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 Gate−0.026%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.8 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	Gate KORU_USDT	22.721	0	get 0.0000% / 8h	44m 46s	$2.5M	$3.2M	25x
Short	Lighter KORU	22.715	0.0032	get 0.0004% / 1h	44m 46s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.026%Rate

Funding earned: $6.72
Price spread: −0.026% → 0.000%: −$2.64
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.92
Costs to cover: 0.150%
Break-even: 18.4 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	5.06 bp	13.7 bp −$14	28.3 bp −$283	35.9 bp −$3,592	53.2 bp −$26.6K
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
tradeXYZ xyz:KORU	−0.0133%	1h	22.713	−0.035%	$3.2M	$7.5M	10x	as long as short
edgeX KORUUSDC	−0.0056%	4h	22.716	−0.021%	$455K	$306K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.726	+0.024%	$83K	$264K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.726	+0.022%	$19K	$179K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.728	+0.031%	$57.0M	$340.0M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.730	+0.040%	$6.1M	$22.7M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.720	−0.004%	$6.0M	$31.1M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.730	+0.040%	$29K	$313K	5x	as long as short
Gate KORU_USDTlong	0.0000%	8h	22.721	long leg	$2.5M	$3.2M	25x
MEXC KORU_USDT	0.0000%	8h	22.720	−0.004%	$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	22.718	−0.013%	$52.6M	$74.1M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.700	−0.092%	—	$5.0M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.760	+0.172%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.730	+0.040%	$1.6M	$2.4M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.715	−0.026%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.690	−0.136%	$19K	$12K	5x	as long as short
KuCoin KORUUSDTM	+0.0100%	8h	22.720	−0.004%	$483K	$1.1M	20x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.730	+0.040%	$2K	$102K	10x	as long as short