Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h +0.157%
Price spread now: KuCoin against BloFin+0.013%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.013%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005431 | 0.0220 | pay 0.0220% / 8h | 5h 28m | $411K | $31K | 75x |
| Short | KuCoin LUNCUSDTM | 0.00005432 | 0.0100 | get 0.0100% / 8h | 5h 28m | $1.7M | $684K | 50x |
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.013% → +0.036%
- −$2.35
- Slippage, 4 orders
- −$76.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$127.77
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, just now.
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, 15 min ago | 1.84 bp | 10.8 bp −$11 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 9.20 bp | 39.5 bp −$39 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
LUNC on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005437 | +0.110% | $282K | $91K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005430 | −0.022% | $47K | $14K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005429 | −0.037% | $4.3M | $7.3M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005434 | +0.055% | $1.9M | $798K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005435 | +0.074% | $389K | $189K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005428 | −0.055% | $17.3M | $1.2M | 200x | as long as short |
| KuCoin LUNCUSDTMshort | +0.0100% | 8h | 0.00005432 | +0.013% | $1.7M | $684K | 50x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005428 | −0.055% | $1.1M | $446K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005433 | +0.037% | — | $1.9M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005427 | −0.065% | $2K | — | 10x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005431 | long leg | $411K | $31K | 75x |