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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.147%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.147%, 7d avg −0.127%
Together, before fees+0.084%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.020% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LUNC_USDT0.000054490.0100pay 0.0100% / 8h7h 56m$388K$196K75x
ShortBitget LUNCUSDT0.000054410.0100get 0.0100% / 8h7h 56m$1.1M$515K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$0
Price spread: −0.147% → −0.127%
−$2.01
Slippage, 4 orders
−$84.25
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$113.26
Costs to cover
1.112%
Break-even
never at this rate
Slippage from Gate: live order book, 39 min ago; Bitget: live order book, 5 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 Gate live order book, 39 min ago2.75 bp29.4 bp −$29168.9 bp −$1,689doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.84 bp24.5 bp −$2552.9 bp −$529doesn't fitdoesn't fit

LUNC on 11 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
Hyperliquid kLUNC+0.0100%1h0.00005451+0.029%$283K$98K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005443−0.107%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005445−0.073%$4.1M$7.9M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.000054490.000%$1.9M$811K25xas long as short
Gate LUNC_USDTlong+0.0100%8h0.00005449long leg$388K$196K75x
KuCoin LUNCUSDTM+0.0100%8h0.00005444−0.090%$1.7M$675K50xas long as short
Bitget LUNCUSDTshort+0.0100%8h0.00005441−0.147%$1.1M$515K25x
Extended kLUNC-USD+0.0104%1h0.00005445−0.082%$2K10xas long as short
BingX LUNC-USDT+0.0171%8h0.000054490.000%$1.9Mas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005446−0.055%$392K$36K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LUNC_USDT+0.0374%8h0.00005444−0.092%$17.2M$1.4M200xas long as short