Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2813 | spot | no funding | — | — | $163K | 1x | Buy Binance Spot | |
| SHORT | 0.2809 | −0.0063 | pay 0.0063% / 8h | 7h 10m | $719K | $811K | 50x | Short Binance |
Price gap−0.124%
Funding gap−0.0063% /8h
Both sides work against this pair now: funding costs $2 a day on $10k and the gap is 0.021% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0063% /8h now · paid −0.087% over the last 7D
Price−$2spread −0.124% now, avg −0.103% → −0.021% if it goes back
Costs−$7237.227% of $10k · taker + slippage, in and out
Result−$733−7.33%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.124%
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
/8hBNT on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size585.6 / 39.7 bpAt $10k entering Binance Spot costs 585.6 bp, fee and slippage, 14.7× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Binance runs at up to 50x. 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: −$1.88Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, −$1.88.
- Watch: Gap narrower than usual−0.124% vs −0.103%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$719K OIBinance sets your exit cost. Check its book before closing.
- 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−0.0041%/8h × 21 periods−$8.66
Price spread−0.124% → −0.103% (7d avg)−$2.12
Slippage, 4 orderslive order books−$692.68
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$733.45
Costs to cover7.227%Break-evennever at this rate
Slippage: Binance Spot: live order book, 1 min ago; Binance: live order book, 69 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot5.33585.6 bp−$58614650.7 bp−$146.5Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.8039.7 bp−$40159.0 bp−$1,590doesn’t fitdoesn’t fit
Closing costs about the same again.