Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.029%
Price spread now: Bitget against Gate−0.075%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1021.023% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.075%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.067% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNA_USDT | 0.05355 | 0.0100 | pay 0.0100% / 8h | 2h 44m | $187K | $179K | 10x |
| Short | Bitget LUNAUSDT | 0.05351 | 0.0100 | get 0.0050% / 4h | 2h 44m | $796K | $544K | 20x |
Gate LUNA_USDT
Bitget LUNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: −0.075% → −0.008%
- −$6.7
- Slippage, 4 orders
- −$75.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.01
- Costs to cover
- 1.023%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 52 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 Gate live order book, 1 min ago | 7.47 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 9.17 bp | 24.0 bp −$24 | 47.3 bp −$473 | doesn't fit | doesn't fit |
LUNA on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LUNA-USDT-SWAP | +0.0100% | 4h | 0.05350 | −0.093% | $1.2M | $3.9M | 10x | as long as short |
| Gate LUNA_USDTlong | +0.0100% | 8h | 0.05355 | long leg | $187K | $179K | 10x | |
| KuCoin LUNAUSDTM | +0.0100% | 4h | 0.05353 | −0.037% | $889K | $448K | 50x | as long as short |
| Bitget LUNAUSDTshort | +0.0100% | 4h | 0.05351 | −0.075% | $796K | $544K | 20x | |
| BingX LUNA-USDT | +0.0100% | 4h | 0.05354 | −0.019% | — | $2.4M | — | as long as short |
| SunX LUNA-USDT | +0.0100% | 4h | 0.05423 | +1.270% | $1K | $3.3M | 20x | as long as short |
OKX LUNA-USDT-SWAP
KuCoin LUNAUSDTM
BingX LUNA-USDT
SunX LUNA-USDT