Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0602%/8h= −65.9% APRpaid last 24h —

Price spread now: OKX against Lighter−0.044%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 OKX

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

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and OKX is 0.044% cheaper against Lighter than usual: you would sell low and buy high (−$4 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	22.680	0.0032	pay 0.0004% / 1h	41m 09s	—	—	10x
Short	OKX KORU-USDT-SWAP	22.670	−0.0570	pay 0.0570% / 8h	3h 41m	$6.2M	$28.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$126.48
Price spread: −0.044% → 0.000%: −$4.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$140.89
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	2.20 bp	11.6 bp −$12	19.2 bp −$192	80.0 bp −$7,999	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
OKX KORU-USDT-SWAPshort	−0.0570%	8h	22.670	−0.044%	$6.2M	$28.1M	10x
RISEx KORU/USDC	−0.0513%	1h	22.668	−0.053%	$37K	$302K	5x	as long as short
edgeX KORUUSDC	−0.0323%	4h	22.719	+0.172%	$455K	$311K	10x	as long as short
Extended KORU-USD	−0.0280%	1h	22.674	−0.028%	$6K	$208K	5x	as long as short
MEXC KORU_USDT	−0.0279%	8h	22.690	+0.044%	$15.2M	$21.2M	50x	as long as short
Binance KORUUSDT	−0.0278%	8h	22.680	0.000%	$54.8M	$334.7M	25x	as long as short
Bybit KORUUSDT	−0.0271%	8h	22.680	0.000%	$6.6M	$21.7M	50x	as long as short
KuCoin KORUUSDTM	−0.0255%	8h	22.690	+0.044%	$438K	$955K	20x	as long as short
GRVT KORU_USDT_Perp	−0.0214%	8h	22.720	+0.176%	$1K	$98K	10x	as long as short
tradeXYZ xyz:KORU	−0.0156%	1h	22.681	+0.004%	$3.1M	$8.8M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0105%	8h	22.692	+0.054%	$88K	$291K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.680	0.000%	$2.6M	$3.6M	25x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.662	−0.079%	$52.9M	$58.0M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.690	+0.044%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.700	+0.088%	$8K	$18K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.680	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.680	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.740	+0.265%	$13K	$50K	5x	as long as short