Funding you earn now, next payment 16:00 UTC+0.0235%/8h= +25.7% APRnext payment +$2.35 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against Bitget+0.110%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.110%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LUNCUSDT | 0.00005465 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $1.1M | $435K | 25x |
| Short | BingX LUNC-USDT | 0.00005471 | 0.0335 | get 0.0335% / 8h | 6h 22m | — | $1.9M | — |
Bitget LUNCUSDT
BingX LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $49.35
- Price spread: +0.110% → +0.059%
- $5.06
- Slippage, 4 orders
- −$56.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$24.49
- Costs to cover
- 0.789%
- Break-even
- 10.5 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 4 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 Bitget live order book, 2 min ago | 2.74 bp | 19.1 bp −$19 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.66 bp | 14.8 bp −$15 | 43.7 bp −$437 | 355.7 bp −$35.6K | doesn't fit |
LUNC on 11 exchanges
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 | 0.00005475 | +0.183% | $285K | $91K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005468 | +0.046% | $47K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005470 | +0.091% | $4.3M | $7.5M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005470 | +0.091% | $1.9M | $793K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005472 | +0.128% | $390K | $187K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005470 | +0.091% | $17.4M | $1.4M | 200x | as long as short |
| KuCoin LUNCUSDTM | +0.0100% | 8h | 0.00005468 | +0.053% | $1.7M | $676K | 50x | as long as short |
| Bitget LUNCUSDTlong | +0.0100% | 8h | 0.00005465 | long leg | $1.1M | $435K | 25x | |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005468 | +0.061% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005467 | +0.037% | $404K | $34K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
KuCoin LUNCUSDTM
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LUNC-USDTshort | +0.0335% | 8h | 0.00005471 | +0.110% | — | $1.9M | — |