Funding you earn now, next payment 08:00 UTC+0.0593%/8h= +64.9% APRnext payment +$5.93 per $10,000 · paid last 24h +0.192%
Price spread now: KuCoin against Gate−0.068%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.068%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005443 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $391K | $237K | 75x |
| Short | KuCoin LUNCUSDTM | 0.00005439 | 0.0693 | get 0.0693% / 8h | 4h 48m | $1.7M | $660K | 50x |
Gate LUNC_USDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $124.53
- Price spread: −0.068% → −0.054%
- −$1.39
- Slippage, 4 orders
- −$116.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.12
- Costs to cover
- 1.433%
- Break-even
- 8.1 days
Slippage from Gate: live order book, 7 min ago; KuCoin: live order book, 3 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, 7 min ago | 2.75 bp | 32.4 bp −$32 | 284.5 bp −$2,845 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 14.68 bp | 44.3 bp −$44 | 114.8 bp −$1,148 | 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 | −0.0782% | 8h | 0.00005435 | −0.147% | $17.1M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005447 | +0.066% | $284K | $115K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005437 | −0.116% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005438 | −0.093% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005443 | long leg | $391K | $237K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005436 | −0.129% | $1.2M | $577K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005439 | −0.068% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005443 | 0.000% | $386K | $37K | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0336% | 8h | 0.00005443 | 0.000% | $1.9M | $777K | 25x | as long as short |
| BingX LUNC-USDT | +0.0338% | 8h | 0.00005442 | −0.018% | — | $2.0M | — | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
Bybit 1000LUNCUSDT
BingX LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMshort | +0.0693% | 8h | 0.00005439 | −0.068% | $1.7M | $660K | 50x |