Settings8H · net · $10k
Funding arb · Price arb /

LUMIA

all LUMIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.047%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.230%−$23 · spread now −0.047%, 7d avg 0.000%
Together, before fees−0.230%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.047% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LUMIA_USDT0.084260.0100pay 0.0050% / 4h3h 44m$184K$122K100x
ShortBinance LUMIAUSDT0.084220.0100get 0.0050% / 4h3h 44m$4.8M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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

Funding earned
$0
Price spread: −0.047% → 0.000%
−$4.72
Slippage, 4 orders
−$102.64
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$121.36
Costs to cover
1.166%
Break-even
never at this rate
Slippage from MEXC: live order book, 26 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 26 min ago5.34 bp20.1 bp −$2069.1 bp −$691183.9 bp −$18.4K501.1 bp −$250.6K
Sell Binance live order book, 8 min ago2.38 bp33.7 bp −$34383.9 bp −$3,839doesn't fitdoesn't fit

LUMIA on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LUMIAUSDTshort+0.0100%4h0.08422−0.047%$4.8M$1.9M10x
Gate LUMIA_USDT+0.0100%4h0.08431+0.059%$304K$38K20xas long as short
MEXC LUMIA_USDTlong+0.0100%4h0.08426long leg$184K$122K100x
Aster LUMIAUSDT+0.0433%4h0.08442+0.190%$990K$2K5xas long as short
Variational Omni LUMIA+0.0648%4h0.08452+0.304%$6K$5Kas long as short
Bitget LUMIAUSDT+0.0866%4h0.08439+0.154%$2.7M$337K10xas long as short
BingX LUMIA-USDT+0.1568%4h0.08437+0.131%$1.3Mas long as short
Bybit LUMIAUSDT+0.1584%4h0.08453+0.320%$727K$285K25xas long as short