Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.209%
Price spread now: MEXC against BloFin−0.018%49s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$258as 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−$610.610% of the position
Funding, last 7 days−1.966%−$197 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.018%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 49 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 | 0.00005455 | 0.0220 | pay 0.0220% / 8h | 1h 10m | $383K | $37K | 75x |
| Short | MEXC LUNC_USDT | 0.00005454 | 0.0100 | get 0.0100% / 8h | 1h 10m | $17.2M | $1.4M | 200x |
BloFin 1000LUNC-USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.018% → −0.021%
- $0.31
- Slippage, 4 orders
- −$49.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$85.9
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; MEXC: live order book, 3 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, 10 min ago | 1.84 bp | 14.7 bp −$15 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.84 bp | 16.9 bp −$17 | 54.4 bp −$544 | 97.2 bp −$9,722 | 229.1 bp −$114.6K |
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 | 0.00005465 | +0.187% | $283K | $107K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005454 | −0.016% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005457 | +0.034% | $4.1M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005460 | +0.092% | $1.9M | $800K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005461 | +0.110% | $389K | $233K | 75x | as long as short |
| MEXC LUNC_USDTshort | +0.0100% | 8h | 0.00005454 | −0.018% | $17.2M | $1.4M | 200x | |
| KuCoin LUNCUSDTM | +0.0100% | 8h | 0.00005457 | +0.040% | $1.7M | $673K | 50x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005454 | −0.018% | $1.1M | $521K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005458 | +0.055% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005455 | −0.006% | $2K | — | 10x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
KuCoin LUNCUSDTM
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000LUNC-USDTlong | +0.0220% | 8h | 0.00005455 | long leg | $383K | $37K | 75x |