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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.073%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.123%+$12 · spread now −0.073%, 7d avg 0.000%
Together, before fees+0.123%+$12 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: Bybit is 0.074% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LUNC-USDT0.000054520.0196pay 0.0196% / 8h5h 44m$2.0M
ShortBybit 1000LUNCUSDT0.000054480.0194get 0.0194% / 8h5h 44m$2.0M$758K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
−$0.32
Price spread: −0.073% → 0.000%
−$7.37
Slippage, 4 orders
−$117.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$146.16
Costs to cover
1.385%
Break-even
never at this rate
Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago3.68 bp15.4 bp −$1541.7 bp −$417359.3 bp −$35.9K895.2 bp −$447.6K
Sell Bybit live order book, 2 min ago2.75 bp57.9 bp −$58162.1 bp −$1,621doesn'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+0.0001%8h0.00005442−0.183%$16.9M$1.3M200xas long as short
Hyperliquid kLUNC+0.0100%1h0.00005449−0.061%$286K$116K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005441−0.197%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005442−0.183%$4.1M$7.9M75xas long as short
Gate LUNC_USDT+0.0100%8h0.000054520.000%$390K$243K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005443−0.165%$1.2M$575K25xas long as short
Extended kLUNC-USD+0.0104%1h0.00005449−0.056%$2K10xas long as short
Bybit 1000LUNCUSDTshort+0.0194%8h0.00005448−0.073%$2.0M$758K25x
BingX LUNC-USDTlong+0.0196%8h0.00005452long leg$2.0M
BloFin 1000LUNC-USDT+0.0220%8h0.00005445−0.128%$387K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.0982%8h0.00005442−0.189%$1.7M$652K50xas long as short