Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against Bitget−0.072%65s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.072%, 7d avg +0.034%
=Funding pays, the price is against you. BloFin is 0.106% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.034%). If the spread goes back, that is −$11 on $10k: about 3.0 days of funding at the current rate (+$4 a day). The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LUNCUSDT | 0.00005542 | 0.0100 | pay 0.0100% / 8h | 30m 06s | $1.1M | $589K | 25x |
| Short | BloFin 1000LUNC-USDT | 0.00005538 | 0.0220 | get 0.0220% / 8h | 30m 06s | $391K | $37K | 75x |
Bitget LUNCUSDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.072% → +0.034%
- −$10.63
- Slippage, 4 orders
- −$51.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.29
- Costs to cover
- 0.759%
- Break-even
- 24.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 45 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, 1 min ago | 2.70 bp | 23.8 bp −$24 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 1.81 bp | 17.5 bp −$17 | 43.8 bp −$438 | 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 | −0.0730% | 8h | 0.00005542 | 0.000% | $17.0M | $1.4M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005554 | +0.208% | $288K | $124K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005544 | +0.031% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005546 | +0.064% | $4.2M | $8.2M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005548 | +0.108% | $2.0M | $746K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005548 | +0.108% | $393K | $258K | 75x | as long as short |
| Bitget LUNCUSDTlong | +0.0100% | 8h | 0.00005542 | long leg | $1.1M | $589K | 25x | |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005546 | +0.072% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005543 | +0.019% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005538 | −0.072% | $391K | $37K | 75x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1615% | 8h | 0.00005554 | +0.209% | $1.8M | $814K | 50x | as long as short |
KuCoin LUNCUSDTM