Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Aster against Lighter−0.055%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	23.030	0.0032	pay 0.0004% / 1h	2m 43s	—	—	10x
Short	Aster KORUUSDT	23.017	0	get 0.0000% / 8h	7h 02m	$95K	$276K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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 LighterbpFee AsterbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$6.72
Price spread: −0.055% → 0.000%: −$5.47
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.19
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Aster: live order book, 4 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	6.51 bp	11.5 bp −$12	40.3 bp −$403	doesn't fit	doesn't fit

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
tradeXYZ xyz:KORU	−0.0695%	1h	23.017	−0.056%	$3.1M	$6.9M	10x	as long as short
edgeX KORUUSDC	−0.0677%	4h	23.044	+0.062%	$461K	$308K	10x	as long as short
Bybit KORUUSDT	−0.0053%	8h	23.030	0.000%	$6.5M	$22.0M	50x	as long as short
Aster KORUUSDTshort	0.0000%	8h	23.017	−0.055%	$95K	$276K	50x
Extended KORU-USD	0.0000%	1h	23.019	−0.047%	$6K	$205K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	23.022	−0.034%	$57.9M	$326.5M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	23.020	−0.043%	$6.2M	$29.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	23.019	−0.048%	$35K	$305K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	23.017	−0.056%	$2.7M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	23.020	−0.043%	$15.1M	$21.5M	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	23.020	−0.043%	—	$4.3M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	23.040	+0.043%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	23.010	−0.087%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	23.030	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	23.100	+0.304%	$19K	$24K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	23.020	−0.043%	$470K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	23.064	+0.146%	$2K	$96K	10x	as long as short
Bitget KORUUSDT	+0.0365%	8h	22.998	−0.139%	$54.0M	$64.3M	20x	as long as short