Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.183%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.183%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.153% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005461 | 0.0220 | pay 0.0220% / 8h | 4h 02m | $387K | $37K | 75x |
| Short | Bybit 1000LUNCUSDT | 0.00005471 | 0.0241 | get 0.0241% / 8h | 4h 02m | $1.9M | $770K | 25x |
BloFin 1000LUNC-USDT
Bybit 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $4.39
- Price spread: +0.183% → +0.030%
- $15.3
- Slippage, 4 orders
- −$97.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.57
- Costs to cover
- 1.203%
- Break-even
- 167.4 days
Slippage from BloFin: live order book, 33 min ago; Bybit: 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 BloFin live order book, 33 min ago | 1.83 bp | 10.6 bp −$11 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.83 bp | 46.6 bp −$47 | 158.2 bp −$1,582 | 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 | −0.0449% | 8h | 0.00005460 | −0.018% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005473 | +0.225% | $285K | $115K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005462 | +0.019% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005469 | +0.151% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005469 | +0.146% | $392K | $239K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005463 | +0.037% | $1.2M | $538K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005463 | +0.044% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005461 | long leg | $387K | $37K | 75x | |
| Bybit 1000LUNCUSDTshort | +0.0241% | 8h | 0.00005471 | +0.183% | $1.9M | $770K | 25x | |
| BingX LUNC-USDT | +0.0246% | 8h | 0.00005463 | +0.037% | — | $2.0M | — | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0495% | 8h | 0.00005463 | +0.033% | $1.7M | $657K | 50x | as long as short |
KuCoin LUNCUSDTM