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

LUNA2

all LUNA2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.009%
Price spread now: BloFin against Bybit+0.092%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.263%+$26 on $10k
Price spread, last 3 days (all we have)−0.134%−$13 · spread now +0.092%, 7d avg +0.056%
Together, before fees+0.129%+$13 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: BloFin is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LUNA2USDT0.054160.0100pay 0.0100% / 8h1h 05m$1.1M$3.1M50x
ShortBloFin LUNA2-USDT0.054210.0093get 0.0046% / 4h1h 05m$289K$54K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$1.52
Price spread: +0.092% → +0.056%
$3.62
Slippage, 4 orders
−$54.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$75.66
Costs to cover
0.778%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; BloFin: live order book, 7 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 Bybit live order book, 7 min ago0.93 bp22.2 bp −$2295.0 bp −$950doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago0.92 bp21.3 bp −$2142.1 bp −$421doesn't fitdoesn't fit

LUNA2 on 6 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
BloFin LUNA2-USDTshort+0.0093%4h0.05421+0.092%$289K$54K50x
Aster LUNA2USDT+0.0100%4h0.05421+0.092%$11K$134K5xas long as short
Binance LUNA2USDT+0.0100%4h0.05425+0.164%$3.1M$25.0M50xas long as short
Bybit LUNA2USDTlong+0.0100%8h0.05416long leg$1.1M$3.1M50x
Variational Omni LUNA2+0.0100%8h0.05408−0.143%$17K$6Kas long as short
Kraken Futures PF_LUNA2USD+0.0614%1h0.05422+0.112%$11K$9K10xas long as short