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 tradeXYZ−0.009%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ 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 airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:KORU	21.216	0.0050	pay 0.0006% / 1h	36m 36s	$3.1M	$10.2M	10x
Short	Lighter KORU	21.214	0.0032	get 0.0004% / 1h	36m 36s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$3.78
Price spread: −0.009% → 0.000%: −$0.94
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$22.72
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago	0.47 bp	9.8 bp −$10	16.1 bp −$161	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	−0.2778%	8h	21.221	+0.024%	$53.3M	$62.3M	20x	as long as short
edgeX KORUUSDC	−0.0677%	4h	21.300	+0.396%	$427K	$315K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	21.237	+0.097%	$64K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.224	+0.040%	$5K	$176K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.232	+0.075%	$49.3M	$381.7M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.230	+0.066%	$6.4M	$23.8M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.230	+0.066%	$6.1M	$29.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.279	+0.295%	$27K	$291K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	21.245	+0.137%	$2.7M	$3.7M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	21.240	+0.113%	$11.2M	$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	21.260	+0.207%	—	$3.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.300	+0.396%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.270	+0.255%	$1.5M	$2.1M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	21.214	−0.009%	—	—	10x
tradeXYZ xyz:KORUlong	+0.0050%	1h	21.216	long leg	$3.1M	$10.2M	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	21.270	+0.255%	$11K	$67K	5x	as long as short
KuCoin KORUUSDTM	+0.0081%	8h	21.240	+0.113%	$411K	$885K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.300	+0.396%	$1K	$102K	10x	as long as short