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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0783%/8h= +85.7% APRpaid last 24h +0.173%
Price spread now: Hyperliquid against MEXC+0.159%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs+$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.870% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.821%+$182 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.159%, 7d avg +0.139%
Together, before fees+1.810%+ Points / potential airdropHyperliquid: Season 2 · farm board+$181 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.139%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC LUNC_USDT0.00005538−0.0683get 0.0683% / 8h33m 40s$17.0M$1.4M200x
ShortHyperliquid kLUNC0.000055470.0100get 0.0013% / 1h33m 40s$288K$124K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$164.43
Price spread: +0.159% → +0.139%
$1.98
Slippage, 4 orders
−$78.04
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$79.37
Costs to cover
0.870%
Break-even
3.6 days
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 26 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, 5 min ago1.81 bp20.8 bp −$2160.5 bp −$60588.5 bp −$8,848194.2 bp −$97.1K
Sell Hyperliquid live order book, 26 min ago1.35 bp22.2 bp −$22doesn't fitdoesn'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_USDTlong−0.0683%8h0.00005538long leg$17.0M$1.4M200x
Hyperliquid kLUNCshort+0.0100%1h0.00005547+0.159%$288K$124K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005537−0.013%$48K$16K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005540+0.028%$4.2M$8.2M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005539+0.018%$2.0M$748K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005542+0.072%$392K$258K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005533−0.090%$1.1M$589K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005543+0.090%$2.0Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005539+0.017%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005537−0.018%$392K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1607%8h0.00005543+0.090%$1.8M$814K50xas long as short