Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01488 | spot | no funding | — | — | $140K | 1x | Buy Binance Spot | |
| SHORT | 0.01488 | +0.0100 | get 0.0100% / 8h | 10m 14s | $987K | $1.1M | 25x | Short Binance |
Price gap−0.029%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.059% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price+$6spread −0.029% now, avg −0.088% → +0.059% if it goes back
Costs−$2202.200% of $10k · taker + slippage, in and out
Result−$193−1.93%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.029%
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
/8hCHR on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size85.4 / 49.1 bpAt $10k entering Binance Spot costs 85.4 bp, fee and slippage, 1.7× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Binance runs at up to 25x. 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: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
- OK: Entry gap works for you−0.029% vs −0.088%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$987K 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+0.0100%/8h × 21 periods+$21.00
Price spread−0.029% → −0.088% (7d avg)+$5.89
Slippage, 4 orderslive order books−$189.96
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$193.07
Costs to cover2.200%Break-even71.4 days
Slippage: Binance Spot: live order book, 49 min ago; Binance: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot3.3685.4 bp−$855490.3 bp−$54.9Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.3849.1 bp−$49181.5 bp−$1,815doesn’t fitdoesn’t fit
Closing costs about the same again.
