Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 19.565 | spot | no funding | — | — | $416K | 1x | Buy Binance Spot | |
| SHORT | 19.541 | +0.0100 | get 0.0100% / 8h | 7h 44m | $5.4M | $4.1M | 75x | Short Binance |
Price gap−0.124%
Funding gap+0.0100% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0100% /8h now · paid +0.091% over the last 7D
Price$0spread −0.124% now, avg −0.124% → 0.000% if it goes back
Costs−$1231.230% of $10k · taker + slippage, in and out
Result−$114−1.14%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
/8hCOMP on 15 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size47.8 / 23.4 bpAt $10k entering Binance Spot costs 47.8 bp, fee and slippage, 2.0× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $133The spot leg is bought with the whole $10k; Binance runs at up to 75x. 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.
- Note: Gap at its usual level−0.124% vs −0.124%The price leg adds little either way.
- Note: Spot has no open interest$5.4M OIOnly 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 YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0043%/8h × 21 periods+$9.10
Price spread−0.124% → −0.124% (7d avg)−$0.03
Slippage, 4 orderslive order books−$92.96
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$113.89
Costs to cover1.230%Break-even94.6 days
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot7.7847.8 bp−$48714.0 bp−$7,140doesn’t fitdoesn’t fit
SELL · SHORTBinance2.5923.4 bp−$2366.6 bp−$666345.0 bp−$34.5Kdoesn’t fit
Closing costs about the same again.
COMP news
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