Funding you earn now, next payment 08:00 UTC−0.0497%/8h= −54.4% APRnext payment −$2.48 per $10,000 · paid last 24h −0.050%
Price spread now: Binance against Bybit−0.203%7-day average −0.183% · you buy dearer than you sell
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2912.912% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.203%, 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: −$15 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 −$2.48 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 | Bybit LUMIAUSDT | 0.08432 | 0.0597 | pay 0.0298% / 4h | 1h 34m | $725K | $307K | 25x |
| Short | Binance LUMIAUSDT | 0.08415 | 0.0100 | get 0.0050% / 4h | 1h 34m | $4.8M | $2.0M | 10x |
Bybit LUMIAUSDT
Binance LUMIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$104.31
- Price spread: −0.203% → −0.183%
- −$1.98
- Slippage, 4 orders
- −$270.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$397.53
- Costs to cover
- 2.912%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 2 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 Bybit live order book, 5 min ago | 5.93 bp | 112.6 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.78 bp | 41.1 bp −$41 | 425.8 bp −$4,258 | 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 LUMIAUSDTshort | +0.0100% | 4h | 0.08415 | −0.203% | $4.8M | $2.0M | 10x | |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08420 | −0.142% | $306K | $39K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08417 | −0.178% | $184K | $125K | 100x | as long as short |
| Aster LUMIAUSDT | +0.0144% | 4h | 0.08421 | −0.129% | $987K | $2K | 5x | as long as short |
| Variational Omni LUMIA | +0.0430% | 4h | 0.08439 | +0.083% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0444% | 4h | 0.08438 | +0.071% | $2.7M | $341K | 10x | as long as short |
| Bybit LUMIAUSDTlong | +0.0597% | 4h | 0.08432 | long leg | $725K | $307K | 25x | |
| BingX LUMIA-USDT | +0.0664% | 4h | 0.08421 | −0.130% | — | $1.3M | — | as long as short |
Gate LUMIA_USDT
MEXC LUMIA_USDT
Aster LUMIAUSDT
Variational Omni LUMIA
Bitget LUMIAUSDT
BingX LUMIA-USDT