Funding you earn now, next payment 04:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Binance−0.071%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.071%, 7d avg +0.127%
=Funding pays, the price is against you. Bitget is 0.198% cheaper against Binance than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.127%). If the spread goes back, that is −$20 on $10k: about 4.4 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.093% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LUMIAUSDT | 0.08408 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $4.8M | $1.8M | 10x |
| Short | Bitget LUMIAUSDT | 0.08402 | 0.0252 | get 0.0126% / 4h | 3h 14m | $2.7M | $297K | 10x |
Binance LUMIAUSDT
Bitget LUMIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.92
- Price spread: −0.071% → +0.127%
- −$19.84
- Slippage, 4 orders
- −$121.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$131.42
- Costs to cover
- 1.435%
- Break-even
- 35.8 days
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 3 min ago.
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 Binance live order book, 8 min ago | 0.60 bp | 40.5 bp −$41 | 723.1 bp −$7,231 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.35 bp | 43.2 bp −$43 | 456.4 bp −$4,564 | doesn't fit | doesn't fit |
LUMIA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LUMIAUSDT | +0.0100% | 4h | 0.08410 | +0.020% | $986K | $2K | 5x | as long as short |
| Binance LUMIAUSDTlong | +0.0100% | 4h | 0.08408 | long leg | $4.8M | $1.8M | 10x | |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08390 | −0.214% | $303K | $31K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08411 | +0.036% | $192K | $122K | 100x | as long as short |
| Bitget LUMIAUSDTshort | +0.0252% | 4h | 0.08402 | −0.071% | $2.7M | $297K | 10x | |
| Variational Omni LUMIA | +0.0403% | 4h | 0.08426 | +0.210% | $6K | $5K | — | as long as short |
| BingX LUMIA-USDT | +0.1280% | 4h | 0.08421 | +0.155% | — | $1.3M | — | as long as short |
| Bybit LUMIAUSDT | +0.1558% | 4h | 0.08435 | +0.321% | $736K | $271K | 25x | as long as short |
Aster LUMIAUSDT
Gate LUMIA_USDT
MEXC LUMIA_USDT
Variational Omni LUMIA
BingX LUMIA-USDT
Bybit LUMIAUSDT