Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Bitget against Lighter+0.062%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Bitget

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 pays, funding is against you. Bitget is 0.062% dearer against Lighter than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.484	0.0032	pay 0.0004% / 1h	45m 31s	—	—	10x
Short	Bitget KORUUSDT	22.498	0	get 0.0000% / 8h	1h 45m	$52.5M	$78.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$6.72
Price spread: +0.062% → 0.000%: $6.23
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$12.49
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Bitget: 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 Bitget live order book, 4 min ago	0.44 bp	9.5 bp −$10	23.3 bp −$233	69.6 bp −$6,960	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
edgeX KORUUSDC	−0.0294%	4h	22.491	+0.033%	$450K	$305K	10x	as long as short
tradeXYZ xyz:KORU	−0.0187%	1h	22.480	−0.018%	$3.2M	$8.2M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.483	−0.004%	$82K	$263K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.497	+0.058%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.505	+0.093%	$56.4M	$338.3M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.500	+0.071%	$6.0M	$23.2M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.500	+0.071%	$6.0M	$30.9M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.500	+0.073%	$28K	$310K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.489	+0.022%	$2.5M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.500	+0.071%	$13.9M	$20.3M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDTshort	0.0000%	8h	22.498	+0.062%	$52.5M	$78.6M	20x
SunX KORU-USDT	0.0000%	8h	22.480	−0.018%	—	$5.1M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.520	+0.160%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.470	−0.062%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.484	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.430	−0.240%	$19K	$11K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.480	−0.018%	$487K	$1.2M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.487	+0.015%	$1K	$107K	10x	as long as short