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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid+0.011%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$720.724% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.011%, 7d avg −0.082%
Together, before fees−0.129%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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: BingX is 0.093% dearer against Hyperliquid than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000054750.0100pay 0.0013% / 1h11m 02s$287K$107K3x
ShortBingX LUNC-USDT0.000054760.0100get 0.0100% / 8h6h 11m$2.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.011% → −0.082%
$9.32
Slippage, 4 orders
−$53.36
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.04
Costs to cover
0.724%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; BingX: 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, 28 min ago1.28 bp22.4 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.74 bp17.3 bp −$1748.5 bp −$485339.4 bp −$33.9K866.9 bp −$433.5K

LUNC on 10 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−0.0565%8h0.00005465−0.190%$16.9M$1.4M200xas long as short
Hyperliquid kLUNClong+0.0100%1h0.00005475long leg$287K$107K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005461−0.263%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005468−0.135%$4.1M$7.8M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005476+0.011%$2.0M$744K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005474−0.026%$388K$240K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005464−0.208%$1.1M$576K25xas long as short
BingX LUNC-USDTshort+0.0100%8h0.00005476+0.011%$2.0M
Extended kLUNC-USD+0.0104%1h0.00005460−0.286%$2K10xas long as short
KuCoin LUNCUSDTM+0.1120%8h0.00005460−0.290%$1.7M$650K50xas long as short