Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5870 | spot | no funding | — | — | $4.9M | 1x | Buy Binance Spot | |
| SHORT | 0.5870 | −0.0041 | pay 0.0041% / 8h | 7h 48m | $14.8M | $42.4M | 75x | Short Binance |
Price gap−0.009%
Funding gap−0.0041% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 3.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14−0.0041% /8h now · paid +0.143% over the last 7D
Price+$4spread −0.009% now, avg −0.051% → +0.042% if it goes back
Costs−$650.647% of $10k · taker + slippage, in and out
Result−$46−0.46%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.009%
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
/8hAPT on 30 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size20.1 / 12.7 bpAt $10k entering Binance Spot costs 20.1 bp, fee and slippage, 1.6× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $133The 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— / 8hThe spot leg pays no funding; Binance settles every 8h.Next 24h at the current rates, on $10k a leg: −$1.22Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, −$1.22.
- OK: Entry gap works for you−0.009% vs −0.051%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$14.8M OIOnly 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 YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0068%/8h × 21 periods+$14.29
Price spread−0.009% → −0.051% (7d avg)+$4.21
Slippage, 4 orderslive order books−$34.68
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$46.18
Costs to cover0.647%Break-even29.6 days
Slippage: Binance Spot: live order book, 13 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot2.5920.1 bp−$2075.1 bp−$751doesn’t fitdoesn’t fit
SELL · SHORTBinance0.8612.7 bp−$1323.5 bp−$23599.8 bp−$9,981doesn’t fit
Closing costs about the same again.
