Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0810%/8h= +88.7% APRpaid last 24h +0.009%

Price spread now: edgeX against Ondo Perps−0.369%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.369% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.369% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 36 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	22.720	0.0050	pay 0.0006% / 1h	35m 10s	$17K	$39K	5x
Short	edgeX KORUUSDC	22.636	0.0861	get 0.0430% / 4h	2h 35m	$453K	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee edgeXbpOrdersPrice spread, now −0.369%Rate

Funding earned: $170.15
Price spread: −0.369% → 0.000%: −$36.94
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $119.21
Costs to cover: 0.140%
Break-even: 2.1 days

Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 33 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 33 min ago	8.68 bp	14.6 bp −$15	51.2 bp −$512	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KORU	−0.0740%	1h	22.695	−0.110%	$3.4M	$7.8M	10x	as long as short
Bybit KORUUSDT	−0.0444%	8h	22.700	−0.088%	$6.4M	$22.0M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0038%	8h	22.660	−0.264%	$1K	$95K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.772	+0.229%	$92K	$288K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.688	−0.140%	$7K	$207K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.700	−0.088%	$55.8M	$329.0M	25x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.680	−0.176%	$6.1M	$28.6M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.690	−0.132%	$34K	$303K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.675	−0.198%	$2.6M	$3.5M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.690	−0.132%	$14.7M	$19.8M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.677	−0.189%	$52.9M	$62.2M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.710	−0.044%	—	$4.2M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.700	−0.088%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.700	−0.088%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.739	+0.084%	—	—	10x	as long as short
Ondo Perps KORU-USD.Plong	+0.0050%	1h	22.720	long leg	$17K	$39K	5x
KuCoin KORUUSDTM	+0.0100%	8h	22.720	0.000%	$427K	$1.0M	20x	as long as short
edgeX KORUUSDCshort	+0.0861%	4h	22.636	−0.369%	$453K	$308K	10x