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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Binance against Hyperliquid−0.113%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.757% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.113%, 7d avg −0.112%
Together, before fees−0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000055440.0100pay 0.0013% / 1h1m 51s$288K$126K3x
ShortBinance 1000LUNCUSDT0.000055370.0100get 0.0100% / 8h1h 01m$4.2M$8.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: −0.113% → −0.112%
−$0.08
Slippage, 4 orders
−$56.74
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.82
Costs to cover
0.757%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 68 min ago; Binance: live order book, 7 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 Hyperliquid live order book, 68 min ago2.26 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.90 bp14.7 bp −$1548.2 bp −$482doesn'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
Hyperliquid kLUNClong+0.0100%1h0.00005544long leg$288K$126K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005532−0.204%$48K$15K10xas long as short
Binance 1000LUNCUSDTshort+0.0100%8h0.00005537−0.113%$4.2M$8.4M75x
Bybit 1000LUNCUSDT+0.0100%8h0.00005542−0.029%$2.0M$751K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005542−0.029%$395K$280K75xas long as short
MEXC LUNC_USDT+0.0100%8h0.00005535−0.155%$17.0M$1.5M200xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005533−0.191%$1.1M$623K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005540−0.065%$2.1Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005536−0.139%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005530−0.245%$388K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1535%8h0.00005545+0.025%$1.8M$820K50xas long as short