Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.00002929 | spot | no funding | — | — | $245K | 1x | Buy Binance Spot | |
| SHORT | 0.00002931 | +0.0100 | get 0.0050% / 4h | 3h 44m | $1.2M | $1.3M | 50x | Short Binance |
Price gap+0.051%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.107% above its 7d average: +$11 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+$11spread +0.051% now, avg −0.056% → +0.107% if it goes back
Costs−$2762.762% of $10k · taker + slippage, in and out
Result−$244−2.44%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.051%
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
/8hDOGS on 9 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size90.2 / 37.3 bpAt $10k entering Binance Spot costs 90.2 bp, fee and slippage, 2.4× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $200The 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— / 4hThe 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.
- OK: Entry gap works for you+0.051% vs −0.056%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.2M 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+0.0100%/8h × 21 periods+$21.00
Price spread+0.051% → −0.056% (7d avg)+$10.72
Slippage, 4 orderslive order books−$246.21
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$244.48
Costs to cover2.762%Break-even88.5 days
Slippage: Binance Spot: live order book, 13 min ago; Binance: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot1.7290.2 bp−$903077.8 bp−$30.8Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.4237.3 bp−$37154.2 bp−$1,542doesn’t fitdoesn’t fit
Closing costs about the same again.
