Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h —

Price spread now: Lighter against Ondo Perps−0.004%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps 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 airdropOndo Perps: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	22.490	0.0050	pay 0.0006% / 1h	14m 15s	$11K	$54K	5x
Short	Lighter KORU	22.489	0.0032	get 0.0004% / 1h	14m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$3.86
Price spread: −0.004% → 0.000%: −$0.44
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$9.31
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Ondo Perps and 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	−0.0814%	4h	22.537	+0.208%	$452K	$314K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0566%	8h	22.500	+0.044%	$6.2M	$28.2M	10x	as long as short
RISEx KORU/USDC	−0.0513%	1h	22.508	+0.078%	$29K	$304K	5x	as long as short
tradeXYZ xyz:KORU	−0.0358%	1h	22.489	−0.004%	$3.1M	$9.2M	10x	as long as short
Extended KORU-USD	−0.0320%	1h	22.504	+0.060%	$8K	$190K	5x	as long as short
MEXC KORU_USDT	−0.0319%	8h	22.510	+0.089%	$15.2M	$21.4M	50x	as long as short
Binance KORUUSDT	−0.0318%	8h	22.510	+0.089%	$53.2M	$346.3M	25x	as long as short
KuCoin KORUUSDTM	−0.0302%	8h	22.510	+0.089%	$419K	$946K	20x	as long as short
Bybit KORUUSDT	−0.0249%	8h	22.500	+0.044%	$6.4M	$22.5M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0205%	8h	22.540	+0.222%	$2K	$101K	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	−0.0137%	8h	22.514	+0.107%	$86K	$292K	50x	as long as short
Bitget KORUUSDT	−0.0021%	8h	22.486	−0.018%	$52.6M	$58.5M	20x	as long as short
Gate KORU_USDT	0.0000%	8h	22.504	+0.062%	$2.7M	$3.7M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.520	+0.133%	—	$3.7M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.510	+0.089%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.510	+0.089%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.489	−0.004%	—	—	10x
Ondo Perps KORU-USD.Plong	+0.0050%	1h	22.490	long leg	$11K	$54K	5x