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

LUNC

all LUNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.173%
Price spread now: MEXC against Hyperliquid−0.065%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$730.729% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.821%−$182 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.065%, 7d avg −0.138%
Together, before fees−1.914%+ Points / potential airdropHyperliquid: Season 2 · farm board−$191 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kLUNC0.000055200.0100pay 0.0013% / 1h28m 02s$287K$126K3x
ShortMEXC LUNC_USDT0.000055160.0100get 0.0100% / 8h1h 28m$16.9M$1.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.065% → −0.138%
$7.3
Slippage, 4 orders
−$63.93
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$65.64
Costs to cover
0.729%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 41 min ago; MEXC: live order book, 1 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, 41 min ago2.26 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.72 bp8.0 bp −$839.7 bp −$39797.3 bp −$9,731234.8 bp −$117.4K

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
Hyperliquid kLUNClong+0.0100%1h0.00005520long leg$287K$126K3x
Aster 1000LUNCUSDT+0.0100%8h0.00005515−0.083%$48K$15K10xas long as short
Binance 1000LUNCUSDT+0.0100%8h0.00005514−0.101%$4.1M$8.4M75xas long as short
Bybit 1000LUNCUSDT+0.0100%8h0.00005520+0.007%$2.0M$752K25xas long as short
Gate LUNC_USDT+0.0100%8h0.00005518−0.029%$393K$279K75xas long as short
MEXC LUNC_USDTshort+0.0100%8h0.00005516−0.065%$16.9M$1.5M200x
Bitget LUNCUSDT+0.0100%8h0.00005510−0.174%$1.1M$623K25xas long as short
BingX LUNC-USDT+0.0100%8h0.00005517−0.047%$2.1Mas long as short
Extended kLUNC-USD+0.0104%1h0.00005518−0.030%$2K10xas long as short
BloFin 1000LUNC-USDT+0.0220%8h0.00005519−0.011%$387K$37K75xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LUNCUSDTM+0.1471%8h0.00005519−0.005%$1.8M$809K50xas long as short