Funding you earn now, next payment 08:00 UTC−0.0184%/8h= −20.1% APRnext payment −$1.84 per $10,000 · paid last 24h −0.192%
Price spread now: Bybit against KuCoin+0.064%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1451.451% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.064%, 7d avg −0.058%
=The price spread pays, funding is against you. Bybit is 0.122% dearer against KuCoin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.058%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LUNCUSDTM | 0.00005466 | 0.0443 | pay 0.0443% / 8h | 3h 45m | $1.7M | $658K | 50x |
| Short | Bybit 1000LUNCUSDT | 0.00005470 | 0.0259 | get 0.0259% / 8h | 3h 45m | $1.9M | $770K | 25x |
KuCoin LUNCUSDTM
Bybit 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$38.54
- Price spread: +0.064% → −0.058%
- $12.19
- Slippage, 4 orders
- −$122.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$171.46
- Costs to cover
- 1.451%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 2 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 KuCoin live order book, 1 min ago | 7.32 bp | 29.3 bp −$29 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.66 bp | 50.6 bp −$51 | 159.5 bp −$1,595 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0563% | 8h | 0.00005463 | −0.064% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005473 | +0.117% | $285K | $114K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005460 | −0.112% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005468 | +0.019% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005469 | +0.046% | $392K | $235K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005462 | −0.082% | $1.2M | $519K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005462 | −0.089% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005464 | −0.046% | $387K | $37K | 75x | as long as short |
| BingX LUNC-USDT | +0.0248% | 8h | 0.00005470 | +0.064% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDTshort | +0.0259% | 8h | 0.00005470 | +0.064% | $1.9M | $770K | 25x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDT
BingX LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMlong | +0.0443% | 8h | 0.00005466 | long leg | $1.7M | $658K | 50x |