Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: MEXC against Lighter+0.036%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 MEXC

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. MEXC is 0.036% dearer against Lighter than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.122	0.0032	pay 0.0004% / 1h	8m 52s	—	—	10x
Short	MEXC KORU_USDT	22.130	0	get 0.0000% / 8h	6h 08m	$12.0M	$24.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$6.72
Price spread: +0.036% → 0.000%: $3.62
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$3.1
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	2.26 bp	2.3 bp −$2	2.3 bp −$23	6.5 bp −$645	20.2 bp −$10.1K

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 exchanges

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	−0.1897%	8h	22.146	+0.108%	$52.4M	$72.0M	20x	as long as short
edgeX KORUUSDC	−0.0193%	4h	22.138	+0.075%	$443K	$316K	10x	as long as short
tradeXYZ xyz:KORU	−0.0067%	1h	22.121	−0.005%	$3.4M	$10.3M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.140	+0.081%	$61K	$321K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.123	+0.004%	$7K	$172K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.140	+0.081%	$47.9M	$397.4M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.130	+0.036%	$6.2M	$25.6M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.140	+0.081%	$5.9M	$33.7M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.131	+0.041%	$29K	$304K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.130	+0.036%	$2.7M	$4.1M	25x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KORU_USDTshort	0.0000%	8h	22.130	+0.036%	$12.0M	$24.3M	50x
SunX KORU-USDT	0.0000%	8h	22.130	+0.036%	—	$2.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.150	+0.127%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.130	+0.036%	$1.6M	$2.1M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.122	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.090	−0.145%	$13K	$72K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.130	+0.036%	$401K	$848K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.135	+0.058%	$2K	$96K	10x	as long as short