Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.001085spotno funding——$294K1xBuy Binance Spot
SHORT0.001084+0.0100get 0.0100% / 8h2h 03m$1.5M$2.0M50xShort Binance
Price gap−0.046%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.062% 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 forecast
Funding+$11+0.0100% /8h now · paid +0.107% over the last 7D
Price+$6spread −0.046% now, avg −0.108% → +0.062% if it goes back
Costs−$1701.704% of $10k · taker + slippage, in and out
Result−$153−1.53%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.046%
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

CKB on 8 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size51.0 / 36.9 bp
    At $10k entering Binance Spot costs 51.0 bp, fee and slippage, 1.4× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The 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— / 8h
    The 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−0.046% vs −0.108%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.5M 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+0.0051%/8h × 21 periods+$10.74
Price spread−0.046% → −0.108% (7d avg)+$6.24
Slippage, 4 orderslive order books−$140.43
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$153.45
Costs to cover1.704%Break-even107.1 days
Slippage: Binance Spot: live order book, 54 min ago; Binance: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot9.2151.0 bp−$511312.6 bp−$13.1Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.8536.9 bp−$37100.1 bp−$1,001doesn’t fitdoesn’t fit

Closing costs about the same again.

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