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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against Gate+0.036%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2212.212% 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)−0.094%−$9 · spread now +0.036%, 7d avg −0.076%
Together, before fees−0.051%−$5 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: Bybit is 0.112% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LUNC_USDT0.000055380.0100pay 0.0100% / 8h2h 21m$394K$283K75x
ShortBybit 1000LUNCUSDT0.000055400.0100get 0.0100% / 8h2h 21m$2.0M$744K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.036% → −0.076%
$11.17
Slippage, 4 orders
−$195.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$210.01
Costs to cover
2.212%
Break-even
never at this rate
Slippage from Gate: live order book, 63 min ago; Bybit: 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, 63 min ago3.62 bp28.7 bp −$29208.6 bp −$2,086doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.61 bp104.6 bp −$105163.9 bp −$1,639doesn'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
MEXC LUNC_USDT−0.0637%8h0.00005536−0.036%$16.9M$1.6M200xas long as short
Hyperliquid kLUNC+0.0100%1h0.00005539+0.018%$288K$125K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005532−0.106%$48K$16K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005537−0.022%$4.2M$8.4M75xas long as short
Bybit 1000LUNCUSDTshort+0.0100%8h0.00005540+0.036%$2.0M$744K25x
Gate LUNC_USDTlong+0.0100%8h0.00005538long leg$394K$283K75x
Bitget LUNCUSDT+0.0100%8h0.00005527−0.199%$1.1M$624K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005541+0.054%$2.1Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005536−0.034%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005534−0.072%$392K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1364%8h0.00005547+0.155%$1.8M$764K50xas long as short