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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Binance+0.044%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.044%, 7d avg +0.112%
Together, before fees+0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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: Hyperliquid is 0.069% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000LUNCUSDT0.000055340.0100pay 0.0100% / 8h1h 56m$4.2M$8.4M75x
ShortHyperliquid kLUNC0.000055360.0100get 0.0013% / 1h56m 51s$287K$125K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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: +0.044% → +0.112%
−$6.88
Slippage, 4 orders
−$64.29
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$90.17
Costs to cover
0.833%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Hyperliquid: live order book, 13 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 Binance live order book, 12 min ago0.90 bp15.3 bp −$1553.5 bp −$535doesn't fitdoesn't fit
Sell Hyperliquid live order book, 13 min ago2.26 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit

LUNC on 11 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
MEXC LUNC_USDT−0.1551%8h0.00005528−0.101%$17.0M$1.5M200xas long as short
Hyperliquid kLUNCshort+0.0100%1h0.00005536+0.044%$287K$125K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005527−0.125%$48K$15K10xas long as short
Binance 1000LUNCUSDTlong+0.0100%8h0.00005534long leg$4.2M$8.4M75x
Bybit 1000LUNCUSDT+0.0100%8h0.00005531−0.047%$2.0M$747K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005531−0.047%$395K$277K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005521−0.227%$1.1M$623K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005534+0.007%$2.1Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005531−0.041%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005526−0.137%$390K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1383%8h0.00005529−0.074%$1.8M$817K50xas long as short