Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.122%
Price spread now: MEXC against BloFin+0.055%94s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as 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−$530.532% of the position
Funding, last 7 days−1.960%−$196 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.055%, 7d avg −0.021%
=The price spread pays, funding is against you. MEXC is 0.076% dearer against BloFin than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.021%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−1.960% in total) that is about 7 hours. The two prices were read 94 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 | 0.00005436 | 0.0220 | pay 0.0220% / 8h | 7h 53m | $391K | $36K | 75x |
| Short | MEXC LUNC_USDT | 0.00005439 | 0.0100 | get 0.0100% / 8h | 7h 53m | $17.2M | $1.4M | 200x |
BloFin 1000LUNC-USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.055% → −0.021%
- $7.61
- Slippage, 4 orders
- −$41.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$70.76
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 22 min ago; MEXC: live order book, 5 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, 22 min ago | 2.76 bp | 15.2 bp −$15 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.84 bp | 18.0 bp −$18 | 59.8 bp −$598 | 99.7 bp −$9,968 | 234.5 bp −$117.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005444 | +0.155% | $283K | $98K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005438 | +0.035% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005438 | +0.037% | $4.1M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005441 | +0.092% | $1.9M | $812K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005444 | +0.147% | $388K | $196K | 75x | as long as short |
| MEXC LUNC_USDTshort | +0.0100% | 8h | 0.00005439 | +0.055% | $17.2M | $1.4M | 200x | |
| KuCoin LUNCUSDTM | +0.0100% | 8h | 0.00005439 | +0.053% | $1.7M | $654K | 50x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005440 | +0.074% | $1.1M | $514K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005437 | +0.012% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005436 | long leg | $391K | $36K | 75x |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
KuCoin LUNCUSDTM
Bitget LUNCUSDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LUNC-USDT | +0.0288% | 8h | 0.00005443 | +0.129% | — | $1.9M | — | as long as short |
BingX LUNC-USDT