Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.94 per $10,000 · paid last 24h +0.192%
Price spread now: KuCoin against Bybit−0.071%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days+0.144%+$14 · spread now −0.071%, 7d avg +0.057%
=Funding pays, the price is against you. KuCoin is 0.128% cheaper against Bybit than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.057%). If the spread goes back, that is −$13 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000LUNCUSDT | 0.00005460 | 0.0107 | pay 0.0107% / 8h | 2h 05m | $1.9M | $801K | 25x |
| Short | KuCoin LUNCUSDTM | 0.00005456 | 0.0201 | get 0.0201% / 8h | 2h 05m | $1.7M | $668K | 50x |
Bybit 1000LUNCUSDT
KuCoin LUNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $19.65
- Price spread: −0.071% → +0.057%
- −$12.8
- Slippage, 4 orders
- −$144.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$160.59
- Costs to cover
- 1.674%
- Break-even
- 64.2 days
Slippage from Bybit: live order book, 6 min ago; KuCoin: live order book, 5 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 Bybit live order book, 6 min ago | 1.83 bp | 38.7 bp −$39 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 12.83 bp | 38.5 bp −$39 | 128.4 bp −$1,284 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDT | −0.0632% | 8h | 0.00005454 | −0.110% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005463 | +0.048% | $283K | $109K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005454 | −0.106% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005456 | −0.073% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005462 | +0.037% | $389K | $235K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005454 | −0.110% | $1.2M | $520K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005455 | −0.083% | $2K | — | 10x | as long as short |
| Bybit 1000LUNCUSDTlong | +0.0107% | 8h | 0.00005460 | long leg | $1.9M | $801K | 25x | |
| BingX LUNC-USDT | +0.0114% | 8h | 0.00005460 | 0.000% | — | $2.0M | — | as long as short |
| KuCoin LUNCUSDTMshort | +0.0201% | 8h | 0.00005456 | −0.071% | $1.7M | $668K | 50x |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
BingX LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005451 | −0.165% | $380K | $37K | 75x | as long as short |
BloFin 1000LUNC-USDT