Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.013%

Price spread now: KuCoin against Ondo Perps+1.036%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 1.036% dearer against Ondo Perps than usual: you sell high and buy low: +$104 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	Ondo Perps KORU-USD.P	22.200	0.0050	pay 0.0006% / 1h	59m 22s	$13K	$73K	5x
Short	KuCoin KORUUSDTM	22.430	0.0100	get 0.0100% / 8h	5h 59m	$404K	$854K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +1.036%Rate

Funding earned: $10.42
Price spread: +1.036% → 0.000%: $103.6
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $97.02
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 47 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 KuCoin live order book, 47 min ago	4.56 bp	53.8 bp −$54	doesn't fit	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 exchanges

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	−0.1812%	8h	22.425	+1.014%	$52.6M	$77.3M	20x	as long as short
tradeXYZ xyz:KORU	−0.0144%	1h	22.425	+1.014%	$3.4M	$10.6M	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.435	+1.060%	$59K	$326K	50x	as long as short
Extended KORU-USD	0.0000%	1h	22.433	+1.048%	$7K	$172K	5x	as long as short
Binance KORUUSDT	0.0000%	8h	22.436	+1.061%	$47.4M	$409.6M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.440	+1.081%	$6.1M	$26.8M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.430	+1.036%	$6.2M	$36.0M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.450	+1.127%	$29K	$310K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.432	+1.045%	$2.5M	$4.2M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.430	+1.036%	$16.1M	$24.4M	50x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KORU-USDT	0.0000%	8h	22.460	+1.171%	—	$2.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.480	+1.261%	$8K	$21K	20x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.400	+0.901%	$1.6M	$2.1M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.422	+1.000%	—	—	10x	as long as short
Ondo Perps KORU-USD.Plong	+0.0050%	1h	22.200	long leg	$13K	$73K	5x
KuCoin KORUUSDTMshort	+0.0100%	8h	22.430	+1.036%	$404K	$854K	20x
GRVT KORU_USDT_Perp	+0.0100%	8h	22.279	+0.357%	$2K	$96K	10x	as long as short
edgeX KORUUSDC	+0.0864%	4h	22.329	+0.583%	$447K	$318K	10x	as long as short