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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid+0.013%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1081.079% 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)−0.077%−$8 · spread now +0.013%, 7d avg −0.023%
Together, before fees−0.120%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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: Gate is 0.036% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000054480.0100pay 0.0013% / 1h50m 15s$284K$115K3x
ShortGate LUNC_USDT0.000054490.0100get 0.0100% / 8h4h 50m$392K$237K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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: +0.013% → −0.023%
$3.57
Slippage, 4 orders
−$83.87
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$104.3
Costs to cover
1.079%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 39 min ago; Gate: 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 Hyperliquid live order book, 39 min ago1.56 bp22.1 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.75 bp34.2 bp −$34241.2 bp −$2,412doesn'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−0.0747%8h0.00005439−0.171%$17.1M$1.3M200xas long as short
Hyperliquid kLUNClong+0.0100%1h0.00005448long leg$284K$115K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005440−0.155%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005442−0.124%$4.1M$7.9M75xas long as short
Gate LUNC_USDTshort+0.0100%8h0.00005449+0.013%$392K$237K75x
Bitget LUNCUSDT+0.0100%8h0.00005438−0.189%$1.2M$577K25xas long as short
Extended kLUNC-USD+0.0104%1h0.00005441−0.142%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005443−0.097%$384K$37K75xas long as short
BingX LUNC-USDT+0.0338%8h0.00005447−0.024%$2.0Mas long as short
Bybit 1000LUNCUSDT+0.0348%8h0.00005447−0.024%$1.9M$774K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.0706%8h0.00005443−0.095%$1.7M$660K50xas long as short