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 − costs—prices read too far apart to compare
costs, in and out, $10k−$590.589% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LUNC_USDT | 0.00005546 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $17.1M | $1.3M | 200x |
| Short | BloFin 1000LUNC-USDT | 0.00005551 | 0.0220 | get 0.0220% / 8h | 7h 10m | $396K | $37K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 2.70 bp | 18.0 bp −$18 | 47.4 bp −$474 | 96.5 bp −$9,652 | 215.9 bp −$107.9K |
| Sell BloFin live order book, 60 min ago | 3.62 bp | 15.4 bp −$15 | 32.8 bp −$328 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005556 | +0.180% | $290K | $108K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005545 | −0.010% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005549 | +0.054% | $4.2M | $7.7M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005554 | +0.144% | $2.0M | $721K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005554 | +0.144% | $395K | $256K | 75x | as long as short |
| MEXC LUNC_USDTlong | +0.0100% | 8h | 0.00005546 | long leg | $17.1M | $1.3M | 200x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005542 | −0.072% | $1.2M | $561K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005553 | +0.126% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005547 | +0.014% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005551 | +0.090% | $396K | $37K | 75x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1388% | 8h | 0.00005555 | +0.162% | $1.8M | $622K | 50x | as long as short |
MEXC LUNC_USDT
BloFin 1000LUNC-USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
KuCoin LUNCUSDTM