Funding you earn now, next payment 08:00 UTC+0.0205%/8h= +22.4% APRnext payment +$2.05 per $10,000 · paid last 24h +0.173%
Price spread now: Gate against MEXC+0.183%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs+$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days+1.734%+$173 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.183%, 7d avg +0.121%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.062% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LUNC_USDT | 0.00005464 | −0.0105 | get 0.0105% / 8h | 5h 55m | $17.0M | $1.3M | 200x |
| Short | Gate LUNC_USDT | 0.00005474 | 0.0100 | get 0.0100% / 8h | 5h 55m | $390K | $239K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $43.05
- Price spread: +0.183% → +0.121%
- $6.24
- Slippage, 4 orders
- −$81.24
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$46.95
- Costs to cover
- 0.962%
- Break-even
- 14.6 days
Slippage from MEXC: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 3 min ago | 1.83 bp | 24.2 bp −$24 | 53.3 bp −$533 | 82.8 bp −$8,283 | 214.3 bp −$107.1K |
| Sell Gate live order book, 5 min ago | 3.66 bp | 29.8 bp −$30 | 221.2 bp −$2,212 | doesn't fit | doesn't fit |
LUNC on 10 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_USDTlong | −0.0105% | 8h | 0.00005464 | long leg | $17.0M | $1.3M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005473 | +0.174% | $285K | $107K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005469 | +0.096% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005462 | −0.037% | $4.1M | $7.7M | 75x | as long as short |
| Gate LUNC_USDTshort | +0.0100% | 8h | 0.00005474 | +0.183% | $390K | $239K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005462 | −0.037% | $1.2M | $567K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005468 | +0.066% | $2K | — | 10x | as long as short |
| BingX LUNC-USDT | +0.0165% | 8h | 0.00005464 | 0.000% | — | $2.0M | — | as long as short |
| Bybit 1000LUNCUSDT | +0.0193% | 8h | 0.00005468 | +0.073% | $2.0M | $737K | 25x | as long as short |
| KuCoin LUNCUSDTM | +0.1041% | 8h | 0.00005469 | +0.090% | $1.7M | $652K | 50x | as long as short |
MEXC LUNC_USDT
Gate LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDT
Bybit 1000LUNCUSDT
KuCoin LUNCUSDTM