Funding you earn now, next payment 08:00 UTC−0.0127%/8h= −13.9% APRnext payment −$1.27 per $10,000 · paid last 24h −0.192%
Price spread now: Binance against KuCoin+0.081%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.081%, 7d avg −0.080%
=The price spread pays, funding is against you. Binance is 0.161% dearer against KuCoin than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.080%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LUNCUSDTM | 0.00005443 | 0.0227 | pay 0.0227% / 8h | 2h 17m | $1.7M | $666K | 50x |
| Short | Binance 1000LUNCUSDT | 0.00005447 | 0.0100 | get 0.0100% / 8h | 2h 17m | $4.1M | $7.9M | 75x |
KuCoin LUNCUSDTM
Binance 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$26.67
- Price spread: +0.081% → −0.080%
- $16.05
- Slippage, 4 orders
- −$82.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.02
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 4 min ago | 9.10 bp | 40.8 bp −$41 | 122.8 bp −$1,228 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.92 bp | 17.6 bp −$18 | 65.4 bp −$654 | 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 | −0.0585% | 8h | 0.00005443 | +0.007% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005453 | +0.198% | $283K | $110K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005445 | +0.039% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005447 | +0.081% | $4.1M | $7.9M | 75x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005450 | +0.136% | $388K | $235K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005442 | −0.011% | $1.1M | $520K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005444 | +0.034% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0121% | 8h | 0.00005451 | +0.154% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0124% | 8h | 0.00005450 | +0.136% | $1.9M | $798K | 25x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005448 | +0.099% | $382K | $37K | 75x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDT
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMlong | +0.0227% | 8h | 0.00005443 | long leg | $1.7M | $666K | 50x |