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

LUNA2

all LUNA2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h 0.000%
Price spread now: Bybit against BloFin+0.019%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$780.780% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.261%−$26 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.019%, 7d avg −0.047%
Together, before fees−0.243%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.066% dearer against BloFin than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.047%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.261% in total) that is about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin LUNA2-USDT0.053540.0139pay 0.0070% / 4h1h 58m$275K$28K50x
ShortBybit LUNA2USDT0.053550.0100get 0.0100% / 8h1h 58m$1.1M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$8.23
Price spread: +0.019% → −0.047%
$6.62
Slippage, 4 orders
−$55.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$79.64
Costs to cover
0.780%
Break-even
never at this rate
Slippage from BloFin: live order book, 8 min ago; Bybit: live order book, 2 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 BloFin live order book, 8 min ago0.93 bp16.3 bp −$1638.0 bp −$380doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago4.66 bp25.9 bp −$26104.1 bp −$1,041doesn't fitdoesn't fit

LUNA2 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
Aster LUNA2USDT+0.0100%4h0.05359+0.092%$13K$55K5xas long as short
Bybit LUNA2USDTshort+0.0100%8h0.05355+0.019%$1.1M$1.5M50x
Variational Omni LUNA2+0.0100%8h0.05359+0.084%$17K$3Kas long as short
BloFin LUNA2-USDTlong+0.0139%4h0.05354long leg$275K$28K50x
Binance LUNA2USDT+0.0161%4h0.05363+0.177%$2.9M$13.8M50xas long as short
Kraken Futures PF_LUNA2USD+0.0912%1h0.05359+0.085%$13K$7K10xas long as short