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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.147%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$790.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.147%, 7d avg +0.057%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.057%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LUNCUSDT0.000054390.0100pay 0.0100% / 8h4h 46m$1.2M$577K25x
ShortBingX LUNC-USDT0.000054470.0322get 0.0322% / 8h4h 46m$2.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$46.62
Price spread: +0.147% → +0.057%
$9.05
Slippage, 4 orders
−$56.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$23.09
Costs to cover
0.788%
Break-even
10.5 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 1 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 Bitget live order book, 4 min ago2.76 bp20.8 bp −$2151.7 bp −$517doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago2.76 bp20.5 bp −$2157.8 bp −$578392.6 bp −$39.3K857.7 bp −$428.9K

LUNC on 11 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
Hyperliquid kLUNC+0.0100%1h0.00005451+0.219%$284K$115K3xas long as short
Aster 1000LUNCUSDT+0.0100%8h0.00005442+0.047%$47K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005443+0.072%$4.1M$7.9M75xas long as short
Gate LUNC_USDT+0.0100%8h0.00005447+0.147%$392K$237K75xas long as short
MEXC LUNC_USDT+0.0100%8h0.000054390.000%$17.1M$1.3M200xas long as short
Bitget LUNCUSDTlong+0.0100%8h0.00005439long leg$1.2M$577K25x
Extended kLUNC-USD+0.0104%1h0.00005442+0.054%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005435−0.074%$386K$37K75xas long as short
BingX LUNC-USDTshort+0.0322%8h0.00005447+0.147%$2.0M
Bybit 1000LUNCUSDT+0.0332%8h0.00005448+0.165%$1.9M$777K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.0686%8h0.00005441+0.037%$1.7M$660K50xas long as short