Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: BloFin against BingX+0.018%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.018%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.046% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUNC-USDT | 0.00005530 | 0.0100 | pay 0.0100% / 8h | 25m 17s | — | $2.0M | — |
| Short | BloFin 1000LUNC-USDT | 0.00005531 | 0.0220 | get 0.0220% / 8h | 25m 17s | $391K | $37K | 75x |
BingX LUNC-USDT
BloFin 1000LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: +0.018% → −0.028%
- $4.6
- Slippage, 4 orders
- −$37.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.61
- Costs to cover
- 0.594%
- Break-even
- 15.2 days
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 50 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 BingX live order book, 8 min ago | 2.71 bp | 13.7 bp −$14 | 38.8 bp −$388 | 385.7 bp −$38.6K | 816.4 bp −$408.2K |
| Sell BloFin live order book, 50 min ago | 1.81 bp | 17.5 bp −$17 | 43.8 bp −$438 | 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 | −0.0839% | 8h | 0.00005522 | −0.145% | $16.9M | $1.4M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005531 | +0.022% | $287K | $124K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005524 | −0.112% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005525 | −0.092% | $4.2M | $8.2M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005524 | −0.108% | $2.0M | $747K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005535 | +0.090% | $391K | $260K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005519 | −0.199% | $1.1M | $586K | 25x | as long as short |
| BingX LUNC-USDTlong | +0.0100% | 8h | 0.00005530 | long leg | — | $2.0M | — | |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005523 | −0.134% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTshort | +0.0220% | 8h | 0.00005531 | +0.018% | $391K | $37K | 75x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1621% | 8h | 0.00005529 | −0.014% | $1.8M | $758K | 50x | as long as short |
KuCoin LUNCUSDTM