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 +0.029%
Price spread now: Gate against KuCoin−0.037%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.037%, 7d avg +0.003%
Together, before fees−0.454%−$45 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: Gate is 0.040% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LUNAUSDTM0.054180.0100pay 0.0050% / 4h25m 39s$884K$462K50x
ShortGate LUNA_USDT0.054160.0100get 0.0100% / 8h4h 25m$193K$186K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: −0.037% → +0.003%
−$3.97
Slippage, 4 orders
−$90.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$121.45
Costs to cover
1.175%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; Gate: live order book, 29 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 KuCoin live order book, 14 min ago6.50 bp35.5 bp −$35189.4 bp −$1,894doesn't fitdoesn't fit
Sell Gate live order book, 29 min ago10.18 bp26.5 bp −$27213.6 bp −$2,136doesn'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-SWAP+0.0100%4h0.05421+0.055%$1.2M$4.1M10xas long as short
Gate LUNA_USDTshort+0.0100%8h0.05416−0.037%$193K$186K10x
KuCoin LUNAUSDTMlong+0.0100%4h0.05418long leg$884K$462K50x
Bitget LUNAUSDT+0.0100%4h0.05412−0.111%$814K$589K20xas long as short
BingX LUNA-USDT+0.0100%4h0.05419+0.018%$2.4Mas long as short
SunX LUNA-USDT+0.0100%4h0.05491+1.347%$2K$3.7M20xas long as short