Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin−0.003%91s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$610.606% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.003%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 91 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 | BloFin 1000LUNC-USDT | 0.00005527 | 0.0220 | pay 0.0220% / 8h | 5m 44s | $393K | $37K | 75x |
| Short | Binance 1000LUNCUSDT | 0.00005527 | 0.0100 | get 0.0100% / 8h | 5m 44s | $4.2M | $8.1M | 75x |
BloFin 1000LUNC-USDT
Binance 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: −0.003% → −0.004%
- $0.06
- Slippage, 4 orders
- −$38.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.78
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 3 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 BloFin live order book, 5 min ago | 3.62 bp | 13.6 bp −$14 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.90 bp | 17.0 bp −$17 | 47.3 bp −$473 | 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 | −0.0928% | 8h | 0.00005526 | −0.018% | $17.0M | $1.4M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005536 | +0.154% | $288K | $123K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005521 | −0.109% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005527 | −0.003% | $4.2M | $8.1M | 75x | |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005530 | +0.054% | $2.0M | $746K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005529 | +0.036% | $394K | $263K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005517 | −0.181% | $1.2M | $583K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005529 | +0.036% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005525 | −0.039% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005527 | long leg | $393K | $37K | 75x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
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 | +0.1580% | 8h | 0.00005524 | −0.054% | $1.8M | $727K | 50x | as long as short |
KuCoin LUNCUSDTM