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

LUNA

all LUNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.043%
Price spread now: OKX against Gate−0.092%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.092%, 7d avg −0.044%
Together, before fees+0.145%+$14 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: OKX is 0.048% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LUNA_USDT0.054160.0100pay 0.0100% / 8h4h 26m$193K$186K10x
ShortOKX LUNA-USDT-SWAP0.054110.0100get 0.0050% / 4h26m 59s$1.2M$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.092% → −0.044%
−$4.81
Slippage, 4 orders
−$80.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$110.38
Costs to cover
1.056%
Break-even
never at this rate
Slippage from Gate: live order book, 28 min ago; OKX: live order book, just now.

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, 28 min ago10.18 bp34.1 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, just now0.92 bp24.0 bp −$2495.5 bp −$955doesn't fitdoesn't fit

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-SWAPshort+0.0100%4h0.05411−0.092%$1.2M$4.1M10x
Gate LUNA_USDTlong+0.0100%8h0.05416long leg$193K$186K10x
KuCoin LUNAUSDTM+0.0100%4h0.05409−0.129%$887K$462K50xas long as short
Bitget LUNAUSDT+0.0100%4h0.05411−0.092%$813K$591K20xas long as short
BingX LUNA-USDT+0.0100%4h0.05415−0.018%$2.4Mas long as short
SunX LUNA-USDT+0.0100%4h0.05494+1.440%$2K$3.7M20xas long as short