Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.9065spotno funding——$5.1M1xBuy Binance Spot
SHORT0.9053+0.0018get 0.0018% / 8h7h 48m$28.2M$53.8M75xShort 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 forecast
Funding+$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 · history
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

/8h

DOT on 28 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size26.8 / 10.2 bp
    At $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 + $133
    The 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— / 8h
    The 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 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+0.0051%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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