Funding you earn now, next payment 00:00 UTC−0.1481%/8h= −162.2% APRnext payment −$14.81 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against KuCoin−0.072%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days−0.110%−$11 · spread now −0.072%, 7d avg −0.087%
=The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$44 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LUNCUSDTM | 0.00005550 | 0.1581 | pay 0.1581% / 8h | 46m 11s | $1.8M | $821K | 50x |
| Short | Binance 1000LUNCUSDT | 0.00005546 | 0.0100 | get 0.0100% / 8h | 46m 11s | $4.2M | $8.4M | 75x |
KuCoin LUNCUSDTM
Binance 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$311.01
- Price spread: −0.072% → −0.087%
- $1.51
- Slippage, 4 orders
- −$71.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$403.31
- Costs to cover
- 0.938%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 8 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 KuCoin live order book, 10 min ago | 3.60 bp | 25.7 bp −$26 | 98.2 bp −$982 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.80 bp | 15.0 bp −$15 | 45.0 bp −$450 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kLUNC | +0.0100% | 1h | 0.00005549 | −0.004% | $288K | $125K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005543 | −0.110% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005546 | −0.072% | $4.2M | $8.4M | 75x | |
| Bybit 1000LUNCUSDT | +0.0100% | 8h | 0.00005548 | −0.027% | $2.0M | $754K | 25x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005546 | −0.063% | $393K | $258K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005544 | −0.099% | $17.0M | $1.4M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005541 | −0.153% | $1.1M | $633K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005548 | −0.027% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005544 | −0.095% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005542 | −0.135% | $390K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Bybit 1000LUNCUSDT
Gate LUNC_USDT
MEXC LUNC_USDT
Bitget LUNCUSDT
BingX LUNC-USDT
Extended kLUNC-USD
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTMlong | +0.1581% | 8h | 0.00005550 | long leg | $1.8M | $821K | 50x |