Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h −0.015%

Price spread now: MEXC against Ondo Perps−0.349%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. MEXC is 0.349% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.349% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 4.4 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps KORU-USD.P	22.930	−0.0311	get 0.0039% / 1h	48m 19s	$13K	$50K	5x
Short	MEXC KORU_USDT	22.850	−0.0049	pay 0.0049% / 8h	5h 48m	$16.6M	$19.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.349%Rate

Funding earned: $55.06
Price spread: −0.349% → 0.000%: −$34.89
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: $15.17
Costs to cover: 0.050%
Break-even: 5.1 days

Slippage unknown: Ondo Perps: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago	2.18 bp	2.2 bp −$2	2.2 bp −$22	6.2 bp −$616	22.2 bp −$11.1K

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 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
RISEx KORU/USDC	−0.1847%	1h	22.855	−0.329%	$37K	$303K	5x	as long as short
tradeXYZ xyz:KORU	−0.1203%	1h	22.865	−0.283%	$3.1M	$8.1M	10x	as long as short
Bybit KORUUSDT	−0.1029%	8h	22.880	−0.218%	$6.5M	$21.7M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0982%	8h	22.930	−0.002%	$2K	$96K	10x	as long as short
edgeX KORUUSDC	−0.0588%	4h	22.893	−0.160%	$458K	$310K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0316%	8h	22.860	−0.305%	$6.1M	$28.6M	10x	as long as short
Ondo Perps KORU-USD.Plong	−0.0311%	1h	22.930	long leg	$13K	$50K	5x
HTX KORU-USDT	−0.0180%	8h	22.920	−0.044%	$8K	$17K	10x	as long as short
Gate KORU_USDT	−0.0148%	8h	22.865	−0.283%	$2.6M	$3.6M	25x	as long as short
KuCoin KORUUSDTM	−0.0100%	8h	22.890	−0.174%	$435K	$1.0M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KORUUSDT	−0.0058%	8h	22.880	−0.218%	$55.8M	$325.8M	25x	as long as short
Extended KORU-USD	−0.0056%	1h	22.874	−0.245%	$7K	$211K	5x	as long as short
MEXC KORU_USDTshort	−0.0049%	8h	22.850	−0.349%	$16.6M	$19.6M	50x
Aster KORUUSDT	0.0000%	8h	22.838	−0.403%	$90K	$288K	50x	as long as short
Bitget KORUUSDT	0.0000%	8h	22.843	−0.379%	$53.1M	$58.9M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.960	+0.131%	—	$4.0M	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.900	−0.131%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.879	−0.222%	—	—	10x	as long as short