Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.073%62s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.073%, 7d avg +0.031%
=The price spread pays, funding is against you. Bybit is 0.042% dearer against BloFin than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.031%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000LUNC-USDT | 0.00005465 | 0.0220 | pay 0.0220% / 8h | 6h 18m | $405K | $34K | 75x |
| Short | Bybit 1000LUNCUSDT | 0.00005469 | 0.0100 | get 0.0100% / 8h | 6h 18m | $1.9M | $792K | 25x |
BloFin 1000LUNC-USDT
Bybit 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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: +0.073% → +0.031%
- $4.22
- Slippage, 4 orders
- −$91.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.23
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Bybit: live order book, 1 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 BloFin live order book, 30 min ago | 3.67 bp | 12.6 bp −$13 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.74 bp | 42.4 bp −$42 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
LUNC on 11 exchanges
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 | 0.00005476 | +0.196% | $285K | $91K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005466 | +0.024% | $47K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005469 | +0.073% | $4.3M | $7.4M | 75x | as long as short |
| Bybit 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005469 | +0.073% | $1.9M | $792K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005472 | +0.128% | $390K | $187K | 75x | as long as short |
| KuCoin LUNCUSDTM | +0.0100% | 8h | 0.00005467 | +0.029% | $1.7M | $677K | 50x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005466 | +0.018% | $1.1M | $434K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005471 | +0.110% | — | $1.9M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005467 | +0.030% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005465 | long leg | $405K | $34K | 75x |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
KuCoin LUNCUSDTM
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | +0.0517% | 8h | 0.00005469 | +0.073% | $17.4M | $1.4M | 200x | as long as short |
MEXC LUNC_USDT