Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Lighter−0.202%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 Ondo Perps

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 · Ondo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.202% cheaper against Lighter than usual: you would sell low and buy high (spread −0.202% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 37 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.315	0.0032	pay 0.0004% / 1h	44m 50s	—	—	10x
Short	Ondo Perps KORU-USD.P	22.270	0.0050	get 0.0006% / 1h	44m 50s	$13K	$73K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.202%Rate

Funding earned: $3.86
Price spread: −0.202% → 0.000%: −$20.17
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$21.3
Costs to cover: 0.050%
Break-even: 45.6 days

Slippage unknown: Lighter: no order-book sample; 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 Lighter no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Lighter and 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 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	−0.1725%	8h	22.294	−0.094%	$52.7M	$78.4M	20x	as long as short
tradeXYZ xyz:KORU	−0.0146%	1h	22.330	+0.067%	$3.4M	$10.6M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.300	−0.067%	$57K	$327K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.313	−0.010%	$7K	$170K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.311	−0.018%	$47.7M	$414.3M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.310	−0.022%	$6.0M	$27.0M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.290	−0.112%	$6.2M	$36.2M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.310	−0.022%	$32K	$317K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.313	−0.009%	$2.3M	$4.3M	25x	as long as short
MEXC KORU_USD1	0.0000%	8h	22.330	+0.067%	$10.7M	$261K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.330	+0.067%	—	$2.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.320	+0.022%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.320	+0.022%	$1.6M	$2.1M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.315	long leg	—	—	10x
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.270	−0.202%	$13K	$73K	5x
KuCoin KORUUSDTM	+0.0100%	8h	22.320	+0.022%	$401K	$848K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.415	+0.449%	$2K	$96K	10x	as long as short
edgeX KORUUSDC	+0.0634%	4h	22.410	+0.424%	$449K	$318K	10x	as long as short