Funding you earn now, next payment 08:00 UTC+0.0567%/8h= +62.1% APRnext payment +$2.84 per $10,000 · paid last 24h +0.050%
Price spread now: Bybit against Binance+0.166%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2932.934% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.166%, 7d avg +0.183%
=The price spread sits at its 7-day average of +0.183%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LUMIAUSDT | 0.08425 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $4.8M | $1.9M | 10x |
| Short | Bybit LUMIAUSDT | 0.08439 | 0.0667 | get 0.0334% / 4h | 3h 59m | $726K | $287K | 25x |
Binance LUMIAUSDT
Bybit LUMIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $119.12
- Price spread: +0.166% → +0.183%
- −$1.72
- Slippage, 4 orders
- −$272.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$175.97
- Costs to cover
- 2.934%
- Break-even
- 17.3 days
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 35 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, 7 min ago | 2.97 bp | 34.3 bp −$34 | 1048.6 bp −$10.5K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 35 min ago | 5.95 bp | 108.3 bp −$108 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LUMIAUSDTlong | +0.0100% | 4h | 0.08425 | long leg | $4.8M | $1.9M | 10x | |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08430 | +0.059% | $304K | $39K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08423 | −0.024% | $184K | $126K | 100x | as long as short |
| Aster LUMIAUSDT | +0.0359% | 4h | 0.08424 | −0.016% | $987K | $2K | 5x | as long as short |
| Variational Omni LUMIA | +0.0517% | 4h | 0.08451 | +0.313% | $6K | $5K | — | as long as short |
| Bybit LUMIAUSDTshort | +0.0667% | 4h | 0.08439 | +0.166% | $726K | $287K | 25x | |
| BingX LUMIA-USDT | +0.0730% | 4h | 0.08430 | +0.059% | — | $1.3M | — | as long as short |
| Bitget LUMIAUSDT | +0.0780% | 4h | 0.08445 | +0.237% | $2.7M | $338K | 10x | as long as short |
Gate LUMIA_USDT
MEXC LUMIA_USDT
Aster LUMIAUSDT
Variational Omni LUMIA
BingX LUMIA-USDT
Bitget LUMIAUSDT