Settings8H · net · $10k
Funding arb · Price arb /

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.006%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days−0.085%−$9 · spread now +0.006%, 7d avg −0.023%
Together, before fees−0.105%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.029% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000LUNCUSDT0.000055310.0100pay 0.0100% / 8h7h 17m$2.0M$732K25x
ShortBinance 1000LUNCUSDT0.000055310.0100get 0.0100% / 8h7h 17m$4.2M$7.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.006% → −0.023%
$2.88
Slippage, 4 orders
−$93.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.09
Costs to cover
1.150%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago2.71 bp36.5 bp −$37153.6 bp −$1,536doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.90 bp13.5 bp −$1346.1 bp −$461doesn't fitdoesn't fit

LUNC on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid kLUNC+0.0100%1h0.00005538+0.130%$288K$107K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005527−0.068%$48K$16K10xas long as short
Binance 1000LUNCUSDTshort+0.0100%8h0.00005531+0.006%$4.2M$7.8M75x
Bybit 1000LUNCUSDTlong+0.0100%8h0.00005531long leg$2.0M$732K25x
Gate LUNC_USDT+0.0100%8h0.00005533+0.036%$394K$256K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005525−0.108%$1.2M$561K25xas long as short
Extended kLUNC-USD+0.0104%1h0.00005530−0.020%$2K10xas long as short
BingX LUNC-USDT+0.0156%8h0.00005534+0.054%$2.0Mas long as short
MEXC LUNC_USDT+0.0219%8h0.00005532+0.018%$17.0M$1.3M200xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005534+0.054%$395K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1403%8h0.00005535+0.065%$1.8M$623K50xas long as short