SPLITLUNC & LUNALUNC is Terra Classic (columbus-5). LUNA is Terra (phoenix-1). There is no redemption between them. Sending either ticker to the other chain does not arrive and is not a conversion. A price ratio is spot value only.
1 LUNA = — LUNC. Spot only. Not a redemption rate.
VENUES
Arb
A cheaper book is not a bridge. These prices cannot be redeemed across columbus-5 and phoenix-1.