Settings8H · net · $10k
Funding arb · Price arb /

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.120%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$710.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.120%, 7d avg −0.114%
Together, before fees−0.020%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000054450.0100pay 0.0013% / 1h49m 45s$284K$115K3x
ShortBinance 1000LUNCUSDT0.000054390.0100get 0.0100% / 8h4h 49m$4.1M$7.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.120% → −0.114%
−$0.59
Slippage, 4 orders
−$52.31
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$71.89
Costs to cover
0.713%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 40 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 40 min ago1.56 bp22.1 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.92 bp16.5 bp −$1666.2 bp −$662doesn't fitdoesn't fit

LUNC on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC LUNC_USDT−0.0767%8h0.00005437−0.154%$17.1M$1.3M200xas long as short
Hyperliquid kLUNClong+0.0100%1h0.00005445long leg$284K$115K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005435−0.182%$47K$15K10xas long as short
Binance 1000LUNCUSDTshort+0.0100%8h0.00005439−0.120%$4.1M$7.9M75x
Gate LUNC_USDT+0.0100%8h0.00005447+0.029%$392K$237K75xas long as short
Bitget LUNCUSDT+0.0100%8h0.00005436−0.173%$1.2M$577K25xas long as short
Extended kLUNC-USD+0.0104%1h0.00005435−0.185%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005443−0.044%$384K$37K75xas long as short
BingX LUNC-USDT+0.0338%8h0.00005441−0.081%$2.0Mas long as short
Bybit 1000LUNCUSDT+0.0339%8h0.00005442−0.062%$1.9M$775K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.0706%8h0.00005441−0.081%$1.7M$660K50xas long as short