Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.02495spotno funding——$5.7M1xBuy Binance Spot
SHORT0.02487−0.1374pay 0.0687% / 4h2h 03m$4.7M$37.0M20xShort Binance
Price gap−0.301%
Funding gap−0.1374% /8h

The gap pays +$44 on $10k if it goes back to its 7d average, but funding costs $41 a day and eats that in about 26 hours. At the last 7 days' pace that is about 7 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1,088−0.1374% /8h now · paid −10.880% over the last 7D
Price+$44spread −0.301% now, avg −0.742% → +0.441% if it goes back
Costs−$1151.152% of $10k · taker + slippage, in and out
Result−$1,159−11.59%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.301%
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

BMT on 8 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size39.0 / 18.8 bp
    At $10k entering Binance Spot costs 39.0 bp, fee and slippage, 2.1× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; Binance runs at up to 20x. 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— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$41.22Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$41.22.
  • OK: Entry gap works for you−0.301% vs −0.742%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$4.7M 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−0.5181%/8h × 21 periods−$1,087.97
Price spread−0.301% → −0.742% (7d avg)+$44.09
Slippage, 4 orderslive order books−$85.24
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$1,159.12
Costs to cover1.152%Break-evennever at this rate
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot3.9939.0 bp−$39627.8 bp−$6,278doesn’t fitdoesn’t fit
SELL · SHORTBinance2.0018.8 bp−$1973.5 bp−$735doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

BMT news

posts that mention BMT, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗