Funding you earn now, next payment 00:00 UTC−0.1055%/8h= −115.5% APRnext payment −$10.55 per $10,000 · paid last 24h −0.173%
Price spread now: MEXC against BingX−0.108%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days−1.821%−$182 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.108%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and MEXC is 0.050% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| 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 | 1h 13m | — | $2.1M | — |
| Short | MEXC LUNC_USDT | 0.00005524 | −0.0955 | pay 0.0955% / 8h | 1h 13m | $16.9M | $1.5M | 200x |
BingX LUNC-USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$221.55
- Price spread: −0.108% → −0.058%
- −$5.02
- Slippage, 4 orders
- −$51.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$288.43
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, just now.
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, 10 min ago | 2.72 bp | 14.0 bp −$14 | 37.3 bp −$373 | 378.0 bp −$37.8K | 849.9 bp −$424.9K |
| Sell MEXC live order book, just now | 1.81 bp | 15.4 bp −$15 | 46.9 bp −$469 | 82.3 bp −$8,225 | 189.6 bp −$94.8K |
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_USDTshort | −0.0955% | 8h | 0.00005524 | −0.108% | $16.9M | $1.5M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005533 | +0.056% | $288K | $126K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005526 | −0.070% | $48K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005526 | −0.073% | $4.2M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005532 | +0.036% | $2.0M | $751K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005532 | +0.036% | $394K | $279K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005522 | −0.145% | $1.1M | $623K | 25x | as long as short |
| BingX LUNC-USDTlong | +0.0100% | 8h | 0.00005530 | long leg | — | $2.1M | — | |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005525 | −0.093% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005527 | −0.054% | $387K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.1487% | 8h | 0.00005530 | −0.004% | $1.8M | $809K | 50x | as long as short |
KuCoin LUNCUSDTM