Funding you earn now, next payment 00:00 UTC+0.1278%/8h= +139.9% APRnext payment +$12.78 per $10,000 · paid last 24h +0.033%
Price spread now: KuCoin against Bitget+0.239%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.239%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and KuCoin is 0.171% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.069%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LUNCUSDT | 0.00005512 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $1.1M | $623K | 25x |
| Short | KuCoin LUNCUSDTM | 0.00005525 | 0.1378 | get 0.1378% / 8h | 2h 00m | $1.8M | $817K | 50x |
Bitget LUNCUSDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $268.38
- Price spread: +0.239% → +0.069%
- $17.08
- Slippage, 4 orders
- −$111.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $150.08
- Costs to cover
- 1.354%
- Break-even
- 3.1 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 6 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 Bitget live order book, 1 min ago | 3.63 bp | 28.1 bp −$28 | 52.8 bp −$528 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 12.93 bp | 42.9 bp −$43 | 121.0 bp −$1,210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005525 | +0.239% | $287K | $125K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005518 | +0.110% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005521 | +0.158% | $4.1M | $8.4M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005522 | +0.181% | $2.0M | $746K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005524 | +0.218% | $395K | $284K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005519 | +0.127% | $17.0M | $1.6M | 200x | as long as short |
| Bitget LUNCUSDTlong | +0.0100% | 8h | 0.00005512 | long leg | $1.1M | $623K | 25x | |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005521 | +0.163% | — | $2.1M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005519 | +0.133% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005516 | +0.073% | $390K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMshort | +0.1378% | 8h | 0.00005525 | +0.239% | $1.8M | $817K | 50x |