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: Bitget against Bybit−0.238%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.238%, 7d avg −0.053%
Together, before fees+0.190%+$19 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: Bitget is 0.185% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000LUNCUSDT0.000054620.0100pay 0.0100% / 8h6h 09m$2.0M$745K25x
ShortBitget LUNCUSDT0.000054490.0100get 0.0100% / 8h6h 09m$1.1M$576K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.238% → −0.053%
−$18.51
Slippage, 4 orders
−$121.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$163.33
Costs to cover
1.448%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago3.66 bp33.9 bp −$34153.7 bp −$1,537doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.75 bp28.0 bp −$2862.8 bp −$628doesn't fitdoesn't fit

LUNC on 10 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
MEXC LUNC_USDT−0.0442%8h0.00005449−0.238%$16.9M$1.4M200xas long as short
Hyperliquid kLUNC+0.0100%1h0.00005461−0.018%$286K$105K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005455−0.128%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005454−0.151%$4.1M$7.8M75xas long as short
Bybit 1000LUNCUSDTlong+0.0100%8h0.00005462long leg$2.0M$745K25x
Gate LUNC_USDT+0.0100%8h0.00005470+0.146%$388K$240K75xas long as short
Bitget LUNCUSDTshort+0.0100%8h0.00005449−0.238%$1.1M$576K25x
BingX LUNC-USDT+0.0100%8h0.00005460−0.037%$2.0Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005455−0.129%$2K10xas long as short
KuCoin LUNCUSDTM+0.1102%8h0.00005456−0.106%$1.7M$650K50xas long as short