Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate0.000%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now 0.000%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUNC_USDT | 0.00005450 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $388K | $235K | 75x |
| Short | BingX LUNC-USDT | 0.00005450 | 0.0121 | get 0.0121% / 8h | 2h 15m | — | $2.0M | — |
Gate LUNC_USDT
BingX LUNC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $4.41
- Price spread: 0.000% → −0.057%
- $5.7
- Slippage, 4 orders
- −$73.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.75
- Costs to cover
- 0.989%
- Break-even
- 147.9 days
Slippage from Gate: live order book, 30 min ago; BingX: live order book, 2 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 Gate live order book, 30 min ago | 3.68 bp | 31.9 bp −$32 | 257.8 bp −$2,578 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.75 bp | 17.2 bp −$17 | 30.2 bp −$302 | 317.3 bp −$31.7K | 893.7 bp −$446.9K |
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 | −0.0436% | 8h | 0.00005445 | −0.092% | $17.2M | $1.3M | 200x | as long as short |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005455 | +0.095% | $283K | $110K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005446 | −0.074% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005447 | −0.055% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005450 | long leg | $388K | $235K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005443 | −0.128% | $1.1M | $520K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005447 | −0.063% | $2K | — | 10x | as long as short |
| BingX LUNC-USDTshort | +0.0121% | 8h | 0.00005450 | 0.000% | — | $2.0M | — | |
| Bybit 1000LUNCUSDT | +0.0124% | 8h | 0.00005451 | +0.018% | $1.9M | $799K | 25x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005448 | −0.037% | $382K | $37K | 75x | as long as short |
MEXC LUNC_USDT
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bitget LUNCUSDT
Extended kLUNC-USD
Bybit 1000LUNCUSDT
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0226% | 8h | 0.00005449 | −0.026% | $1.7M | $666K | 50x | as long as short |
KuCoin LUNCUSDTM