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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.018%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.018%, 7d avg +0.062%
Together, before fees−0.010%−$1 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: Gate is 0.044% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LUNC-USDT0.000054700.0100pay 0.0100% / 8h6h 10m$2.0M
ShortGate LUNC_USDT0.000054710.0100get 0.0100% / 8h6h 10m$388K$240K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: +0.018% → +0.062%
−$4.38
Slippage, 4 orders
−$68.44
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$97.82
Costs to cover
0.934%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 55 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, 8 min ago2.74 bp14.8 bp −$1540.0 bp −$400368.8 bp −$36.9K849.1 bp −$424.5K
Sell Gate live order book, 55 min ago2.70 bp33.2 bp −$33238.1 bp −$2,381doesn't fitdoesn't fit

LUNC on 10 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−0.0504%8h0.00005451−0.347%$16.9M$1.4M200xas long as short
Hyperliquid kLUNC+0.0100%1h0.00005466−0.066%$286K$107K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005461−0.167%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005459−0.202%$4.1M$7.8M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005465−0.091%$2.0M$744K25xas long as short
Gate LUNC_USDTshort+0.0100%8h0.00005471+0.018%$388K$240K75x
Bitget LUNCUSDT+0.0100%8h0.00005452−0.329%$1.1M$576K25xas long as short
BingX LUNC-USDTlong+0.0100%8h0.00005470long leg$2.0M
Extended kLUNC-USD+0.0104%1h0.00005457−0.241%$2K10xas long as short
KuCoin LUNCUSDTM+0.1112%8h0.00005458−0.225%$1.7M$650K50xas long as short