Funding you earn now, next payment 16:00 UTC+0.0295%/8h= +32.3% APRnext payment +$2.95 per $10,000 · paid last 24h −0.185%
Price spread now: BingX against KuCoin−0.031%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now −0.031%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.023% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.95 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 | KuCoin LUNCUSDTM | 0.00005471 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $1.8M | $671K | 50x |
| Short | BingX LUNC-USDT | 0.00005469 | 0.0395 | get 0.0395% / 8h | 7h 14m | — | $1.9M | — |
KuCoin LUNCUSDTM
BingX LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $61.95
- Price spread: −0.031% → −0.054%
- $2.34
- Slippage, 4 orders
- −$100.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$58.17
- Costs to cover
- 1.225%
- Break-even
- 13.6 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 4 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, 2 min ago | 13.71 bp | 39.4 bp −$39 | 131.2 bp −$1,312 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.66 bp | 16.1 bp −$16 | 48.2 bp −$482 | 365.1 bp −$36.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005471 | +0.004% | $285K | $97K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005462 | −0.168% | $47K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005465 | −0.104% | $4.2M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005470 | −0.013% | $1.9M | $815K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005470 | −0.013% | $392K | $198K | 75x | as long as short |
| KuCoin LUNCUSDTMlong | +0.0100% | 8h | 0.00005471 | long leg | $1.8M | $671K | 50x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005464 | −0.122% | $1.1M | $476K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005465 | −0.112% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005465 | −0.104% | $395K | $35K | 75x | as long as short |
| BingX LUNC-USDTshort | +0.0395% | 8h | 0.00005469 | −0.031% | — | $1.9M | — |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | +0.0623% | 8h | 0.00005463 | −0.141% | $17.3M | $1.4M | 200x | as long as short |
MEXC LUNC_USDT