Settings8H · net · $10k
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Funding arb · Price arb / Crypto

FIDA

All FIDA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotFIDAUSDT
0.01527spotno funding——$231K1xBuy Binance Spot
SHORT
BinanceFIDAUSDT
0.01526+0.0100get 0.0050% / 4h2h 03m$878K$1.1M25xShort Binance
Price gap−0.065%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.031% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$16+0.0100% /8h now · paid +0.164% over the last 7D
Price+$3spread −0.065% now, avg −0.097% → +0.031% if it goes back
Costs−$1871.873% of $10k · taker + slippage, in and out
Result−$168−1.68%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.065%
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

FIDA on 9 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size63.3 / 29.0 bp
    At $10k entering Binance Spot costs 63.3 bp, fee and slippage, 2.2× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The 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— / 4h
    The 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−0.065% vs −0.097%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thin$878K OI
    Binance sets your exit cost. Check its book before closing.
  • 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+0.0078%/8h × 21 periods+$16.42
Price spread−0.065% → −0.097% (7d avg)+$3.12
Slippage, 4 orderslive order books−$157.28
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$167.75
Costs to cover1.873%Break-even78.5 days
Slippage: Binance Spot: live order book, 53 min ago; Binance: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot9.8363.3 bp−$632148.3 bp−$21.5Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance3.2829.0 bp−$29178.4 bp−$1,784doesn’t fitdoesn’t fit

Closing costs about the same again.

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