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

LUNR

RWAall LUNR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.207%
Price spread now: OKX against Lighter RH+0.544%7-day average +0.774% · you sell dearer than you buy
Net, funding: paid 7d − costs−$555as in the Funding arb table
Net, price: spread back to 7d avg − costs−$599as in the Price arb table
costs, in and out, $10k−$5765.764% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.216%+$22 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.544%, 7d avg +0.774%
Together, before fees+0.047%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.230% cheaper against Lighter RH than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.774%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.216%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH LUNR15.6250.0032pay 0.0004% / 1h8m 31s$21K$107K10x
ShortOKX LUNR-USDT-SWAP15.7100get 0.0000% / 8h8m 31s$100K$235K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Lighter RH. 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
−$6.72
Price spread: +0.544% → +0.774%
−$23
Slippage, 4 orders
−$566.44
Fee Lighter RH: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$606.16
Costs to cover
5.764%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 59 min ago; OKX: live order book, 27 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 Lighter RH live order book, 59 min ago29.45 bp52.6 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 27 min ago19.13 bp144.2 bp −$144doesn't fitdoesn't fitdoesn't fit

LUNR on 5 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
OKX LUNR-USDT-SWAPshort0.0000%8h15.710+0.544%$100K$235K10x
Gate LUNR_USDT0.0000%8h15.670+0.288%$35K$9K20xas long as short
Lighter RH LUNRlong+0.0032%1h15.625long leg$21K$107K10x
KuCoin LUNRUSDTM+0.0100%8h15.660+0.224%$102K$672K20xas long as short
HTX LUNR-USDT+0.0100%8h15.630+0.032%$5K$9K10xas long as short