Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 737.66 | +0.1187 | pay 0.0148% / 1h | 48m 21s | $7K | $131K | 10x | Long Aftermath Perps5% off | |
| SHORT | 737.73 | +0.0560 | get 0.0070% / 1h | 48m 21s | $166K | $7K | 12x | Short Hibachi |
Price gap+0.010%
Funding gap−0.0627% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $19 a day and eats that in about 5 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$75−0.0627% /8h now · paid −0.749% over the last 7D
Price+$4spread +0.010% now, avg −0.026% → +0.036% if it goes back
Costs−$450.450% of $10k · taker + slippage, in and out
Result−$116−1.16%+ Points / potential airdropHibachi: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.010%
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
/8hBNB on 47 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Large against open interest10.2 / 9.3 bp$10k is over 10% of Aftermath Perps’s open interest.
- Note: Margin at max leverage$1,000 + $833Aftermath Perps 10x, Hibachi 12x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$18.81Long Aftermath Perps: 24 payments, −$35.61; short Hibachi: 24 payments, +$16.80.
- OK: Entry gap works for you+0.010% vs −0.026%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$7K vs $166K OIAftermath Perps sets your exit cost. Check its book before closing.
- OK: Points on a legHibachi pointsVolume here counts toward the points program.
- OK: No KYC on either legAftermath Perps No · Hibachi NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0356%/8h × 21 periods−$74.86
Price spread+0.010% → −0.026% (7d avg)+$3.58
Slippage, 4 orderslive order books−$26.98
Fee Aftermath Perps bp × 2 orders−$9.00
Fee Hibachi bp × 2 orders−$9.00
Net · 7 days · $10k−$116.27
Costs to cover0.450%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 41 min ago; Hibachi: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps2.1610.2 bp−$10doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTHibachi0.809.3 bp−$939.2 bp−$392doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-22 18:02 | Binance | Contest | Spot Trading Tournament Season 8 is here. Share up to 400 BNB in token vouchers. Join now 👉 @binance on X ↗ |
| 10-21 10:28 | Binance | Contest | Spot traders, this one’s for you 🫵 Join Spot Trading Tournament Season 7 for a chance to share up to 400 BNB in token vouchers. Know more → @binance on X ↗ |
| 10-15 08:55 | Reya | Listing | new market BNBRUSDPERP ($BNB) seen by our collector |
| 10-15 02:52 | Aftermath Perps | Listing | You can now long or short $BNB with 10x leverage @AftermathFi on X ↗ |
| 10-14 16:00 | Binance | Contest | 400 BNB. One tournament. Your move. ♟️ Binance Spot Trading Tournament Season 5 is officially live Act now → @binance on X ↗ |
| 10-13 17:09 | Aftermath Perps | Listing | new market BNBUSD ($BNB) seen by our collector |

Binance