Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.02198spotno funding——$2.1M1xBuy Binance Spot
SHORT0.02200+0.0101get 0.0051% / 4h2h 03m$2.9M$2.2M20xShort Binance
Price gap+0.050%
Funding gap+0.0101% /8h

Funding pays +$3 a day on $10k, but the gap is 0.109% under its 7d average: −$11 if it goes back, about 3.6 days of funding. At the last 7 days' pace that is about 15 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$121+0.0101% /8h now · paid +1.212% over the last 7D
Price−$11spread +0.050% now, avg +0.159% → −0.109% if it goes back
Costs−$1361.356% of $10k · taker + slippage, in and out
Result−$25−0.25%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.050%
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

DODO on 3 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size43.0 / 19.0 bp
    At $10k entering Binance Spot costs 43.0 bp, fee and slippage, 2.3× 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: +$3.04Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.04.
  • Watch: Gap narrower than usual+0.050% vs +0.159%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$2.9M 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+0.0577%/8h × 21 periods+$121.20
Price spread+0.050% → +0.159% (7d avg)−$10.85
Slippage, 4 orderslive order books−$105.55
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$25.21
Costs to cover1.356%Break-even8.5 days
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot4.5443.0 bp−$43124.8 bp−$1,248doesn’t fitdoesn’t fit
SELL · SHORTBinance1.5919.0 bp−$19106.7 bp−$1,067doesn’t fitdoesn’t fit

Closing costs about the same again.

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