Funding you earn now, next payment 12:00 UTC−0.0894%/8h= −97.9% APRnext payment −$4.47 per $10,000 · paid last 24h −0.076%
Price spread now: Gate against BingX+0.024%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$4084.082% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.024%, 7d avg −0.036%
=The price spread pays, funding is against you. Gate is 0.060% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.036%): +$6 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.012% in total) that is about 36 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.47 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUMIA-USDT | 0.08440 | 0.0994 | pay 0.0497% / 4h | 1h 58m | — | $1.3M | — |
| Short | Gate LUMIA_USDT | 0.08442 | 0.0100 | get 0.0050% / 4h | 1h 58m | $305K | $38K | 20x |
BingX LUMIA-USDT
Gate LUMIA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$187.74
- Price spread: +0.024% → −0.036%
- $6.02
- Slippage, 4 orders
- −$383.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$589.95
- Costs to cover
- 4.082%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 49 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 BingX live order book, 10 min ago | 3.55 bp | 26.1 bp −$26 | 418.0 bp −$4,180 | 643.5 bp −$64.3K | 842.1 bp −$421.0K |
| Sell Gate live order book, 49 min ago | 8.32 bp | 167.1 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
LUMIA on 8 exchanges
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 | 0.08447 | +0.084% | $990K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08435 | −0.058% | $4.8M | $1.8M | 10x | as long as short |
| Gate LUMIA_USDTshort | +0.0100% | 4h | 0.08442 | +0.024% | $305K | $38K | 20x | |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08429 | −0.130% | $184K | $121K | 100x | as long as short |
| Variational Omni LUMIA | +0.0766% | 4h | 0.08435 | −0.065% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0896% | 4h | 0.08443 | +0.036% | $2.7M | $310K | 10x | as long as short |
| Bybit LUMIAUSDT | +0.0992% | 4h | 0.08442 | +0.024% | $722K | $292K | 25x | as long as short |
| BingX LUMIA-USDTlong | +0.0994% | 4h | 0.08440 | long leg | — | $1.3M | — |
Aster LUMIAUSDT
Binance LUMIAUSDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT