Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8255 | spot | no funding | — | — | $961K | 1x | Buy Binance Spot | |
| SHORT | 0.8247 | +0.0100 | get 0.0050% / 4h | 3h 39m | $4.5M | $6.4M | 75x | Short Binance |
Price gap−0.097%
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 forecastFunding+$15+0.0100% /8h now · paid +0.153% over the last 7D
Price$0spread −0.097% now, avg −0.099% → +0.002% if it goes back
Costs−$980.976% of $10k · taker + slippage, in and out
Result−$82−0.82%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.097%
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
/8hAXS on 19 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size28.6 / 18.6 bpAt $10k entering Binance Spot costs 28.6 bp, fee and slippage, 1.5× 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— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
- Note: Gap at its usual level−0.097% vs −0.099%The price leg adds little either way.
- Note: Spot has no open interest$4.5M 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+0.0073%/8h × 21 periods+$15.28
Price spread−0.097% → −0.099% (7d avg)+$0.24
Slippage, 4 orderslive order books−$67.64
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$82.13
Costs to cover0.976%Break-even44.6 days
Slippage: Binance Spot: live order book, 5 min ago; Binance: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot6.0628.6 bp−$291201.2 bp−$12.0Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance0.6118.6 bp−$1944.6 bp−$446doesn’t fitdoesn’t fit
Closing costs about the same again.
AXS news
posts that mention AXS, from every exchange| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
SoDEX