknown: SunX: live order book, 16 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 SunX live order book, 16 min ago	901.94 bp	doesn't fit	doesn't fit	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
RISEx KORU/USDC	−0.1847%	1h	22.926	−0.322%	$38K	$304K	5x	as long as short
Bybit KORUUSDT	−0.0825%	8h	22.940	−0.261%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0804%	8h	22.921	−0.344%	$1K	$96K	10x	as long as short
tradeXYZ xyz:KORU	−0.0724%	1h	22.928	−0.313%	$3.1M	$8.2M	10x	as long as short
OKX KORU-USDT-SWAP	−0.0351%	8h	22.910	−0.391%	$6.1M	$28.5M	10x	as long as short
KuCoin KORUUSDTM	−0.0130%	8h	22.930	−0.304%	$435K	$1.0M	20x	as long as short
Binance KORUUSDT	−0.0098%	8h	22.936	−0.276%	$55.8M	$326.7M	25x	as long as short
Extended KORU-USD	−0.0096%	1h	22.928	−0.315%	$6K	$213K	5x	as long as short
MEXC KORU_USDT	−0.0094%	8h	22.920	−0.348%	$16.1M	$19.7M	50x	as long as short
Ondo Perps KORU-USD.P	−0.0037%	1h	22.930	−0.304%	$13K	$50K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0005%	8h	22.943	−0.248%	$90K	$289K	50x	as long as short
Gate KORU_USDT	−0.0003%	8h	22.930	−0.304%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.892	−0.470%	$53.2M	$58.5M	20x	as long as short
SunX KORU-USDTlong	0.0000%	8h	23.000	long leg	—	$4.0M	10x
HTX KORU-USDT	0.0000%	8h	22.950	−0.217%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.930	−0.304%	$1.6M	$2.4M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.954	−0.200%	—	—	10x
edgeX KORUUSDC	+0.0551%	4h	22.919	−0.351%	$459K	$311K	10x	as long as short