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: Bybit against Gate+0.036%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.036%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.111% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005527 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $394K | $278K | 75x |
| Short | Bybit 1000LUNCUSDT | 0.00005529 | 0.0100 | get 0.0100% / 8h | 1h 44m | $2.0M | $748K | 25x |
Gate LUNC_USDT
Bybit 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.036% → −0.075%
- $11.08
- Slippage, 4 orders
- −$153.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.33
- Costs to cover
- 1.794%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; Bybit: live order book, 2 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 Gate live order book, 36 min ago | 1.80 bp | 36.0 bp −$36 | 195.6 bp −$1,956 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.62 bp | 59.4 bp −$59 | 162.6 bp −$1,626 | 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 | 0.00005530 | +0.058% | $287K | $125K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005523 | −0.072% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005527 | −0.003% | $4.1M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005529 | +0.036% | $2.0M | $748K | 25x | |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005527 | long leg | $394K | $278K | 75x | |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005524 | −0.054% | $17.0M | $1.5M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005515 | −0.217% | $1.1M | $623K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005528 | +0.018% | — | $2.1M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005526 | −0.019% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005520 | −0.127% | $387K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
MEXC LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1452% | 8h | 0.00005532 | +0.087% | $1.8M | $811K | 50x | as long as short |
KuCoin LUNCUSDTM