Funding you earn now, next payment 08:00 UTC−0.0436%/8h= −47.7% APRnext payment −$4.36 per $10,000 · paid last 24h −0.173%
Price spread now: MEXC against Gate−0.128%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days−1.734%−$173 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.128%, 7d avg −0.119%
=The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005472 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $392K | $244K | 75x |
| Short | MEXC LUNC_USDT | 0.00005465 | −0.0336 | pay 0.0336% / 8h | 5h 07m | $17.2M | $1.3M | 200x |
Gate LUNC_USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$91.56
- Price spread: −0.128% → −0.119%
- −$0.88
- Slippage, 4 orders
- −$87.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$194.88
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from Gate: live order book, 53 min ago; MEXC: 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, 53 min ago | 3.66 bp | 33.6 bp −$34 | 243.5 bp −$2,435 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.74 bp | 18.4 bp −$18 | 53.5 bp −$535 | 101.4 bp −$10.1K | 245.1 bp −$122.6K |
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_USDTshort | −0.0336% | 8h | 0.00005465 | −0.128% | $17.2M | $1.3M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005473 | +0.022% | $287K | $113K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005464 | −0.155% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005468 | −0.073% | $4.1M | $7.8M | 75x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005472 | long leg | $392K | $244K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005462 | −0.183% | $1.2M | $575K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005465 | −0.122% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005475 | +0.055% | $388K | $37K | 75x | as long as short |
| BingX LUNC-USDT | +0.0369% | 8h | 0.00005469 | −0.055% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0371% | 8h | 0.00005473 | +0.018% | $2.0M | $769K | 25x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
BingX LUNC-USDT
Bybit 1000LUNCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0785% | 8h | 0.00005466 | −0.111% | $1.7M | $658K | 50x | as long as short |
KuCoin LUNCUSDTM