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

LUNA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: BingX against Gate−0.055%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$950.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.055%, 7d avg −0.029%
Together, before fees+0.206%+$21 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: BingX is 0.026% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LUNA_USDT0.054440.0100pay 0.0100% / 8h5h 17m$193K$190K10x
ShortBingX LUNA-USDT0.054410.0100get 0.0050% / 4h1h 17m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: −0.055% → −0.029%
−$2.57
Slippage, 4 orders
−$69.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.12
Costs to cover
0.945%
Break-even
never at this rate
Slippage from Gate: live order book, 43 min ago; BingX: live order book, 7 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 Gate live order book, 43 min ago9.23 bp27.0 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago3.66 bp16.9 bp −$1747.2 bp −$472345.9 bp −$34.6K501.2 bp −$250.6K

LUNA on 6 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
OKX LUNA-USDT-SWAP+0.0100%4h0.05439−0.092%$1.2M$4.3M10xas long as short
Gate LUNA_USDTlong+0.0100%8h0.05444long leg$193K$190K10x
KuCoin LUNAUSDTM+0.0100%4h0.05433−0.202%$888K$511K50xas long as short
Bitget LUNAUSDT+0.0100%4h0.054440.000%$819K$613K20xas long as short
BingX LUNA-USDTshort+0.0100%4h0.05441−0.055%$2.4M
SunX LUNA-USDT+0.0100%4h0.05512+1.249%$2K$3.9M20xas long as short