Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Gate against BloFin+0.073%93s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as 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−$980.982% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.073%, 7d avg +0.099%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.099%). Swap the legs. The two prices were read 93 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 | 0.00005450 | 0.0220 | pay 0.0220% / 8h | 3h 31m | $387K | $37K | 75x |
| Short | Gate LUNC_USDT | 0.00005454 | 0.0100 | get 0.0100% / 8h | 3h 31m | $391K | $236K | 75x |
BloFin 1000LUNC-USDT
Gate LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.073% → +0.099%
- −$2.54
- Slippage, 4 orders
- −$71.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$125.92
- Costs to cover
- 0.982%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Gate: live order book, 19 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, 64 min ago | 1.83 bp | 10.6 bp −$11 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 2.74 bp | 38.6 bp −$39 | 283.3 bp −$2,833 | 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 | −0.0421% | 8h | 0.00005448 | −0.037% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005459 | +0.171% | $284K | $114K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005448 | −0.044% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005450 | +0.008% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDTshort | +0.0100% | 8h | 0.00005454 | +0.073% | $391K | $236K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005450 | 0.000% | $1.2M | $518K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005446 | −0.068% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005450 | long leg | $387K | $37K | 75x | |
| BingX LUNC-USDT | +0.0251% | 8h | 0.00005454 | +0.073% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0270% | 8h | 0.00005459 | +0.165% | $1.9M | $777K | 25x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0404% | 8h | 0.00005452 | +0.028% | $1.7M | $674K | 50x | as long as short |
KuCoin LUNCUSDTM