Funding you earn now, next payment 00:00 UTC−0.0549%/8h= −60.1% APRnext payment −$5.49 per $10,000 · paid last 24h −0.208%
Price spread now: MEXC against BloFin−0.126%49s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as 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−$640.642% of the position
Funding, last 7 days−2.010%−$201 on $10k
+Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.126%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and MEXC is 0.097% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005543 | 0.0220 | pay 0.0220% / 8h | 42m 21s | $390K | $37K | 75x |
| Short | MEXC LUNC_USDT | 0.00005536 | −0.0329 | pay 0.0329% / 8h | 42m 21s | $17.0M | $1.4M | 200x |
BloFin 1000LUNC-USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$115.29
- Price spread: −0.126% → −0.030%
- −$9.67
- Slippage, 4 orders
- −$52.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$189.2
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; MEXC: live order book, 1 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, 33 min ago | 1.81 bp | 12.4 bp −$12 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.81 bp | 14.3 bp −$14 | 48.8 bp −$488 | 81.5 bp −$8,153 | 201.1 bp −$100.5K |
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_USDTshort | −0.0329% | 8h | 0.00005536 | −0.126% | $17.0M | $1.4M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005545 | +0.040% | $288K | $125K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005538 | −0.088% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005538 | −0.090% | $4.2M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005543 | 0.000% | $2.0M | $755K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005546 | +0.054% | $393K | $258K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005536 | −0.126% | $1.1M | $600K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005543 | 0.000% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005537 | −0.109% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005543 | long leg | $390K | $37K | 75x |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1596% | 8h | 0.00005548 | +0.088% | $1.8M | $814K | 50x | as long as short |
KuCoin LUNCUSDTM