Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h —

Price spread now: MEXC against Lighter+0.023%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on MEXC

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

The price spread pays, funding is against you. MEXC is 0.023% dearer against Lighter than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	22.055	0.0032	pay 0.0004% / 1h	40m 21s	—	—	10x
Short	MEXC KORU_USD1	22.060	−0.0099	pay 0.0099% / 8h	1h 40m	$11.6M	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Lighter. 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 LighterbpFee MEXCbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$27.51
Price spread: +0.023% → 0.000%: $2.27
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$25.24
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 3 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 Lighter no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	15.85 bp	15.9 bp −$16	15.9 bp −$159	25.0 bp −$2,505	58.9 bp −$29.5K

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
Bitget KORUUSDT	−0.1526%	8h	22.075	+0.091%	$54.0M	$62.2M	20x	as long as short
edgeX KORUUSDC	−0.0370%	4h	22.097	+0.190%	$443K	$316K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0345%	8h	22.040	−0.068%	$6.0M	$30.3M	10x	as long as short
KuCoin KORUUSDTM	−0.0194%	8h	22.070	+0.068%	$407K	$906K	20x	as long as short
tradeXYZ xyz:KORU	−0.0183%	1h	22.020	−0.159%	$3.2M	$10.0M	10x	as long as short
MEXC KORU_USD1short	−0.0099%	8h	22.060	+0.023%	$11.6M	$82K	20x
Binance KORUUSDT	−0.0097%	8h	22.041	−0.065%	$50.3M	$372.9M	25x	as long as short
Extended KORU-USD	−0.0096%	1h	22.074	+0.087%	$7K	$180K	5x	as long as short
Aster KORUUSDT	−0.0029%	8h	22.036	−0.086%	$65K	$337K	50x	as long as short
Bybit KORUUSDT	−0.0021%	8h	22.040	−0.068%	$6.3M	$24.4M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx KORU/USDC	0.0000%	1h	22.078	+0.104%	$28K	$307K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.064	+0.041%	$2.2M	$4.0M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.050	−0.023%	—	$3.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.080	+0.113%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.070	+0.068%	$1.6M	$2.3M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	22.055	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.070	+0.068%	$11K	$68K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	22.090	+0.159%	$2K	$104K	10x	as long as short