Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h +0.156%
Price spread now: KuCoin against BloFin+0.070%65s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$760.763% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.070%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.030% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005464 | 0.0220 | pay 0.0220% / 8h | 3h 44m | $387K | $37K | 75x |
| Short | KuCoin LUNCUSDTM | 0.00005468 | 0.0442 | get 0.0442% / 8h | 3h 44m | $1.7M | $665K | 50x |
BloFin 1000LUNC-USDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $46.62
- Price spread: +0.070% → +0.039%
- $3.05
- Slippage, 4 orders
- −$52.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$26.65
- Costs to cover
- 0.763%
- Break-even
- 11.0 days
Slippage from BloFin: live order book, 51 min ago; KuCoin: live order book, 2 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 BloFin live order book, 51 min ago | 1.83 bp | 10.6 bp −$11 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.32 bp | 16.6 bp −$17 | 113.8 bp −$1,138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0574% | 8h | 0.00005463 | −0.018% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005473 | +0.165% | $285K | $114K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005464 | +0.005% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005467 | +0.049% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005470 | +0.110% | $392K | $235K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005461 | −0.055% | $1.2M | $519K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005463 | −0.011% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005464 | long leg | $387K | $37K | 75x | |
| BingX LUNC-USDT | +0.0248% | 8h | 0.00005469 | +0.092% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0264% | 8h | 0.00005471 | +0.128% | $1.9M | $771K | 25x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMshort | +0.0442% | 8h | 0.00005468 | +0.070% | $1.7M | $665K | 50x |