Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$2.40 per $10,000 · paid last 24h +0.192%
Price spread now: KuCoin against Gate−0.140%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.140%, 7d avg −0.054%
=Funding pays, the price is against you. KuCoin is 0.086% cheaper against Gate than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.054%). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.240% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005435 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $389K | $232K | 75x |
| Short | KuCoin LUNCUSDTM | 0.00005427 | 0.0340 | get 0.0340% / 8h | 2h 50m | $1.7M | $669K | 50x |
Gate LUNC_USDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $50.4
- Price spread: −0.140% → −0.054%
- −$8.56
- Slippage, 4 orders
- −$119
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$104.16
- Costs to cover
- 1.460%
- Break-even
- 21.5 days
Slippage from Gate: live order book, 60 min ago; KuCoin: live order book, 1 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, 60 min ago | 2.74 bp | 29.2 bp −$29 | 246.5 bp −$2,465 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 11.97 bp | 42.8 bp −$43 | 122.1 bp −$1,221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005432 | −0.053% | $283K | $110K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005425 | −0.184% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005426 | −0.172% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005435 | long leg | $389K | $232K | 75x | |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005424 | −0.202% | $17.2M | $1.3M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005422 | −0.239% | $1.1M | $513K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005429 | −0.102% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0192% | 8h | 0.00005427 | −0.147% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0195% | 8h | 0.00005431 | −0.074% | $1.9M | $791K | 25x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005423 | −0.221% | $382K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
MEXC LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDT
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMshort | +0.0340% | 8h | 0.00005427 | −0.140% | $1.7M | $669K | 50x |