Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance−0.035%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.035%, 7d avg −0.006%
=Funding pays, the price is against you. BloFin is 0.030% cheaper against Binance than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.006%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000LUNCUSDT | 0.00005440 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $4.1M | $7.9M | 75x |
| Short | BloFin 1000LUNC-USDT | 0.00005438 | 0.0220 | get 0.0220% / 8h | 3h 11m | $384K | $37K | 75x |
Binance 1000LUNCUSDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.035% → −0.006%
- −$2.95
- Slippage, 4 orders
- −$43.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.6
- Costs to cover
- 0.659%
- Break-even
- 19.1 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 19 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, 13 min ago | 0.92 bp | 14.9 bp −$15 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 2.75 bp | 17.0 bp −$17 | 44.5 bp −$445 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005448 | +0.143% | $283K | $111K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005440 | −0.005% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005440 | long leg | $4.1M | $7.9M | 75x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005448 | +0.148% | $390K | $237K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005437 | −0.054% | $17.2M | $1.3M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005436 | −0.072% | $1.2M | $518K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005439 | −0.010% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005438 | −0.035% | $384K | $37K | 75x | |
| BingX LUNC-USDT | +0.0224% | 8h | 0.00005446 | +0.112% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0228% | 8h | 0.00005444 | +0.075% | $1.9M | $784K | 25x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0392% | 8h | 0.00005442 | +0.042% | $1.7M | $668K | 50x | as long as short |
KuCoin LUNCUSDTM