Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit0.000%62s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$1171.170% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now 0.000%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 62 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 | Bybit 1000LUNCUSDT | 0.00005449 | 0.0100 | pay 0.0100% / 8h | 12m 08s | $1.9M | $810K | 25x |
| Short | BloFin 1000LUNC-USDT | 0.00005449 | 0.0220 | get 0.0220% / 8h | 12m 08s | $388K | $36K | 75x |
Bybit 1000LUNCUSDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $25.2
- Price spread: 0.000% → −0.030%
- $3.02
- Slippage, 4 orders
- −$94.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.8
- Costs to cover
- 1.170%
- Break-even
- 31.7 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 3 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 Bybit live order book, 4 min ago | 2.75 bp | 43.4 bp −$43 | 154.6 bp −$1,546 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.76 bp | 14.7 bp −$15 | 39.0 bp −$390 | 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 | −0.0298% | 8h | 0.00005446 | −0.055% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005456 | +0.119% | $283K | $98K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005444 | −0.101% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005446 | −0.055% | $4.1M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDTlong | +0.0100% | 8h | 0.00005449 | long leg | $1.9M | $810K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005450 | +0.018% | $389K | $213K | 75x | as long as short |
| KuCoin LUNCUSDTM | +0.0100% | 8h | 0.00005450 | +0.015% | $1.7M | $667K | 50x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005444 | −0.092% | $1.1M | $519K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005447 | −0.037% | — | $1.9M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005445 | −0.076% | $2K | — | 10x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
KuCoin LUNCUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005449 | 0.000% | $388K | $36K | 75x |