Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9065 | spot | no funding | — | — | $5.1M | 1x | Buy Binance Spot | |
| SHORT | 0.9053 | +0.0018 | get 0.0018% / 8h | 7h 48m | $28.2M | $53.8M | 75x | Short Binance |
Price gap−0.132%
Funding gap+0.0018% /8h
Funding pays +$1 a day on $10k, but the gap is 0.085% under its 7d average: −$8 if it goes back, about 16 days of funding. At the last 7 days' pace that is about 5.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0018% /8h now · paid +0.108% over the last 7D
Price−$8spread −0.132% now, avg −0.048% → −0.085% if it goes back
Costs−$670.665% of $10k · taker + slippage, in and out
Result−$64−0.64%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.132%
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
/8hDOT on 28 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size26.8 / 10.2 bpAt $10k entering Binance Spot costs 26.8 bp, fee and slippage, 2.6× 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: +$0.53Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$0.53.
- Watch: Gap narrower than usual−0.132% vs −0.048%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$28.2M 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+0.0051%/8h × 21 periods+$10.76
Price spread−0.132% → −0.048% (7d avg)−$8.46
Slippage, 4 orderslive order books−$36.52
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$64.22
Costs to cover0.665%Break-even48.8 days
Slippage: Binance Spot: live order book, 13 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot5.5926.8 bp−$2740.7 bp−$4071827.4 bp−$182.7Kdoesn’t fit
SELL · SHORTBinance0.5610.2 bp−$1025.0 bp−$25067.5 bp−$6,754doesn’t fit
Closing costs about the same again.
