Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit−0.055%62s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as 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−$1311.314% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.055%, 7d avg −0.018%
=Funding pays, the price is against you. BloFin is 0.037% cheaper against Bybit than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day). The two prices were read 62 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 | Bybit 1000LUNCUSDT | 0.00005501 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $2.0M | $719K | 25x |
| Short | BloFin 1000LUNC-USDT | 0.00005498 | 0.0220 | get 0.0220% / 8h | 6h 50m | $399K | $37K | 75x |
Bybit 1000LUNCUSDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.055% → −0.018%
- −$3.68
- Slippage, 4 orders
- −$108.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.88
- Costs to cover
- 1.314%
- Break-even
- 37.5 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 15 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, 2 min ago | 1.82 bp | 46.2 bp −$46 | 155.5 bp −$1,555 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.71 bp | 12.2 bp −$12 | 31.5 bp −$315 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0103% | 8h | 0.00005491 | −0.182% | $17.0M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005501 | +0.005% | $285K | $107K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005492 | −0.170% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005496 | −0.091% | $4.2M | $7.8M | 75x | as long as short |
| Bybit 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005501 | long leg | $2.0M | $719K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005498 | −0.055% | $392K | $234K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005487 | −0.254% | $1.1M | $542K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005498 | −0.055% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005494 | −0.133% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005498 | −0.055% | $399K | $37K | 75x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1347% | 8h | 0.00005497 | −0.067% | $1.8M | $624K | 50x | as long as short |
KuCoin LUNCUSDTM