Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0214%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h —

Price spread now: Lighter against tradeXYZ0.000%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ 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 airdroptradeXYZ: 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: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:KORU	22.030	−0.0182	get 0.0023% / 1h	24m 10s	$3.3M	$10.0M	10x
Short	Lighter KORU	22.030	0.0032	get 0.0004% / 1h	24m 10s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $44.9
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: $26.9
Costs to cover: 0.180%
Break-even: 2.8 days

Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago	0.45 bp	10.7 bp −$11	17.1 bp −$171	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	−0.1748%	8h	22.056	+0.118%	$54.1M	$62.1M	20x	as long as short
OKX KORU-USDT-SWAP	−0.0300%	8h	22.050	+0.091%	$6.0M	$30.2M	10x	as long as short
tradeXYZ xyz:KORUlong	−0.0182%	1h	22.030	long leg	$3.3M	$10.0M	10x
KuCoin KORUUSDTM	−0.0165%	8h	22.030	0.000%	$405K	$904K	20x	as long as short
MEXC KORU_USD1	−0.0075%	8h	22.040	+0.045%	$11.6M	$83K	20x	as long as short
Binance KORUUSDT	−0.0073%	8h	22.037	+0.034%	$49.3M	$376.8M	25x	as long as short
Extended KORU-USD	−0.0072%	1h	22.015	−0.067%	$7K	$177K	5x	as long as short
Bybit KORUUSDT	−0.0019%	8h	22.040	+0.045%	$6.3M	$24.6M	50x	as long as short
Aster KORUUSDT	−0.0009%	8h	22.020	−0.044%	$65K	$323K	50x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.002	−0.128%	$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	22.016	−0.064%	$2.2M	$4.0M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	22.020	−0.045%	—	$3.5M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	21.990	−0.182%	$8K	$19K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.040	+0.045%	$1.6M	$2.3M	10x	as long as short
Lighter KORUshort	+0.0032%	1h	22.030	0.000%	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	22.010	−0.091%	$11K	$70K	5x	as long as short
GRVT KORU_USDT_Perp	+0.0100%	8h	21.990	−0.182%	$2K	$103K	10x	as long as short
edgeX KORUUSDC	+0.0645%	4h	21.998	−0.147%	$441K	$313K	10x	as long as short