Funding you earn now, next payment 04:00 UTC−0.0207%/8h= −22.7% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against BingX+0.155%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.155%, 7d avg +0.081%
=Together, before fees−0.043%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.075% dearer against BingX than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of +0.081%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (0.000% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment. 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 | BingX LUNC-USDT | 0.00005468 | 0.0307 | pay 0.0307% / 8h | 4h 32m | — | $2.0M | — |
| Short | Hyperliquid kLUNC | 0.00005477 | 0.0100 | get 0.0013% / 1h | 32m 58s | $285K | $115K | 3x |
BingX LUNC-USDT
Hyperliquid kLUNCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- −$43.47
- Price spread: +0.155% → +0.081%
- $7.46
- Slippage, 4 orders
- −$57.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$112.14
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Hyperliquid: live order book, 56 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 BingX live order book, 15 min ago | 2.76 bp | 14.3 bp −$14 | 38.7 bp −$387 | 349.6 bp −$35.0K | 804.0 bp −$402.0K |
| Sell Hyperliquid live order book, 56 min ago | 1.56 bp | 19.3 bp −$19 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.1019% | 8h | 0.00005466 | −0.037% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNCshort | +0.0100% | 1h | 0.00005477 | +0.155% | $285K | $115K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005463 | −0.086% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005470 | +0.037% | $4.1M | $7.8M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005472 | +0.073% | $393K | $237K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005463 | −0.091% | $1.2M | $576K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005468 | −0.006% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005455 | −0.238% | $385K | $37K | 75x | as long as short |
| BingX LUNC-USDTlong | +0.0307% | 8h | 0.00005468 | long leg | — | $2.0M | — | |
| Bybit 1000LUNCUSDT | +0.0320% | 8h | 0.00005466 | −0.037% | $1.9M | $770K | 25x | as long as short |
MEXC LUNC_USDT
Aster 1000LUNCUSDT
Binance 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 | +0.0643% | 8h | 0.00005466 | −0.044% | $1.7M | $661K | 50x | as long as short |
KuCoin LUNCUSDTM