Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate+0.110%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.110% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KORU_USDT	22.665	0	get 0.0000% / 8h	6h 39m	$2.6M	$3.5M	25x
Short	Ondo Perps KORU-USD.P	22.690	0.0050	get 0.0006% / 1h	39m 13s	$17K	$39K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.110%Rate

Funding earned: $10.58
Price spread: +0.110% → 0.000%: $11.03
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $1.61
Costs to cover: 0.200%
Break-even: 5.9 days

Slippage unknown: Gate: live order book, 4 min ago; Ondo Perps: 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	4.62 bp	15.9 bp −$16	28.5 bp −$285	36.3 bp −$3,632	52.5 bp −$26.2K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
edgeX KORUUSDC	−0.0842%	4h	22.767	+0.448%	$456K	$307K	10x	as long as short
tradeXYZ xyz:KORU	−0.0604%	1h	22.653	−0.053%	$3.4M	$7.8M	10x	as long as short
Bybit KORUUSDT	−0.0274%	8h	22.670	+0.022%	$6.4M	$22.0M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	22.707	+0.186%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.645	−0.090%	$7K	$210K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.650	−0.066%	$56.3M	$329.4M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.650	−0.066%	$6.1M	$28.5M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.620	−0.200%	$35K	$303K	5x	as long as short
Gate KORU_USDTlong	0.0000%	8h	22.665	long leg	$2.6M	$3.5M	25x
MEXC KORU_USDT	0.0000%	8h	22.640	−0.110%	$14.7M	$19.8M	50x	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	22.670	+0.022%	—	$4.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.610	−0.243%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.650	−0.066%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.719	+0.238%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.690	+0.110%	$17K	$39K	5x
GRVT KORU_USDT_Perp	+0.0074%	8h	22.720	+0.243%	$1K	$95K	10x	as long as short
Bitget KORUUSDT	+0.0086%	8h	22.642	−0.101%	$52.9M	$62.3M	20x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.720	+0.243%	$426K	$1.0M	20x	as long as short