Funding you earn now, next payment 00:00 UTC−0.1522%/8h= −166.7% APRnext payment −$15.22 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against KuCoin−0.069%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1611.606% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.069%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$46 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 -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.22 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 | 0.00005526 | 0.1622 | pay 0.1622% / 8h | 18m 22s | $1.8M | $770K | 50x |
| Short | Bybit 1000LUNCUSDT | 0.00005522 | 0.0100 | get 0.0100% / 8h | 18m 22s | $2.0M | $746K | 25x |
KuCoin LUNCUSDTM
Bybit 1000LUNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$319.62
- Price spread: −0.069% → −0.063%
- −$0.56
- Slippage, 4 orders
- −$137.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$480.8
- Costs to cover
- 1.606%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 9.22 bp | 22.7 bp −$23 | 106.9 bp −$1,069 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.62 bp | 52.2 bp −$52 | 157.4 bp −$1,574 | 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 | 0.00005533 | +0.130% | $288K | $124K | 3x | as long as short |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005524 | −0.042% | $48K | $16K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005524 | −0.033% | $4.2M | $8.2M | 75x | as long as short |
| Bybit 1000LUNCUSDTshort | +0.0100% | 8h | 0.00005522 | −0.069% | $2.0M | $746K | 25x | |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005526 | +0.004% | $394K | $263K | 75x | as long as short |
| MEXC LUNC_USDT | +0.0100% | 8h | 0.00005527 | +0.022% | $17.0M | $1.4M | 200x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005521 | −0.087% | $1.2M | $586K | 25x | as long as short |
| BingX LUNC-USDT | +0.0100% | 8h | 0.00005528 | +0.040% | — | $2.0M | — | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005523 | −0.058% | $2K | — | 10x | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005522 | −0.069% | $392K | $37K | 75x | as long as short |
Hyperliquid kLUNC
Aster 1000LUNCUSDT
Binance 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 | +0.1622% | 8h | 0.00005526 | long leg | $1.8M | $770K | 50x |