Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRnext payment −$2.77 per $10,000 · paid last 24h −0.173%
Price spread now: MEXC against Gate−0.220%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days−1.734%−$173 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.220%, 7d avg −0.118%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.103% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| 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 | 1h 54m | $388K | $232K | 75x |
| Short | MEXC LUNC_USDT | 0.00005438 | −0.0177 | pay 0.0177% / 8h | 1h 54m | $17.0M | $1.4M | 200x |
Gate LUNC_USDT
MEXC LUNC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$58.17
- Price spread: −0.220% → −0.118%
- −$10.26
- Slippage, 4 orders
- −$76.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$159.79
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; MEXC: live order book, 4 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, 51 min ago | 3.68 bp | 31.9 bp −$32 | 257.8 bp −$2,578 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.75 bp | 17.3 bp −$17 | 49.7 bp −$497 | 95.7 bp −$9,573 | 221.6 bp −$110.8K |
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_USDTshort | −0.0177% | 8h | 0.00005438 | −0.220% | $17.0M | $1.4M | 200x | |
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005448 | −0.031% | $283K | $109K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005439 | −0.206% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005441 | −0.166% | $4.0M | $7.9M | 75x | as long as short |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005441 | −0.165% | $1.9M | $801K | 25x | as long as short |
| Gate LUNC_USDTlong | +0.0100% | 8h | 0.00005450 | long leg | $388K | $232K | 75x | |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005438 | −0.220% | $1.1M | $520K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005445 | −0.092% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005441 | −0.169% | $2K | — | 10x | as long as short |
| KuCoin LUNCUSDTM | +0.0157% | 8h | 0.00005442 | −0.141% | $1.7M | $668K | 50x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Bybit 1000LUNCUSDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
KuCoin LUNCUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005449 | −0.018% | $383K | $37K | 75x | as long as short |
BloFin 1000LUNC-USDT