Funding you earn now, next payment 08:00 UTC−0.0195%/8h= −21.4% APRnext payment −$1.95 per $10,000 · paid last 24h −0.173%
Price spread now: MEXC against Bybit−0.126%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−1.777%−$178 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.126%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.066% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000LUNCUSDT | 0.00005555 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $2.0M | $722K | 25x |
| Short | MEXC LUNC_USDT | 0.00005548 | −0.0095 | pay 0.0095% / 8h | 7h 12m | $17.1M | $1.3M | 200x |
Bybit 1000LUNCUSDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$40.95
- Price spread: −0.126% → −0.060%
- −$6.57
- Slippage, 4 orders
- −$103.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$161.86
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 1 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 | 2.70 bp | 34.8 bp −$35 | 152.1 bp −$1,521 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.70 bp | 11.9 bp −$12 | 40.4 bp −$404 | 93.5 bp −$9,345 | 210.7 bp −$105.3K |
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_USDTshort | −0.0095% | 8h | 0.00005548 | −0.126% | $17.1M | $1.3M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005556 | +0.011% | $289K | $108K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005548 | −0.120% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005548 | −0.118% | $4.2M | $7.7M | 75x | as long as short |
| Bybit 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005555 | long leg | $2.0M | $722K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005557 | +0.036% | $395K | $256K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005542 | −0.234% | $1.2M | $561K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005548 | −0.130% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0163% | 8h | 0.00005554 | −0.018% | — | $2.0M | — | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005544 | −0.198% | $396K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1398% | 8h | 0.00005555 | +0.002% | $1.8M | $622K | 50x | as long as short |
KuCoin LUNCUSDTM