Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against SunX−0.041%7-day average — · you buy dearer than you sell

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

Long on SunX 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

Funding pays, the price is against you. Lighter is 0.041% cheaper against SunX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KORU-USDT	21.970	0	get 0.0000% / 8h	1h 17m	—	$3.5M	10x
Short	Lighter KORU	21.961	0.0032	get 0.0004% / 1h	17m 17s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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 SunXbpFee LighterbpOrdersPrice spread, now −0.041%Rate

Funding earned: $6.72
Price spread: −0.041% → 0.000%: −$4.1
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$5.38
Costs to cover: 0.080%
Break-even: 12.6 days

Slippage unknown: SunX: live order book, 11 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 SunX live order book, 11 min ago	901.25 bp	doesn't fit	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
Bitget KORUUSDT	−0.1790%	8h	21.983	+0.059%	$54.0M	$61.7M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0277%	8h	21.960	−0.046%	$6.0M	$29.9M	10x	as long as short
tradeXYZ xyz:KORU	−0.0170%	1h	21.956	−0.064%	$3.3M	$10.0M	10x	as long as short
KuCoin KORUUSDTM	−0.0146%	8h	21.980	+0.046%	$405K	$903K	20x	as long as short
MEXC KORU_USD1	−0.0052%	8h	21.990	+0.091%	$11.6M	$84K	20x	as long as short
Binance KORUUSDT	−0.0049%	8h	21.986	+0.075%	$49.3M	$376.6M	25x	as long as short
Extended KORU-USD	−0.0048%	1h	21.986	+0.072%	$5K	$176K	5x	as long as short
Bybit KORUUSDT	−0.0002%	8h	21.970	0.000%	$6.3M	$24.6M	50x	as long as short
Aster KORUUSDT	0.0000%	8h	21.986	+0.075%	$65K	$322K	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	21.979	+0.040%	$30K	$307K	5x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KORU_USDT	0.0000%	8h	21.987	+0.077%	$2.2M	$4.0M	25x	as long as short
SunX KORU-USDTlong	0.0000%	8h	21.970	long leg	—	$3.5M	10x
HTX KORU-USDT	0.0000%	8h	21.980	+0.046%	$8K	$20K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	21.990	+0.091%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	21.961	−0.041%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	21.950	−0.091%	$11K	$70K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.980	+0.046%	$1K	$103K	10x	as long as short
edgeX KORUUSDC	+0.0685%	4h	21.966	−0.016%	$440K	$315K	10x	as long as short