Funding arb · Price arb /

LYN

all LYN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.091%

Price spread now: KuCoin against Gate−0.076%7-day average −0.208% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2,339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,276as in the Price arb table

costs, in and out, $10k−$2,28922.892% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.495%−$50 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.076%, 7d avg −0.208%

Together, before fees−0.500%−$50 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.132% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.208%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LYN_USDT	0.03933	0.0100	pay 0.0050% / 4h	3h 39m	$270K	$223K	25x
Short	KuCoin LYNUSDTM	0.03930	0.0100	get 0.0050% / 4h	3h 39m	$1.2M	$187K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.208%: $13.21
Slippage, 4 orders: −$2,262.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,276.04
Costs to cover: 22.892%
Break-even: never at this rate

Slippage from Gate: live order book, 27 min ago; KuCoin: live order book, 5 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 Gate live order book, 27 min ago	10.24 bp	513.1 bp −$513	41788.0 bp −$417.9K	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	50.97 bp	501.4 bp −$501	doesn't fit	doesn't fit	doesn't fit

LYN on 10 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
Aster LYNUSDT	+0.0100%	4h	0.03918	−0.372%	$24K	$24K	5x	as long as short
Binance LYNUSDT	+0.0100%	4h	0.03925	−0.203%	$6.1M	$8.3M	10x	as long as short
Gate LYN_USDTlong	+0.0100%	4h	0.03933	long leg	$270K	$223K	25x
MEXC LYN_USDT	+0.0100%	4h	0.03925	−0.203%	$1.1M	$404K	50x	as long as short
KuCoin LYNUSDTMshort	+0.0100%	4h	0.03930	−0.076%	$1.2M	$187K	10x
Bitget LYNUSDT	+0.0100%	4h	0.03943	+0.254%	$1.7M	$592K	10x	as long as short
BingX LYN-USDT	+0.0100%	4h	0.03932	−0.025%	—	$6.6M	—	as long as short
Extended LYN-USD	+0.0104%	1h	0.03924	−0.228%	$6K	$162K	5x	as long as short
BloFin LYN-USDT	+0.0340%	4h	0.03927	−0.153%	$402K	$10K	20x	as long as short
Bybit LYNUSDT	+0.1107%	4h	0.03936	+0.076%	$1.7M	$1.8M	25x	as long as short