Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.2% APRpaid last 24h −0.015%

Price spread now: Ondo Perps against KuCoin+0.043%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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 +$8 a day on $10k at the current rate, and Ondo Perps is 0.043% dearer against KuCoin than usual: you sell high and buy low: +$4 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	KuCoin KORUUSDTM	23.030	−0.0207	get 0.0207% / 8h	4h 35m	$443K	$984K	20x
Short	Ondo Perps KORU-USD.P	23.040	0.0050	get 0.0006% / 1h	35m 03s	$13K	$51K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.043%Rate

Funding earned: $54.05
Price spread: +0.043% → 0.000%: $4.34
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $41.4
Costs to cover: 0.170%
Break-even: 1.6 days

Slippage unknown: KuCoin: live order book, 19 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 KuCoin live order book, 19 min ago	4.35 bp	33.8 bp −$34	doesn't fit	doesn't fit	doesn't fit
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
RISEx KORU/USDC	−0.0951%	1h	23.014	−0.070%	$40K	$300K	5x	as long as short
edgeX KORUUSDC	−0.0642%	4h	23.010	−0.086%	$461K	$311K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0501%	8h	23.000	−0.130%	$6.2M	$28.2M	10x	as long as short
Bybit KORUUSDT	−0.0501%	8h	23.030	0.000%	$6.8M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0465%	8h	23.010	−0.087%	$1K	$97K	10x	as long as short
tradeXYZ xyz:KORU	−0.0360%	1h	23.027	−0.013%	$3.1M	$8.3M	10x	as long as short
Extended KORU-USD	−0.0256%	1h	23.014	−0.068%	$7K	$205K	5x	as long as short
Binance KORUUSDT	−0.0253%	8h	23.020	−0.043%	$56.5M	$328.9M	25x	as long as short
MEXC KORU_USD1	−0.0252%	8h	23.020	−0.043%	$12.1M	$83K	20x	as long as short
KuCoin KORUUSDTMlong	−0.0207%	8h	23.030	long leg	$443K	$984K	20x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0096%	8h	23.024	−0.028%	$91K	$288K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	23.021	−0.039%	$2.7M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	23.020	−0.043%	—	$3.8M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.030	0.000%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	23.030	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	23.049	+0.083%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	23.040	+0.043%	$13K	$51K	5x
Bitget KORUUSDT	+0.0159%	8h	22.995	−0.152%	$53.5M	$57.6M	20x	as long as short