Funding you earn now, next payment 16:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.185%
Price spread now: KuCoin against BingX−0.090%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1041.045% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 7 days+0.190%+$19 · spread now −0.090%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.144% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.054%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUNC-USDT | 0.00005466 | 0.0125 | pay 0.0125% / 8h | 7h 18m | — | $1.9M | — |
| Short | KuCoin LUNCUSDTM | 0.00005461 | 0.0100 | get 0.0100% / 8h | 7h 18m | $1.8M | $671K | 50x |
BingX LUNC-USDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.25
- Price spread: −0.090% → +0.054%
- −$14.41
- Slippage, 4 orders
- −$82.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$124.15
- Costs to cover
- 1.045%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 8 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, 14 min ago | 2.76 bp | 15.3 bp −$15 | 43.6 bp −$436 | 364.7 bp −$36.5K | 865.4 bp −$432.7K |
| Sell KuCoin live order book, 8 min ago | 11.96 bp | 37.8 bp −$38 | 126.4 bp −$1,264 | 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 | 0.00005469 | +0.053% | $285K | $97K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005460 | −0.101% | $47K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005465 | −0.023% | $4.2M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005467 | +0.018% | $1.9M | $817K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005469 | +0.055% | $392K | $198K | 75x | as long as short |
| KuCoin LUNCUSDTMshort | +0.0100% | 8h | 0.00005461 | −0.090% | $1.8M | $671K | 50x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005460 | −0.110% | $1.1M | $478K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005460 | −0.119% | $2K | — | 10x | as long as short |
| BingX LUNC-USDTlong | +0.0125% | 8h | 0.00005466 | long leg | — | $1.9M | — | |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005460 | −0.110% | $397K | $36K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | +0.0356% | 8h | 0.00005461 | −0.091% | $17.3M | $1.4M | 200x | as long as short |
MEXC LUNC_USDT