Funding you earn now, next payment 08:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.073%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$980.980% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.073%, 7d avg +0.058%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.131% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUNC-USDT | 0.00005471 | 0.0238 | pay 0.0238% / 8h | 3h 53m | — | $2.0M | — |
| Short | Gate LUNC_USDT | 0.00005467 | 0.0100 | get 0.0100% / 8h | 3h 53m | $392K | $235K | 75x |
BingX LUNC-USDT
Gate LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$28.98
- Price spread: −0.073% → +0.058%
- −$13.12
- Slippage, 4 orders
- −$72.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$140.06
- Costs to cover
- 0.980%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 62 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 BingX live order book, 4 min ago | 2.74 bp | 14.5 bp −$14 | 41.1 bp −$411 | 376.3 bp −$37.6K | 792.0 bp −$396.0K |
| Sell Gate live order book, 62 min ago | 2.75 bp | 34.2 bp −$34 | 241.2 bp −$2,412 | 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 | 0.00005472 | +0.015% | $285K | $114K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005459 | −0.214% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005467 | −0.067% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDTshort | +0.0100% | 8h | 0.00005467 | −0.073% | $392K | $235K | 75x | |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005457 | −0.256% | $17.2M | $1.3M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005459 | −0.219% | $1.2M | $520K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005456 | −0.266% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005471 | 0.000% | $386K | $37K | 75x | as long as short |
| BingX LUNC-USDTlong | +0.0238% | 8h | 0.00005471 | long leg | — | $2.0M | — | |
| Bybit 1000LUNCUSDT | +0.0250% | 8h | 0.00005466 | −0.091% | $1.9M | $771K | 25x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
MEXC LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0474% | 8h | 0.00005461 | −0.181% | $1.7M | $657K | 50x | as long as short |
KuCoin LUNCUSDTM