Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.2775spotno funding——$1.4M1xBuy Binance Spot
SHORT1.2760+0.0100get 0.0050% / 4h3h 44m$3.3M$4.5M20xShort Binance
Price gap−0.117%
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 forecast
Funding+$21+0.0100% /8h now · paid +0.210% over the last 7D
Price−$2spread −0.117% now, avg −0.098% → −0.019% if it goes back
Costs−$1281.279% of $10k · taker + slippage, in and out
Result−$109−1.09%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.117%
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

DEXE on 11 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size42.5 / 30.1 bp
    At $10k entering Binance Spot costs 42.5 bp, fee and slippage, 1.4× 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: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • Note: Gap at its usual level−0.117% vs −0.098%
    The price leg adds little either way.
  • Note: Spot has no open interest$3.3M 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+0.0100%/8h × 21 periods+$21.00
Price spread−0.117% → −0.098% (7d avg)−$1.91
Slippage, 4 orderslive order books−$97.94
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$108.85
Costs to cover1.279%Break-even43.3 days
Slippage: Binance Spot: live order book, 15 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot3.9742.5 bp−$421443.0 bp−$14.4Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.9630.1 bp−$30211.9 bp−$2,119doesn’t fitdoesn’t fit

Closing costs about the same again.

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