Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06975 | spot | no funding | — | — | $4.2M | 1x | Buy Binance Spot | |
| SHORT | 0.06969 | −0.4085 | pay 0.2043% / 4h | 2h 03m | $4.4M | $16.3M | 25x | Short Binance |
Price gap−0.080%
Funding gap−0.4085% /8h
Both sides work against this pair now: funding costs $123 a day on $10k and the gap is 0.172% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$675−0.4085% /8h now · paid −6.752% over the last 7D
Price−$17spread −0.080% now, avg +0.092% → −0.172% if it goes back
Costs−$1431.435% of $10k · taker + slippage, in and out
Result−$836−8.36%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.080%
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
/8hERA on 10 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size52.2 / 26.1 bpAt $10k entering Binance Spot costs 52.2 bp, fee and slippage, 2.0× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Binance runs at up to 25x. 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: −$122.56Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$122.56.
- Watch: Gap narrower than usual−0.080% vs +0.092%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$4.4M 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−0.3215%/8h × 21 periods−$675.16
Price spread−0.080% → +0.092% (7d avg)−$17.23
Slippage, 4 orderslive order books−$113.48
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$835.87
Costs to cover1.435%Break-evennever at this rate
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot7.1552.2 bp−$52736.9 bp−$7,369doesn’t fitdoesn’t fit
SELL · SHORTBinance0.7226.1 bp−$2681.8 bp−$818doesn’t fitdoesn’t fit
Closing costs about the same again.
ERA news
posts that mention ERA, from every exchange| 10-29 11:27 | Extended | Listing | Now available to trade: $BR, $BAT, ethereum:0x0a092e544da31150b439a1aaa1a3a2214a867f46 and $ERA (Bedrock, Basic Attention, Concrete and Caldera) with up to 5x leverage and $ZK (ZKsync) with up to 10x leverage @extendedapp on X ↗ |
| 10-28 17:38 | Extended | Listing | new market ERA-USD ($ERA) seen by our collector |
Extended