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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Hyperliquid−0.177%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.177%, 7d avg −0.109%
Together, before fees+0.216%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.068% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.109%). If the spread goes back, that is −$7 on $10k: about 45 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000054790.0100pay 0.0013% / 1h55m 05s$284K$110K3x
ShortBloFin 1000LUNC-USDT0.000054690.0220get 0.0220% / 8h6h 55m$394K$37K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: −0.177% → −0.109%
−$6.76
Slippage, 4 orders
−$52.56
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.12
Costs to cover
0.736%
Break-even
22.3 days
Slippage from Hyperliquid: live order book, 54 min ago; BloFin: live order book, 10 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, 54 min ago1.00 bp21.3 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 10 min ago2.71 bp12.2 bp −$1231.5 bp −$315doesn'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
MEXC LUNC_USDT−0.0573%8h0.00005468−0.195%$17.0M$1.3M200xas long as short
Hyperliquid kLUNClong+0.0100%1h0.00005479long leg$284K$110K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005458−0.387%$47K$16K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005474−0.086%$4.2M$7.8M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005474−0.086%$2.0M$723K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005473−0.104%$390K$233K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005467−0.214%$1.1M$553K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005477−0.031%$2.0Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005466−0.238%$2K10xas long as short
BloFin 1000LUNC-USDTshort+0.0220%8h0.00005469−0.177%$394K$37K75x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1347%8h0.00005470−0.164%$1.8M$624K50xas long as short