Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Gate−0.095%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.095% cheaper against Gate than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 9.9 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	Gate KORU_USDT	22.100	0	get 0.0000% / 8h	1h 53m	$2.2M	$4.0M	25x
Short	Lighter KORU	22.079	0.0032	get 0.0004% / 1h	53m 44s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.095%Rate

Funding earned: $6.72
Price spread: −0.095% → 0.000%: −$9.5
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$17.78
Costs to cover: 0.150%
Break-even: 25.5 days

Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago	4.49 bp	14.0 bp −$14	31.5 bp −$315	37.8 bp −$3,781	54.3 bp −$27.2K
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	−0.1412%	8h	22.111	+0.050%	$54.0M	$62.2M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0379%	8h	22.110	+0.045%	$6.0M	$30.3M	10x	as long as short
KuCoin KORUUSDTM	−0.0229%	8h	22.090	−0.045%	$407K	$909K	20x	as long as short
tradeXYZ xyz:KORU	−0.0217%	1h	22.080	−0.090%	$3.3M	$9.9M	10x	as long as short
MEXC KORU_USDT	−0.0133%	8h	22.120	+0.090%	$13.5M	$22.4M	50x	as long as short
Binance KORUUSDT	−0.0130%	8h	22.111	+0.051%	$50.3M	$372.4M	25x	as long as short
Extended KORU-USD	−0.0128%	1h	22.099	−0.006%	$7K	$180K	5x	as long as short
Bybit KORUUSDT	−0.0057%	8h	22.100	0.000%	$6.3M	$24.4M	50x	as long as short
Aster KORUUSDT	−0.0050%	8h	22.088	−0.053%	$65K	$337K	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.055	−0.203%	$29K	$308K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDTlong	0.0000%	8h	22.100	long leg	$2.2M	$4.0M	25x
SunX KORU-USDT	0.0000%	8h	22.080	−0.090%	—	$3.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.120	+0.090%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.110	+0.045%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.079	−0.095%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.090	−0.045%	$11K	$65K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0089%	8h	22.207	+0.485%	$2K	$105K	10x	as long as short
edgeX KORUUSDC	+0.0415%	4h	22.279	+0.809%	$447K	$313K	10x	as long as short