Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$2.38 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.146%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$670.669% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days−0.136%−$14 · spread now +0.146%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.122% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000LUNCUSDT | 0.00005447 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $4.1M | $7.9M | 75x |
| Short | BingX LUNC-USDT | 0.00005455 | 0.0338 | get 0.0338% / 8h | 4h 52m | — | $2.0M | — |
Binance 1000LUNCUSDT
BingX LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $49.98
- Price spread: +0.146% → +0.023%
- $12.24
- Slippage, 4 orders
- −$46.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$4.69
- Costs to cover
- 0.669%
- Break-even
- 7.7 days
Slippage from Binance: live order book, 16 min ago; BingX: live order book, 10 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 Binance live order book, 16 min ago | 0.92 bp | 14.9 bp −$15 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.67 bp | 18.9 bp −$19 | 51.7 bp −$517 | 323.1 bp −$32.3K | 808.6 bp −$404.3K |
LUNC on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0710% | 8h | 0.00005444 | −0.056% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005455 | +0.153% | $286K | $113K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005450 | +0.053% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005447 | long leg | $4.1M | $7.9M | 75x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005458 | +0.201% | $392K | $236K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005440 | −0.130% | $1.2M | $577K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005447 | +0.006% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005450 | +0.054% | $385K | $37K | 75x | as long as short |
| BingX LUNC-USDTshort | +0.0338% | 8h | 0.00005455 | +0.146% | — | $2.0M | — | |
| Bybit 1000LUNCUSDT | +0.0350% | 8h | 0.00005451 | +0.072% | $1.9M | $774K | 25x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0715% | 8h | 0.00005449 | +0.041% | $1.7M | $661K | 50x | as long as short |
KuCoin LUNCUSDTM