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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Bybit−0.018%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.018%, 7d avg +0.075%
Together, before fees+0.045%+$5 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: Gate is 0.093% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000LUNCUSDT0.000055460.0100pay 0.0100% / 8h58m 20s$2.0M$753K25x
ShortGate LUNC_USDT0.000055450.0100get 0.0100% / 8h58m 20s$395K$257K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.018% → +0.075%
−$9.26
Slippage, 4 orders
−$121.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$157.05
Costs to cover
1.478%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 17 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, 3 min ago1.80 bp38.8 bp −$39153.2 bp −$1,532doesn't fitdoesn't fit
Sell Gate live order book, 17 min ago1.81 bp27.8 bp −$28176.0 bp −$1,760doesn'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
MEXC LUNC_USDT−0.1158%8h0.00005537−0.162%$17.0M$1.4M200xas long as short
Hyperliquid kLUNC+0.0100%1h0.00005545−0.022%$288K$126K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005533−0.232%$48K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005542−0.065%$4.2M$8.4M75xas long as short
Bybit 1000LUNCUSDTlong+0.0100%8h0.00005546long leg$2.0M$753K25x
Gate LUNC_USDTshort+0.0100%8h0.00005545−0.018%$395K$257K75x
Bitget LUNCUSDT+0.0100%8h0.00005534−0.216%$1.1M$635K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005547+0.018%$2.0Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005541−0.086%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005543−0.054%$388K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1550%8h0.00005542−0.072%$1.8M$820K50xas long as short