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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.092%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1121.121% 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)−0.042%−$4 · spread now +0.092%, 7d avg +0.024%
Together, before fees+0.001%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 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: Hyperliquid is 0.068% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LUNC_USDT0.000054360.0100pay 0.0100% / 8h3h 07m$389K$237K75x
ShortHyperliquid kLUNC0.000054410.0100get 0.0013% / 1h7m 56s$283K$110K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.092% → +0.024%
$6.8
Slippage, 4 orders
−$88.09
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$105.29
Costs to cover
1.121%
Break-even
never at this rate
Slippage from Gate: live order book, 43 min ago; Hyperliquid: live order book, 2 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, 43 min ago2.74 bp29.2 bp −$29246.5 bp −$2,465doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago1.38 bp24.1 bp −$24doesn't fitdoesn'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−0.1086%8h0.00005428−0.147%$17.2M$1.3M200xas long as short
Hyperliquid kLUNCshort+0.0100%1h0.00005441+0.092%$283K$110K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005427−0.168%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005433−0.055%$4.1M$7.9M75xas long as short
Gate LUNC_USDTlong+0.0100%8h0.00005436long leg$389K$237K75x
Bitget LUNCUSDT+0.0100%8h0.00005425−0.202%$1.2M$518K25xas long as short
Extended kLUNC-USD+0.0104%1h0.00005428−0.144%$2K10xas long as short
Bybit 1000LUNCUSDT+0.0214%8h0.00005434−0.037%$1.9M$786K25xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005438+0.037%$384K$37K75xas long as short
BingX LUNC-USDT+0.0224%8h0.00005434−0.037%$2.0Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.0379%8h0.00005428−0.140%$1.7M$668K50xas long as short