Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Binance−0.082%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Lighter

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

Funding pays, the price is against you. Lighter is 0.082% cheaper against Binance than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8.5 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	Binance KORUUSDT	22.703	0	get 0.0000% / 8h	41m 08s	$56.9M	$340.3M	25x
Short	Lighter KORU	22.684	0.0032	get 0.0004% / 1h	41m 08s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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 BinancebpFee LighterbpOrdersPrice spread, now −0.082%Rate

Funding earned: $6.72
Price spread: −0.082% → 0.000%: −$8.16
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$11.44
Costs to cover: 0.100%
Break-even: 18.9 days

Slippage unknown: Binance: live order book, 2 min ago; Lighter: 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 Binance live order book, 2 min ago	2.20 bp	7.2 bp −$7	10.2 bp −$102	24.5 bp −$2,448	78.8 bp −$39.4K
Sell Lighter no order-book sample	—	—	—	—	—

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
edgeX KORUUSDC	−0.0619%	4h	22.729	+0.118%	$455K	$307K	10x	as long as short
tradeXYZ xyz:KORU	−0.0107%	1h	22.673	−0.130%	$3.2M	$7.5M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.705	+0.010%	$83K	$264K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.695	−0.032%	$19K	$179K	5x	as long as short
Binance KORUUSDTlong	0.0000%	8h	22.703	long leg	$56.9M	$340.3M	25x
Bybit KORUUSDT	0.0000%	8h	22.700	−0.011%	$6.1M	$22.7M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.700	−0.011%	$6.0M	$30.9M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.698	−0.020%	$29K	$313K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.693	−0.042%	$2.5M	$3.2M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.700	−0.011%	$14.1M	$20.3M	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	22.692	−0.046%	$52.5M	$73.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.680	−0.099%	—	$5.0M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.710	+0.033%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.710	+0.033%	$1.6M	$2.4M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.684	−0.082%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.710	+0.033%	$19K	$12K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.690	−0.055%	$482K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.732	+0.129%	$2K	$101K	10x	as long as short