Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h —

Price spread now: RISEx against Lighter+0.082%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 RISEx

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. RISEx is 0.082% dearer against Lighter than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	21.519	0.0032	pay 0.0004% / 1h	3m 54s	—	—	10x
Short	RISEx KORU/USDC	21.537	0	get 0.0000% / 1h	3m 54s	$28K	$297K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$6.72
Price spread: +0.082% → 0.000%: $8.24
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$4.48
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; RISEx: live order book, 34 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 RISEx live order book, 34 min ago	0.23 bp	3.2 bp −$3	8.7 bp −$87	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
Bitget KORUUSDT	−0.2824%	8h	21.536	+0.079%	$54.2M	$62.8M	20x	as long as short
edgeX KORUUSDC	−0.0996%	4h	21.551	+0.147%	$432K	$316K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	21.543	+0.112%	$64K	$323K	50x	as long as short
Extended KORU-USD	0.0000%	1h	21.527	+0.038%	$5K	$182K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	21.533	+0.067%	$49.8M	$382.8M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	21.530	+0.051%	$6.5M	$24.6M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	21.520	+0.005%	$6.2M	$29.3M	10x	as long as short
RISEx KORU/USDCshort	0.0000%	1h	21.537	+0.082%	$28K	$297K	5x
Gate KORU_USDT	0.0000%	8h	21.535	+0.074%	$2.7M	$4.2M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	21.540	+0.098%	$11.7M	$23.0M	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	21.500	−0.088%	—	$3.3M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.540	+0.098%	$8K	$20K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.540	+0.098%	$1.5M	$2.2M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	21.519	long leg	—	—	10x
tradeXYZ xyz:KORU	+0.0050%	1h	21.510	−0.042%	$3.1M	$10.3M	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	21.570	+0.237%	$11K	$70K	5x	as long as short
KuCoin KORUUSDTM	+0.0067%	8h	21.540	+0.098%	$422K	$894K	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.551	+0.150%	$2K	$104K	10x	as long as short