Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000001713spotno funding——$3.6M1xBuy Binance Spot
SHORT0.000001732+0.0402get 0.0201% / 4h2h 03m$1.7M$8.6M20xShort Binance
Price gap+1.099%
Funding gap+0.0402% /8h

Funding pays +$12 a day on $10k, but the gap is 0.584% under its 7d average: −$58 if it goes back, about 4.8 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$987+0.0402% /8h now · paid −9.871% over the last 7D
Price−$58spread +1.099% now, avg +1.683% → −0.584% if it goes back
Costs−$3423.421% of $10k · taker + slippage, in and out
Result−$1,388−13.88%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+1.099%
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

CAT on 7 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size219.0 / 21.2 bp
    At $10k entering Binance Spot costs 219.0 bp, fee and slippage, 10.3× 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: +$12.05Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$12.05.
  • Watch: Gap narrower than usual+1.099% vs +1.683%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$1.7M 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−0.4700%/8h × 21 periods−$987.08
Price spread+1.099% → +1.683% (7d avg)−$58.39
Slippage, 4 orderslive order books−$312.07
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$1,387.54
Costs to cover3.421%Break-evennever at this rate
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot8.72219.0 bp−$2193524.2 bp−$35.2Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.8821.2 bp−$2187.0 bp−$870doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CAT news

posts that mention CAT, from every exchange
10-15 05:30BitgetOtherPPI data is up next: 7 hours to go. ⏳ Will $CAT, $FDX, $DE, and $CSX make big moves? @bitget on X ↗
09-22 08:47Jupiter PerpsOtherTHE CAT IS OUT THE BAAAAG @JupiterExchange on X ↗