Settings8H · net · $10k
LanguageThe language of the site
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

LUNA

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
KuCoinLUNAUSDTM
0.04684+0.0100pay 0.0050% / 4h3h 58m$1.1M$117K50xLong KuCoin
SHORT
BinanceLUNA2USDT
0.04691+0.0100get 0.0050% / 4h3h 58m$1.9M$1.4M50xShort Binance
Price gap+0.145%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$7 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$20.0000% /8h now · paid −0.015% over the last 7D
Price+$7spread +0.145% now, avg +0.076% → +0.069% if it goes back
Costs−$1291.286% of $10k · taker + slippage, in and out
Result−$123−1.23%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LUNA on 14 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size62.9 / 16.6 bp
    At $10k entering KuCoin costs 62.9 bp, fee and slippage, 3.8× Binance’s.
  • Note: Margin at max leverage$200 + $200
    KuCoin 50x, Binance 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 6 payments, −$3.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.145% vs +0.076%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Long leg is thinner$1.1M vs $1.9M OI
    Both legs are deep; KuCoin is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · Binance Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0007%/8h × 21 periods−$1.55
Price spread+0.145% → +0.076% (7d avg)+$6.95
Slippage, 4 orderslive order books−$106.64
Fee KuCoin bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$123.24
Costs to cover1.286%Break-evennever at this rate
Slippage: KuCoin: live order book, 6 min ago; Binance: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin5.3462.9 bp−$63186.7 bp−$1,867doesn’t fitdoesn’t fit
SELL · SHORTBinance1.0716.6 bp−$1761.0 bp−$610doesn’t fitdoesn’t fit

Closing costs about the same again.

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