Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h —

Price spread now: Lighter against KuCoin+0.152%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.152% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.430	−0.0303	get 0.0303% / 8h	3h 03m	$418K	$938K	20x
Short	Lighter KORU	22.464	0.0032	get 0.0004% / 1h	3m 27s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now +0.152%Rate

Funding earned: $70.35
Price spread: +0.152% → 0.000%: $15.16
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $73.51
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 46 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 KuCoin live order book, 46 min ago	2.20 bp	46.7 bp −$47	doesn't fit	doesn't fit	doesn't fit
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
OKX KORU-USDT-SWAP	−0.0557%	8h	22.420	−0.045%	$6.2M	$28.4M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.427	−0.011%	$29K	$305K	5x	as long as short
Bitget KORUUSDT	−0.0422%	8h	22.410	−0.089%	$52.6M	$58.8M	20x	as long as short
tradeXYZ xyz:KORU	−0.0333%	1h	22.421	−0.040%	$3.2M	$9.3M	10x	as long as short
Binance KORUUSDT	−0.0321%	8h	22.440	+0.045%	$51.8M	$350.9M	25x	as long as short
Extended KORU-USD	−0.0320%	1h	22.429	−0.006%	$8K	$170K	5x	as long as short
MEXC KORU_USDT	−0.0320%	8h	22.440	+0.045%	$15.8M	$21.5M	50x	as long as short
KuCoin KORUUSDTMlong	−0.0303%	8h	22.430	long leg	$418K	$938K	20x
Bybit KORUUSDT	−0.0230%	8h	22.420	−0.045%	$6.3M	$23.0M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0176%	8h	22.385	−0.202%	$2K	$100K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0134%	8h	22.452	+0.100%	$85K	$295K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.437	+0.031%	$2.7M	$3.8M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.480	+0.223%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.480	+0.223%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.440	+0.045%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.464	+0.152%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.390	−0.178%	$11K	$54K	5x	as long as short
edgeX KORUUSDC	+0.0102%	4h	22.390	−0.179%	$449K	$314K	10x	as long as short