Funding you earn now, next payment 08:00 UTC+0.1353%/8h= +148.2% APRnext payment +$13.53 per $10,000 · paid last 24h +0.191%
Price spread now: KuCoin against Bitget+0.094%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.094%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.53 per $10,000. 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 | Bitget LUNCUSDT | 0.00005523 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $1.2M | $567K | 25x |
| Short | KuCoin LUNCUSDTM | 0.00005528 | 0.1453 | get 0.1453% / 8h | 7h 39m | $1.8M | $623K | 50x |
Bitget LUNCUSDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $284.13
- Price spread: +0.094% → +0.071%
- $2.36
- Slippage, 4 orders
- −$88.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $174.32
- Costs to cover
- 1.122%
- Break-even
- 2.7 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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 | 2.72 bp | 15.6 bp −$16 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 12.67 bp | 35.9 bp −$36 | 117.0 bp −$1,170 | 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 | −0.0643% | 8h | 0.00005521 | −0.036% | $16.9M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005531 | +0.138% | $288K | $118K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005521 | −0.036% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005526 | +0.053% | $4.2M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005529 | +0.109% | $2.0M | $743K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005529 | +0.109% | $394K | $255K | 75x | as long as short |
| Bitget LUNCUSDTlong | +0.0100% | 8h | 0.00005523 | long leg | $1.2M | $567K | 25x | |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005528 | +0.091% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005524 | +0.012% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005526 | +0.054% | $393K | $37K | 75x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMshort | +0.1453% | 8h | 0.00005528 | +0.094% | $1.8M | $623K | 50x |