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

ALGO

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotALGOUSDT
0.09505spotno funding——$1.6M1xBuy Binance Spot
SHORT
BinanceALGOUSDT
0.09500+0.0100get 0.0100% / 8h7h 44m$6.3M$15.2M75xShort Binance
Price gap−0.053%
Funding gap+0.0100% /8h

Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0100% /8h now · paid +0.078% over the last 7D
Price+$2spread −0.053% now, avg −0.072% → +0.019% if it goes back
Costs−$840.838% of $10k · taker + slippage, in and out
Result−$74−0.74%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.053%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ALGO on 21 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size25.5 / 12.4 bp
    At $10k entering Binance Spot costs 25.5 bp, fee and slippage, 2.1× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Binance runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
  • Note: Gap at its usual level−0.053% vs −0.072%
    The price leg adds little either way.
  • Note: Spot has no open interest$6.3M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0037%/8h × 21 periods+$7.83
Price spread−0.053% → −0.072% (7d avg)+$1.95
Slippage, 4 orderslive order books−$53.75
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$73.97
Costs to cover0.838%Break-even73.1 days
Slippage: Binance Spot: live order book, 1 min ago; Binance: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot5.2625.5 bp−$2586.9 bp−$869doesn’t fitdoesn’t fit
SELL · SHORTBinance0.5412.4 bp−$1237.1 bp−$371238.4 bp−$23.8Kdoesn’t fit

Closing costs about the same again.

Alert

ALGO news

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