Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against SunX+0.045%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Ondo Perps

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 +$2 a day on $10k at the current rate, and Ondo Perps is 0.045% dearer against SunX than usual: you sell high and buy low: +$4 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	SunX KORU-USDT	22.440	0	get 0.0000% / 8h	2h 47m	—	$3.6M	10x
Short	Ondo Perps KORU-USD.P	22.450	0.0050	get 0.0006% / 1h	47m 14s	$11K	$54K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.045%Rate

Funding earned: $10.58
Price spread: +0.045% → 0.000%: $4.46
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $2.04
Costs to cover: 0.130%
Break-even: 5.7 days

Slippage unknown: SunX: live order book, 11 min ago; Ondo Perps: 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	903.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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
Bitget KORUUSDT	−0.0555%	8h	22.433	−0.031%	$52.7M	$58.9M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0540%	8h	22.440	0.000%	$6.1M	$28.8M	10x	as long as short
RISEx KORU/USDC	−0.0493%	1h	22.424	−0.070%	$31K	$307K	5x	as long as short
tradeXYZ xyz:KORU	−0.0374%	1h	22.402	−0.169%	$3.2M	$9.2M	10x	as long as short
MEXC KORU_USDT	−0.0316%	8h	22.430	−0.045%	$14.1M	$21.0M	50x	as long as short
Binance KORUUSDT	−0.0315%	8h	22.426	−0.065%	$51.5M	$352.1M	25x	as long as short
Extended KORU-USD	−0.0312%	1h	22.408	−0.144%	$9K	$179K	5x	as long as short
KuCoin KORUUSDTM	−0.0300%	8h	22.430	−0.045%	$417K	$932K	20x	as long as short
Bybit KORUUSDT	−0.0213%	8h	22.430	−0.045%	$6.5M	$23.3M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0135%	8h	22.524	+0.375%	$2K	$102K	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	−0.0120%	8h	22.411	−0.128%	$84K	$296K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	22.419	−0.094%	$2.7M	$3.8M	25x	as long as short
SunX KORU-USDTlong	0.0000%	8h	22.440	long leg	—	$3.6M	10x
HTX KORU-USDT	0.0000%	8h	22.450	+0.045%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.410	−0.134%	$1.6M	$2.3M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.410	−0.134%	—	—	10x	as long as short
Ondo Perps KORU-USD.Pshort	+0.0050%	1h	22.450	+0.045%	$11K	$54K	5x
edgeX KORUUSDC	+0.0786%	4h	22.503	+0.280%	$451K	$314K	10x	as long as short