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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.209%
Price spread now: BloFin against MEXC+0.090%79s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs+$138as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.966%+$197 on $10k
Price spread, last 3 days (all we have)−0.105%−$11 · spread now +0.090%, 7d avg +0.029%
Together, before fees+1.861%+$186 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.061% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LUNC_USDT0.000055460.0100pay 0.0100% / 8h7h 10m$17.1M$1.3M200x
ShortBloFin 1000LUNC-USDT0.000055510.0220get 0.0220% / 8h7h 10m$396K$37K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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: +0.090% → +0.029%
$6.11
Slippage, 4 orders
−$46.86
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.54
Costs to cover
0.589%
Break-even
14.7 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 60 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 MEXC live order book, 4 min ago2.70 bp18.0 bp −$1847.4 bp −$47496.5 bp −$9,652215.9 bp −$107.9K
Sell BloFin live order book, 60 min ago3.62 bp15.4 bp −$1532.8 bp −$328doesn'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 kLUNC+0.0100%1h0.00005556+0.180%$290K$108K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005545−0.010%$48K$16K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005549+0.054%$4.2M$7.7M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005554+0.144%$2.0M$721K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005554+0.144%$395K$256K75xas long as short
MEXC LUNC_USDTlong+0.0100%8h0.00005546long leg$17.1M$1.3M200x
Bitget LUNCUSDT+0.0100%8h0.00005542−0.072%$1.2M$561K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005553+0.126%$2.0Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005547+0.014%$2K10xas long as short
BloFin 1000LUNC-USDTshort+0.0220%8h0.00005551+0.090%$396K$37K75x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1388%8h0.00005555+0.162%$1.8M$622K50xas long as short