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 Gate+0.073%228s7-day average −0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$930.932% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 3 days (all we have)−0.171%−$17 · spread now +0.073%, 7d avg −0.094%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.167% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.094%. The two prices were read 228 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 | Gate LUNC_USDT | 0.00005493 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $391K | $234K | 75x |
| Short | BloFin 1000LUNC-USDT | 0.00005497 | 0.0220 | get 0.0220% / 8h | 6h 45m | $395K | $37K | 75x |
Gate LUNC_USDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: +0.073% → −0.094%
- $16.72
- Slippage, 4 orders
- −$66.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.24
- Costs to cover
- 0.932%
- Break-even
- 21.2 days
Slippage from Gate: live order book, 20 min ago; BloFin: live order book, 20 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 Gate live order book, 20 min ago | 2.70 bp | 28.3 bp −$28 | 246.5 bp −$2,465 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 2.71 bp | 12.2 bp −$12 | 31.5 bp −$315 | 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 | +0.0056% | 8h | 0.00005483 | −0.182% | $17.0M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005491 | −0.042% | $285K | $108K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005485 | −0.142% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005484 | −0.164% | $4.2M | $7.7M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005492 | −0.018% | $2.0M | $723K | 25x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005493 | long leg | $391K | $234K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005481 | −0.218% | $1.1M | $542K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005492 | −0.018% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005484 | −0.167% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005497 | +0.073% | $395K | $37K | 75x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
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 | +0.1340% | 8h | 0.00005488 | −0.084% | $1.8M | $623K | 50x | as long as short |
KuCoin LUNCUSDTM