Settings8H · net · $10k
Funding arb · Price arb /

KORU

RWAall KORU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bybit against Ondo Perps+0.046%47s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Bybit is 0.046% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps KORU-USD.P21.8300.0050pay 0.0006% / 1h56m 54s$11K$69K5x
ShortBybit KORUUSDT21.8400get 0.0000% / 8h56m 54s$6.3M$24.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Ondo Perps. 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

Funding earned
−$10.58
Price spread: +0.046% → 0.000%
$4.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Bybit live order book, 2 min ago2.29 bp9.5 bp −$916.6 bp −$166116.0 bp −$11.6Kdoesn't fit
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KORUUSDT−0.2078%8h21.852+0.101%$54.1M$61.7M20xas long as short
tradeXYZ xyz:KORU−0.0238%1h21.826−0.018%$3.2M$10.2M10xas long as short
OKX KORU-USDT-SWAP−0.0225%8h21.8300.000%$6.0M$29.4M10xas long as short
KuCoin KORUUSDTM−0.0102%8h21.840+0.046%$402K$900K20xas long as short
MEXC KORU_USD1−0.0012%8h21.860+0.137%$11.5M$80K20xas long as short
Binance KORUUSDT−0.0012%8h21.837+0.033%$49.1M$376.7M25xas long as short
Extended KORU-USD−0.0008%1h21.844+0.066%$5K$178K5xas long as short
Aster KORUUSDT0.0000%8h21.848+0.083%$64K$319K50xas long as short
Bybit KORUUSDTshort0.0000%8h21.840+0.046%$6.3M$24.4M50x
RISEx KORU/USDC0.0000%1h21.831+0.005%$26K$306K5xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KORU_USDT0.0000%8h21.841+0.050%$2.4M$4.1M25xas long as short
SunX KORU-USDT0.0000%8h21.8300.000%$3.4M10xas long as short
HTX KORU-USDT0.0000%8h21.840+0.046%$8K$20K10xas long as short
Phemex KORUUSDT0.0000%8h21.850+0.092%$1.5M$2.3M10xas long as short
Lighter KORU+0.0032%1h21.839+0.041%10xas long as short
Ondo Perps KORU-USD.Plong+0.0050%1h21.830long leg$11K$69K5x
GRVT KORU_USDT_Perp+0.0100%8h21.845+0.069%$2K$102K10xas long as short
edgeX KORUUSDC+0.0991%4h21.857+0.125%$438K$313K10xas long as short