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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000LUNCUSDT | 0.00005531 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $2.0M | $732K | 25x |
| Short | Binance 1000LUNCUSDT | 0.00005531 | 0.0100 | get 0.0100% / 8h | 7h 17m | $4.2M | $7.8M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 2.71 bp | 36.5 bp −$37 | 153.6 bp −$1,536 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.90 bp | 13.5 bp −$13 | 46.1 bp −$461 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005538 | +0.130% | $288K | $107K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005527 | −0.068% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005531 | +0.006% | $4.2M | $7.8M | 75x | |
| Bybit 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005531 | long leg | $2.0M | $732K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005533 | +0.036% | $394K | $256K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005525 | −0.108% | $1.2M | $561K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005530 | −0.020% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0156% | 8h | 0.00005534 | +0.054% | — | $2.0M | — | as long as short |
| MEXC LUNC_USDT | +0.0219% | 8h | 0.00005532 | +0.018% | $17.0M | $1.3M | 200x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005534 | +0.054% | $395K | $37K | 75x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1403% | 8h | 0.00005535 | +0.065% | $1.8M | $623K | 50x | as long as short |
Bybit 1000LUNCUSDT
Binance 1000LUNCUSDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
MEXC LUNC_USDT
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTM