Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0266%/8h= +29.1% APRpaid last 24h —

Price spread now: Lighter against KuCoin−0.004%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.270	−0.0234	get 0.0234% / 8h	2h 09m	$410K	$917K	20x
Short	Lighter KORU	22.269	0.0032	get 0.0004% / 1h	9m 39s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now −0.004%Rate

Funding earned: $55.86
Price spread: −0.004% → 0.000%: −$0.45
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $43.41
Costs to cover: 0.120%
Break-even: 1.6 days

Slippage unknown: KuCoin: live order book, 30 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 KuCoin live order book, 30 min ago	2.26 bp	47.6 bp −$48	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
Bitget KORUUSDT	−0.1692%	8h	22.255	−0.067%	$54.3M	$61.7M	20x	as long as short
RISEx KORU/USDC	−0.0493%	1h	22.210	−0.269%	$28K	$308K	5x	as long as short
OKX KORU-USDT-SWAP	−0.0388%	8h	22.270	0.000%	$6.2M	$30.1M	10x	as long as short
KuCoin KORUUSDTMlong	−0.0234%	8h	22.270	long leg	$410K	$917K	20x
Extended KORU-USD	−0.0136%	1h	22.231	−0.176%	$6K	$179K	5x	as long as short
MEXC KORU_USDT	−0.0133%	8h	22.270	0.000%	$12.0M	$22.6M	50x	as long as short
Binance KORUUSDT	−0.0132%	8h	22.275	+0.023%	$51.4M	$367.9M	25x	as long as short
Bybit KORUUSDT	−0.0067%	8h	22.280	+0.045%	$6.4M	$24.3M	50x	as long as short
Aster KORUUSDT	−0.0048%	8h	22.270	0.000%	$67K	$336K	50x	as long as short
Gate KORU_USDT	−0.0026%	8h	22.236	−0.153%	$2.3M	$4.0M	25x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KORU	−0.0024%	1h	22.254	−0.072%	$3.2M	$9.7M	10x	as long as short
SunX KORU-USDT	0.0000%	8h	22.190	−0.359%	—	$3.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.220	−0.225%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.210	−0.269%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.269	−0.004%	—	—	10x
GRVT KORU_USDT_Perp	+0.0046%	8h	21.990	−1.256%	$1K	$104K	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.250	−0.090%	$11K	$64K	5x	as long as short
edgeX KORUUSDC	+0.0880%	4h	22.076	−0.869%	$442K	$313K	10x	as long as short